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Catch a wave of growing industries in the UAE

PUBLICATIONS / Newsletters / 2016 / Newsletter April
Catch a wave of growing industries in the UAE

A good entrepreneur knows that opportunities come to pass, not to pause. Having an idea how to grow your business is good but what makes it foster are growing industries in the country where you may choose to start or expand your business. But what are these growing industries in the UAE? What are the opportunities? The top growing industries include health care, education, and information technology.

Medical tourism
389bedae8a876ae0d53129427bcf6a33Dubai is emerging as a leading medical tourism destination, competing with eg. Thailand, Malaysia, and India. Healthcare City is a freezone in Dubai focusing on attracting health care related businesses. It expects the number of medical tourists to reach 170 000 this year and revenues of the businesses within its freezone to increase to more than 700 million US dollars by 2020. To make it easier for tourists to book appointments  on 10th of April Dubai Healthcare City launched a medical tourism portal. Through this portal tourists from all over the world can book various  medical services including medical packages, surgery, medical tests, wellness programmes, as well as travel and visa services.

Information technology

With regards to information technology, there are a lot of opportunities for starting a business in Dubai, as new businesses and consumers require leading software and apps. The UAE government is eager to encourage entrepreneurship in these areas as it strives to become one of the most technologically savvy countries. A good start is that it already has the highest smart-Information-Technologyphone usage in the world. Dubai Internet City has been a popular freezone for information technology related businesses to operate from; including both small and large companies such as Microsoft, Dell, and HP. Dubai Internet City is well connected; with its own metro station on Sheikh Zayed Road. The fastest growing freezone in the UAE, Dubai Multi Commodities City (DMCC), has been very successful recently in attracting tech start-ups as well. For instance a bitcoin startup just started operating out of DMCC.

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