Top 7 Business Opportunities in Abu Dhabi

1. TOP 7 BUSINESS OPPORTUNITIES IN ABU DHABI

2. Top 7 Business Opportunities in Abu Dhabi Abu Dhabi is the United Arab Emirates fastest emerging commercial showing the most promise currently. As the capital of the UAE, it is the nexus for broad impact changes in the nation’s Additionally, the government is also increasing its efforts in creating opportunities in Abu Dhabi to ensure greater inflow of wealth. Government officials have already outlined long- term missions and objectives intention of supporting entrepreneurs in starting their operations in the UAE. The Abu Dhabi Economic Vision 2030 is a 22- year strategy to transform the Emirate’s economy. This will be done by reducing dependency on oil (Abu Dhabi holds 10% of the world’s oil reserves) and moving towards industries as an economic source. The end goal is to create a sustainable business environment to boost the economy on a long-term basis while incorporating an innovative, global industrial strategy. hub and the emirate economic policy. profitable business with the sole and businesses more knowledge-based

3. Abu Dhabi Economic Vision 2030: Strategy The Abu Dhabi Economic Vision 2030 is an economic roadmap for the Emirate’s commercial progress. Abu Dhabi’s public sectors and join public-private sector entities have come together in an effort to visualise this strategy. Therefore, the immediate priorities of the Abu Dhabi government are to: Build an open, efficient, effective, and globally integrated business environment Integrating a fiscal policy that adapts to changing economic cycles Creating a resilient monetary and financial market environment with manageable levels of inflation Improving the efficiency of the labour market Infrastructure development that is sustainable and resilient and can support economic growth projections Encouraging a skilled and highly productive work force Enabling financial markets to become the key financiers of economic sectors and projects Abu Dhabi’s GDP in the first three quarters of 2022 show a growth of 10.50% which is the highest in the Middle East and North Africa (MENA) region. Since its increase in economic standing, more and more businesses are flourishing in the emirate. Here are some of the most profitable business ideas in Abu Dhabi to get you started.

4. Top Business Opportunities in Abu Dhabi Abu Dhabi is home to some of the most talented minds globally with innovative business ideas. Also, infrastructure makes it conducive to entrepreneurs to bring their business ideas to life in Abu Dhabi. the luxurious and world-class 1. E-commerce Business 2. Hospitality and Tourism 3. Restaurants, Cafes & Catering 4. Logistics and trade 5. Real Estate 6. Tech Services 7. Cleaning Services

5. As an industry, the presence of e- commerce can be felt across multiple sectors, ranging from food, electronics, fashion, and more. With lives becoming increasingly dependent on the internet, e-commerce apps are most peoples’ choice for buying stuff. Abu Dhabi itself is home to over 1.5 million tech-savvy consumers. Therefore, it does not come as a surprise that the UAE’s e-commerce market is positioned to achieve 9.2 billion $ by 2026. As a business idea in Abu Dhabi, it is gaining much popularity and momentum. The expansion of industry can also be attributed to the fact that it is an easy market for potential contenders to enter. It is one of those rare sectors which benefits businesses, has government support and a rapidly increasing consumer base. 1. E-commerce Business the e-commerce all types of

6. 2. Hospitality and Tourism Given the massive popularity of Dubai as a premium tourist destination, Abu Dhabi officials are also tapping into the same. The Abu Dhabi Vision 2030 aims to make the emirate a global tourism project which can attract millions of visitors across the globe. As per DCT statistics, Abu Dhabi saw an influx of 18 million visitors in 2022 which is a rise of 13% from 2021. Additionally, hotel occupancy rates reached 70% which is higher than the Middle East average of 67%. The provision of hospitality services is clearly a business opportunity worth venturing into. As a result, there are numerous services that investors can create a potential business from. and tourism

7. 3. Restaurants, Cafes & Catering Abu population with a strong purchasing capacity. Therefore, eating out and exploring new food joints is all the rage right now. The diversity of the nation ensures that there is space for multiple cuisines experiences. Also, with the limitations surrounding the Covid-19 pandemic now receding, it is possible to hold large gatherings and events. Thus this makes investing in a catering business a smart move. Dhabi has a capital rich and dining

8. Abu Dhabi is home to several important seaports such as Khalifa Port and Zayed Port which are critical in increasing global trade connectivity. UAE’s expansion is also heavily dependent on a stringent import/export trade. Its strategic positioning and access to Europe, MENA and Central Asia regions makes Abu Dhabi a hub for trade and logistics. 4. Logistics and trade

9. Transactions in the real estate sector in Abu Dhabi in the first quarter of 2023 were worth AED 27.9 billion (USD across 5,472 deals. Additionally, real estate businesses can work within traditional buying and selling properties or providing brokerage services. Or they can also explore specialty services such as home staging property management, design, holiday rentals etc. 5. Real Estate 7.59 billion) methods of interior

10. 6. Tech Services Abu Dhabi, in alignment with UAE’s vision to become a tech forward nation, is moving to become a full-fledged smart city. The integration of innovative technologies such as the Metaverse, AI, blockchain are soon to permeate to all walks of life such as government agencies, healthcare services, transport and infrastructure, etc. Free zones such as the Abu Dhabi Global Market and the Twofour54 free zone are home to some of the most forward-thinking tech businesses in the fields of AI, media, entertainment, IT and digital services. These regions are home to numerous start-ups and help them raise funds and grow their base of operations.

11. 7. Cleaning Services The affluence present in Abu Dhabi leans towards exceptional levels maintenance. The city, skyscrapers and swanky villas are a testimonial to luxury and gives way to new business ideas in Abu Dhabi. Therefore, they need continuous cleaning to maintain their functionality. Cleaning companies in UAE can start with both minimal initial investment, skilled labour and sufficient equipment. Cleaning services can be targeted to both residential and Additionally, there is a huge scope for specialised cleaning services such as vehicle cleaning and maintenance, ducts, hosiery cleaning, etc. With more and more people venturing out into the workspace, there is a need for maids and housekeepers. Opening an agency to provide this service is an excellent small business idea in Abu Dhabi. of cleanliness with its and gleaming commercial cleaning.

12. Contribution of non-oil sectors to Abu Dhabi’s GDP In case you are wondering about the economic benefits of starting your business in Abu Dhabi, here are last year’s statistics for certain non-oil sectors and their impact on the emirate’s GDP. These reports, prepared by the Statistics Centre – Abu Dhabi (SCAD), are a clear indication that the nation is moving away from its fiscal dependency on its oil reserves. Total contribution of non-oil sectors to GDP – 50.3%, with an increase of AED 39 billion (compared to same period in 2021) Q3 2022 total – AED 417.3 billion Sector-wise differentiation (All growth is presented in percentage) Real Estate – 20.3% Accommodation & Food Services – 20.2% Wholesale & Retail Trade – 17.4% Transportation & Storage – 11.4% Manufacturing – 8.1% Finance – 6.9%

13. The United Arab Emirates is among the best places in the world to settle and start your life from. All its emirates, especially its capital Abu Dhabi are experiencing rapid economic growth thus boosting the development of various industries. The presence of investor-friendly government initiatives, liberal tax incentives, and access to a global infrastructure ensures that necessary resources they need to thrive. Shuraa Business Setup is UAE’s leading company formation expert that has been helping talent across the world establish their presence in the UAE. Since the past 22 years, we have satisfied over 50,000 clients with their various corporate needs. From business registration and licensing, visa and PRO services, recruitment, medicals and Emirates ID, there is nothing we can’t do to ease your way into the UAE. We also offer affordable business setup packages starting from just AED 19,999*. Turn your small business opportunity in Abu Dhabi to a grand dream entrepreneurs have the

14. CONTACT US : +971 44081900, +971 507775554 THANK YOU We look forward to working with you info@shuraa.com www.shuraa.com Sheikh Zayed Road, Office 501, 5th floor, Aspin Commercial Tower, Dubai, UAE