Expo 2020 Dubai Business Setup Opportunity
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One of the world’s fastest-growing cities, Dubai is on the way to hosting the World’s largest gathering in Dubai Expo 2020. More than one hundred and ninety countries are taking participating, which is expected to give birth to multiple business partnerships cross-countries. The commencement of the Expo has opened up various opportunities for different business industries to be set up.Â
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Business investors have got multiple options to come forward and start a business in the UAE. However, it might be confusing regarding which business to begin with. If you are an entrepreneur or business owner who holds a dream of setting up a business in Dubai but is confused regarding the business domain, then this guide is for you, which states the top ten businesses you can think about.
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Benefits of Dubai Expo 2020 for Business
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Thousands of businesses are well set to profit greatly from this world event. The largest companies in the world, as well as big-time investors, will all be present at the Expo 2020 Dubai.
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This will help businesses attract new investors and secure both local and international clients. The Expo 2020 will also be especially beneficial for start-ups and SMEs, as it will help them enjoy maximum global exposure and place them firmly on the radar. The Expo will feature various world-class business events, such as global investment forums, investor pitching conferences, and much more.
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The spectacular size of this Expo, and the fact that it’s the first World Expo in the MENA region, means it promises to shine plenty of positive exposure on the region and its businesses, no matter which industry they are from. The major beneficiaries of this will be the tourism, retail, entertainment, real estate, construction, IT, healthcare, and hospitality industries, and more.
Top 10 Most Popular Business Activity
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1. Tours and Travel
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Tours and Travel Agency is a good business to start. Millions of people are traveling through Dubai to other destinations and that is why a travel agency is one of the most recommended businesses to start in UAE.Â
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2. Restaurants
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To start the restaurant business you should prepare your business plan including the target population you want to cater to, it is a very popular business to start with as it helps you to interact with several people at a time. You can make more & more money while catering to foreigners. you can start your restaurant with your specialize in serving Indian/Arabic OR Chinese Restaurants, as this is likely to see that this national population is more in UAE. Â
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Real Estate is one of the biggest business opportunities in the country. Every real Estate Firm often race for projects in several segments like housing, industrial and commercial, vocational homes units, etc.
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4. Food and Beverages
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The Food and Beverage Market has seen tremendous growth over the past few years and is also expected to grow to a great extent. If we consider at a global level, the United Arab Emirates is one of the top largest markets in terms of consumer spending on eating habits. The Average Annual Growth from the period of 2017 to 2026 is estimated at 7.3%.
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5. Sports Academy
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If you are looking to open a Sports Academy such as Rugby Academy, Football club, Tennis Club, water sports academy and indoor games club, etc. Even the traditional sports like camel racing, horse racing, and Falconry has made Dubai and UAE one of the world’s foremost sporting cities, each year the footfall is increasing as the sports events are held on a grand level and Title.
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6. General Trading
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Dubai is one of the world’s most popular destinations for traders around the world. People’s major source of income is through trading. You can actually export or import any marketable products such as dried fruits, textiles, fashion materials and accessories, plastic goods, and vehicles.
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Proper Delivery services have a good scope in the market of Dubai, UAE. They are the very important medium between consumer and producer and in other words, they are a business lifeline. The businesses that want to reach customers directly with their products, they will always want to keep their customer satisfied just on a click.
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8. Pharmacy
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If you are a healthcare professional looking to start a private business, the UAE is a very good place to establish it. Like in other developed countries, the people of UAE are health conscious, and they show great concern for their health. This trend has led to an increase in the demand for professional healthcare service providers and facilities.
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9. IT Consultancy
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Information technology is important to the business sector as a management tool to optimize the processing of information to produce goods and services for profit. No matter the size of your enterprise, technology has both tangible and intangible benefits that will help you make money and produce the results your customers demand.Â
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10. E-commerce
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E-commerce refers to the process of buying or selling products or services over the Internet. Online shopping is becoming increasingly popular because of the speed and ease of use for customers.
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