Dubai has created a thriving environment for startups. The city is popular for its healthy economy. But the Emirates also has a strong infrastructure and extensive government support for entrepreneurs, offering a range of possibilities for entrepreneurs. Dubai is a great place for those looking to grow their market in the Middle East. It is worth mentioning that the initiatives and programs is offered in particular two emirates – Dubai and Abu Dhabi. Both cities play a meaningful role in supporting entrepreneurship and innovation in the region.
Global Business hub
Since the United Arab Emirates continues to grow as a global business hub, free zones remain an important player in supporting the business ecosystem. Free Zones support and attracts investment in the regions, driving entrepreneurs and business owners to set up local businesses, which adds to the national economy.
In Dubai, you can find some of the biggest banks and high net-worth individuals in the world, the city is a leading financial hub in the Middle East, Africa, and South Asia region. Dubai is also home to about one-third of investors and the highest number of venture capitalists in the Middle East and North Africa (MENA) region. The presence of a strong financial infrastructure and entities makes the environment beneficial to supporting start-ups and entrepreneurs.
Encouraging Environment for Start-up and Innovation
Strong commitment by the government in the United Arab Emirates to entrepreneurship and innovation has also submitted a high number of initiatives and programs aimed at supporting start-ups, particularly tech entrepreneurs.
Dubai offers numerous and easily accessible financing options to start-ups and entrepreneurs. Numerous accelerators bring together start-ups and investors, and public-private partnerships to provide funding to start-up companies.
Conclusion
In conclusion, you can start a business in Dubai hassle-free if you follow all the norms and regulations set by the government. The UAE government supports entrepreneurship and business development becoming a commercial hub in the Middle East. Contact Aston Advisory Group for further assistance and information. We guarantee that you will be up and running with the best price on the market in a short time.
