Opportunities in the UAE

Made in Dubai, The World's most dynamic city

DUBAI: THE BUSINESS AND INNOVATION HUB OF THE WORLD

 

Dubai was the first to kick-start a regional tech movement and remains at the forefront of the tech & startup ecosystem across the fast-evolving Middle East, Africa & Asia.

 

#1 For Doing Business

The UAE ranked 1st in MENA for Ease of Doing Business in World Bank Group’s 2020 survey.¹

#5 Most Entrepreneurial Country

The UAE ranked first in MENA and fifth worldwide in CEO World’s list of the 100 most entrepreneurial countries for 2021.²

#1 For Innovation

Dubai’s ranked top in the Arab World in the 2020 Global Innovation Index.³

 

¹ Source: World Bank Group

²Source: CEO World’s list

³Source: 2020 Global Innovation Index

A HYPER-CONNECTED WEST-EAST MEETING POINT

Dubai’s geographical advantages outnumber many global cities – making it an epicentre of economic activity, and trillions of dollars of trade and investment flowing between Europe, Americas & Asia.

 

2.5 billion

people live within a four-hour flight from Dubai

Busiest Airport in the world

Dubai International Airport welcomed 29.1 million passengers in 2021 alone

9th busiest port globally

Jebel Ali Port is the biggest port in the Middle East and 9th busiest port globally

$7 billion government investment in infrastructure and transport in 2022

One of the world’s highest citywide infrastructure investments inviting international businesses to set up base in Dubai.

SERVE THE WORLD’S LARGEST ECONOMIES, FROM DUBAI

DUBAI’S TOP 5 TRADING PARTNERS

map

USA

Switzerland

Saudi Arabia

US$ 8.7 billion US$ 6.75 billion US$ 8.3 billion

India

China

US$ 18.27 billion US$ 23.6 billion
 

Value of trade deals between each country in H1 2021.

Source: Dubai Media Office

dollar

ATTRACTING FOREIGN DIRECT INVESTMENT

***

FDI surged 36% in 2021 to reach $4.3 billion

***

Technology sector received 56.8% of FDI

 

TOP INVESTING COUNTRIES

***

UK
France
USA
Saudi Arabia
India

 

Source: Dubai FDI Monitor

A SUPERCITY OF TOMORROW

US$12.8 TRILLION GDP

Dubai’s projected combined GDP by 2030.

HYPERLOOP ONE

World’s fastest transit system to move freight being developed

75 KEY INITIATIVES

Dubai Industrial Strategy 2030 seeks to firmly establish the city as a knowledge-based, sustainable and innovation-centric hub.

 

3D

The world’s first 3D printed building in DIFC in Dubai.

25% autonomous transport

Dubai Autonomous Transport Strategy aims to transition 25% f the city’s network to autonomous modes by 2030.

US$ 125 million Fintech investment

This is the expected annual investment growth by 2022 in the fintech sector alone.

WORLD’S #1 RANKED DESTINATION FOR ENTREPRENEURS

UAE ranked #1

0%

No

in Global Entrepreneurship Index 2022 – outperforming major global economies like the USA, UK, Japan, South Korea & many EU nations¹ federal corporate income tax & personal income tax foreign exchange control regulations
     

10 Year

100%

No

Golden Visa for entrepreneurs foreign ownership social security levies for foreign employees
     

A DYNAMIC MARKETPLACE, BUILT FOR THE FUTURE-MAKERS

A GLOBAL BENCHMARK MAKER

PAPERLESS GOVERNMENT

#1 IN ARAB WORLD

#1 IN THE ME & #4 GLOBALLY

The world’s first paperless government with 1800+

digital services³

in Global Innovation Index

to launch 5G network

and 6G project¹

 

UAE TECH MARKET SIZE & INVESTMENTS

$8.2 BILLION

UP TO US$1 BILLION

AED 353 BILLION

IT spending in UAE by 2023¹

investments in UAE Cloud
Data Centers by 2026¹

AI’s contribution to UAE’s

GDP by 2030²

 

¹ Source: International Trade Administration – UAE Country Commercial Guide
²Source: PwC
³Source: Gulf Business

START IN UAE, GROW GLOBALLY

With a well-developed startup ecosystem, UAE dominates as the trusted tech hub for startup growth, regionally and globally.

LEADING THE MENA REGION IN
FUNDING & INVESTMENT

22 OUT OF 50

60% STARTUP FUNDING

90 INVESTMENT FUNDS

of MENA’s topmost funded startups are in UAE1

In MENA gone to UAE Startups in 2021
with $1.8 billion raised¹

& 12 top-ranked business incubators in UAE

 

UAE STARTUPS HAVE DRAWN INTERNATIONAL ATTENTION

15% Investment from
USA
 

41 UAE SCALEUPS

20 UAE SCALEUPS

13% Investment from
JAPAN²
 

expanded beyond
the MENA region

acquired by
international corporates²

 

¹Source: Forbes Middle East: Top 50 Most Funded MENA Startups

²Source: Dubai Chamber UAE Venture Outlook 2022

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