DUBAI: THE CITY OF ENTREPRENEURSHIP GROWTH
With several opportunities, packages, business-friendly regulations, Dubai is becoming the global dream hub attracting creative talents to the region giving the chance of entrepreneurship culture to grow. The city offers you the perfect culture and environment to boost your entrepreneurship skills in the country.
From free zones to the mainland, from 100% ownership to extended visas – Dubai has it all. The city has developed one of the finest digital infrastructures and is becoming the land of various opportunities for SMEs to emerge into the market. Dubai is a city that welcomes all ideas, innovations, and much more.
It is a home to the largest financing dreams being the leading financial hub in the MENA region and also home to a great number of investors and capitalists. Dubai offers great financial benefits completing its promise to businesses.
Dubai is now nurturing entrepreneurship among youngsters, making them study the concept ahead of time. The city also offers various exhibitions, community events, and conferences that aid the business to engage and attract investors. Dubai has also been developing communities such as Internet City, Dubai Technology Entrepreneur Campus – Dtec, and many more offering freelancers to also grow in the region.
Dubai’s entrepreneurship culture is not limited to any, it also offers women entrepreneurs to grow, give special assistance and support in the region. Its forward-thinking governance is not only promoting the nation’s digitalization through the use of cutting-edge technological tools like blockchain, virtual reality, and artificial intelligence, but also is continuing to invest in making it feasible for its people, their families, and tourists.
UAE and Entrepreneurship
The UAE has an international entrepreneurship ecosystem that promotes and governs the sector, as well as an interconnected framework for incubating and accelerating entrepreneurial initiatives. The relevant government agencies are working on ideas and programs that will act as key driving forces and important supporters to the UAE’s GDP growth. Numerous definite initiatives and decisions are
taken at the federal government have significantly improved the innovation hub in the UAE, including allowing greater international ownership of the company in all operations, offering golden visas for entrepreneurs, and plenty of other encouraging benefits and rewards.
The United Arab Emirates came in fourth place in the Global Entrepreneurship Index 2020, reflecting the country’s increased efforts over the last few years to develop the entrepreneurial ecosystem and increase its global competitiveness. The Ministry of Economy is presently concentrating its efforts on improving the UAE’s corporate climate in order to suit the demands of SMEs, who are vital drivers of the country’s economy.