Top 7 Business Opportunities In Dubai During Expo 2020 Not to be Missed
That wicked C-virus somehow managed to steal 2020 away from you but not “Expo 2020”. It waited and there you go! It’s your time to “time travel” and collect the golden opportunities for your first or next business! The world’s greatest show is on and so are we. There are endless reasons to visit the most-awaited grand show and one of them is – business opportunities or let’s say hot business ideas. Expo 2020 is calling y’all whether you are interested in setting up a business in UAE from scratch or simply expanding your existing business. A monumental transformation is expected after Expo 2020.
Expo2020 & Business Opportunities
Setting up a business overseas is a sliding door moment. Allow the global mega-event to slide this door for you. These six grand months (1 October 2021 to 31 March 2022) are sure to change your life forever and a day whether you are planning to open a salon in Dubai or start a taxi company. Expo2020 is a treasure chest of business opportunities and ideas. Let’s have your keen eyes on what we have in its store for you.
1. Tourism & Hospitality
Expo 2020 no doubt is the world’s largest business congregation bringing together thousands of professionals, consultants, marketers, investors, manufacturers, traders, and industry experts. No wonder Dubai is flooded these days with tourists and opportunist visitors which can quickly ring in your mind an influential business idea in the tourism and hospitality sector. Driving Dubai’s and the rest of the UAE’s economy remarkably for years, the tourism and hospitality industries could be your best bet. The exponential rise in Dubai hotel occupancy rates is a dead giveaway why you can’t go wrong with investing your capital in one of the most thriving business domains in the UAE. Unlike other businesses to commence your business in the tourism and hospitality sector, you need to obtain a license from the Dubai Tourism Authority and that’s what we are here for.
2. Food & Beverage
Dubai is the best place to open your own food joint at any time but there could be no better time than this when the city is bulging at the seams with tourists. Thanks to Expo2020 and IPL2021! With the increased number of visitors, the demand for food has also bumped up at the speed of light. Pretty obvious! How can food and beverage consumption not rise if the travel and hospitality industries are growing?! What better time to start a catering business in Dubai, UAE and feed such a massive gathering. The world is your oyster if you are looking to start a tiny food truck or large eatery, a huge restaurant or a small hotel, a breathtaking cafeteria or a scrumptious home delivery service.
3. Real Estate
“Dubai recorded 6,388 sales in the property market in June – the highest number since December 2013”, reveals Arabian Business. Dubai properties have a global demand anyway but this is the year of grand events. Since the moment the Expo2020 news is out property prices are touching skies with over a 12% surge so far. So, if you are wondering to set up a real estate business you are going to strike gold this year. The host emirate is required to provide shelter to its thousands of guests from around the globe and is all yours to invest in the real estate project. A whopping number of commercial and residential properties are waiting to be launched, which will lay down the foundation of new businesses. Additionally, the real estate transactions are projected to continuously scale up over the next 6 to 12 months. Plus, District 2020, (#thecityofthefuture), is sure to emerge out of Expo 2020, as a part of the mega-event’s legacy to provide a sustainable way of living (and more!) utilizing the smart infrastructure. Therefore, this is your chance to set your feet in the real estate business in Dubai
No entertainment no tourism! They say, “The entertainment industry is vast and is a reflection of the society we live in.” While Expo2020 has opened its doors to potentially hundreds of new businesses, how can the recreation and entertainment industry stay behind? Showcasing world-class performances, sporting displays and much more, Expo2020 has become the stage for hundreds of global performers entertaining millions of audiences with their talent across music, dance, comedy and opera. With an increasing number of visitors, the demand to entertain them has stepped up as well which eventually makes starting an entertainment business a viable option.
Besides breathtaking beaches, bewitching architecture, and beguiling shopping malls, it’s the leisure and fun activities that drag tourists from everywhere towards Dubai. More tourists simply mean more opportunities in the entertainment industry. So, gear up to try your luck in the entertainment business if you have always been dreaming of owning a spa or an event management company.
5. Small & Medium-Sized Establishments
Home to 95% SME establishments, Dubai is known to be one of the prime business hubs in the world. Therefore, the sky is the limit for investors who are eager to spread their wings in Dubai with SMEs. Small and medium enterprises get special attention from the UAE Government as not only do they play a pivotal role in economic diversification and growth but also assist in producing national human resources. Expo 2020 has unlocked doors to numerous opportunities for small and medium-sized enterprises. So, make a big impact on the economy with your small startup, we are by your side at every step of the way to your thrilling business journey to make it no sweat.
6. Laundry, Cleaning & Hygiene
We can’t deny the fact that pandemic has ridiculously given rise to the cleaning, sanitizing and hygiene industry. From hotels, public places, exhibition venues, commercial complexes, and shopping malls to residential and commercial projects, the need is already high and is here to stay. So do not dishearten if you couldn’t start your cleaning company last year, 2021 could be the second bite of the cherry. The massive gathering of people from worldwide under one roof is sure to alter dramatically the Laundry, Cleaning and Washing industry as well. Business investors and entrepreneurs who are envisioning to establish a cleaning company in Dubai or to start a cleaning products manufacturing unit in any of the Emirates head to one of the best business advisors and consultants in Dubai, UAE. A caveat: you will need to attain a cleaning license to begin and run your business in this sector legally.
As we see, the need for consulting is in full swing; setting up a consulting firm in Dubai at this point is a great idea. Like you, there are thousands of other investors and entrepreneurs who are thinking along the same lines and all set to set up their new businesses or scale up the existing ones. And business inception takes a village, you know! Since the number of business enterprises is expected to amplify post #Expo2020Dubai, the demand for consultancies will only rise to meet the need. This is the right time to bring your vision of establishing a business consultancy in the United Arab Emirates to life. Expo 2020 has brought to you a one-off chance to earn huge profits while contributing to the country’s economy by providing employment to various types of consultants including business setup and company formation consultants, financial, legal, marketing, advertising and office space consultants.
If you think starting a business in Dubai, UAE is a hard nut to crack. You have not got to meet Adam Global! Our team of smart business advisors makes sure your brand new entrepreneurial journey is an easy breeze with no bumps in the road. Expo 2020 Dubai has heaved into sight as a boon for many. It could be you as well. Don’t let this now-or-never opportunity go of your hands. Click here to fix an appointment with one of the best business setup consultants in the UAE.