UAE Government is generous at its best when compared to other government, and this attracts business from all around the world. Famous for its income from oil supply to other countries, do you know that UAE’s maximum economy rises from the profit in SMEs. The time zone, low payable taxes and various schemes launched gives start-up a considerable chance to settle in the region for the long run.
Along with this, the region keeps hosting a plethora of summits and conferences, inviting successful business people from different countries. Yesteryear, the SMEs were providing more than 95% of the total profit, but other brands and companies are also settling in and thriving in Dubai. With the help of the tourism industry that never sleeps, once can say that Dubai has just started to rise and there’s a long way to go.
Dubai has been and is ranked for being one of the best centres for business and logistics and finance and trade amongst five others. If you’re looking for a better opportunity to settle in the market of the Middle East, Dubai is the place to start from. Along with the Middle East, Dubai has the channel to supply in African markets as well, which opens the chance of more financial growth and success. If you’re into the export of materials such as sugar, rubber or plastic, you can easily tap into the million-dollar potential through Dubai!
Sheikh Umar Farooq Zahoor is the living example of how you can settle a highly successful business in Dubai. Starting from a small company of travel agency, he has now set up the business worth millions in the region. He is a risk-taking, experimental and has a high success ratio. According to him, the small business can claim huge benefits if they establish in Dubai. The low tax rates and the massive support by the government will help in this establishment rather than them being rammed down due to financial losses.
Along with this, Dubai has a significant market of metals and beauty products that it exports in different parts of the world. Recently the MENA country has also tapped in the green energy market worth billions to reduce the carbon footprint in comparison to other leading countries. If the market keeps going like it is, the chances are that Dubai will open a call for a green energy company for its sustainable growth.
Whatever Dubai does, do with the goal of global domination and so it is doing when talking about business. The region is business-minded and knows how to mint money and not to depend on other countries for any financial help. Because of the emerging economic sector, the youth of Dubai is seeing a rise in the job sector as the considerable workforce is the need of the hour. Considering all these factors, it’s not wrong to say that soon the world is going to see Dubai as the business hub for every type of business that can be done.
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Sheikh Umar Farooq Zahoor 