Category: Dubai Economy

How to tough out those seasonal Dubai business slowdowns

When those difficult business lulls come around, they can spook even the hardiest of business owners. Slowdowns and upturns in sales are all part of the natural economic cycle; but that’s not to say the transitions are easy to handle. So, when business is slower than usual, it’s crucial that we keep cool heads and approach the situation with the same tools we use when addressing any other professional problem: objectivity and logic. It’s all about taking steps to keep our enterprises moving forward, regardless of the current climate. 

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Dubai World Trade Centre company setup

There are very few entrepreneurs in the UAE who haven’t at least considered setting up in one of the country’s free zones. This is particularly true of entrepreneurs from overseas – and it’s not difficult to see the reasons behind this. With 0% corporate and personal tax, 100% company ownership, 100% repatriation of capital and profits, no currency restrictions, and 100% import and export tax exemption on offer, free zones make for an attractive proposition. But these are just the headline benefits. Each individual free zone also offers a host of advantages that differ from others in the region. One such free zone is Dubai World Trade Centre (DWTC). 

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How to start an events company in the UAE

Around the world, the events industry is booming. Last year’s American Express Meetings and Events 2016 Forecast predicted the largest growth globally in spend since 2011, while Alpen Capital noted the ‘GCC hospitality industry remains firm on its growth trajectory.’ Focusing more closely on the UAE, the events industry here is very much in keeping with this global and regional trend, welcoming millions of global visitors annually. Needless to say, this has left many entrepreneurs wondering how to start an events company in the UAE. In this article, we show you how it’s done.

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Ready for a new chapter in your working life?

Here’s what happened when two people, from different countries, with very different skillsets, followed a dream to start a business in Dubai.

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The business lessons hidden behind internet headlines

The internet is a very big place. Full of information, opportunities and… statistics. The problem is that these stats are not always relevant – and they’re not always true. Still, statistics can be thought-provoking. In this article we have drawn up a list of our favourite statistics and look at the actual lessons they can teach us – whether they raise a smile, an eyebrow or even a business case.

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Small businesses in Dubai: why Dubai’s booming global economy is a hotbed of opportunity

The Financial Times describes entrepreneurs as individuals who are ‘drawn to opportunities, innovation and new value creation’. All over the world, entrepreneurs are the people behind the businesses that become market leaders. The entrepreneurial mindset sees opportunities where others see competition or even saturation. But starting a business is hard work. An environment that’s geared towards making your idea a success will be a huge help, and Dubai and the UAE fit the bill. So let’s explore how you can get the best from starting up your business in the region.

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Making it as a woman entrepreneur – does gender play a role when running a business in the UAE?

Many believe incorrectly that starting a company as a female in Dubai is particularly difficult, that you will be at a disadvantage. In fact, quite the opposite is true. A quick scan of the Forbes 50 Most Promising UAE Startups reveals women leading some of the most prominent new businesses in the region. So let’s look at some facts, at the rise of the female entrepreneur in the UAE, and then examine the key steps you can take to get your UAE startup off the ground.

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Behind the headlines – Dubai’s booming economy and what it means for your business

We’re used to hearing big, bold headlines about Dubai, whether it’s another record-breaking skyscraper, man-made islands, or drone taxis set to whisk people around the city. With the economy too, the headlines are often celebratory. If the stories sound like hype, that doesn’t mean they’re not true, but do they give the full picture and what are the implications for the entrepreneur? In this article we look at Dubai’s booming economy and what it means for your business.

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Dubai’s thirst for innovation is pushing the frontiers of technology

Flying firefighters and driverless cars, almost-instant portal travel, and buildings that seem to lack solid foundations. It might sound like science fiction, but all this and more is happening in Dubai. Whether your startup is looking to innovate in tech, or simply take advantage of an ever-more-connected city, Dubai is moving quickly. In this article we look at the incredible innovations in the city, and what it means for the entrepreneurs operating in Dubai, or considering setting up here in the future.

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How do I choose a name for my UAE company?

In most cases your business name is one of the first things your potential customers will know about you, so it’s vital that it makes a good impression. When choosing a name for a UAE company there are two main aspects to consider: the emotional and the practical. Let’s take a close look at the key considerations for both.

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