Taking Advantage Of New Dubai Small Business Opportunities For A Profitable Venture In The Uae

If it’s your first time to dish out money for a small-scale venture in the UAE then here are some new opportunities you might want to look into before you get started with planning.

Imports and Exports

Small-scale entrepreneurs might want to try opening a trading company in Dubai to target import and export duties for fun and profit. Current market shows that there is a big market in importing foreign products and exporting local goods to countries, like Japan, United States, and China.

For example, pearl imports have seen a growth to 30% for this year alone which is a good opportunity for entrepreneurs who have contacts in the pearl industry. Import of construction materials are also in great demand due to the continuous constructions projects currently planned out for Dubai’s improvement. Exports of local products are also a profitable venture as well, especially if you target popular local goods, like medicines and ceramic tiles. Import and export of food products also yields profitable figures as well.

Recreational and Entertainment Establishments

Many new Dubai small business opportunities are mainly centered on recreational and entertainment facilities believed to be scarce in the city. The increasing number of tourists in the city, as well as the demand from local society has made it a profitable investment in opening up nightclubs, recreational kiosks, even entertainment hubs to target the needs of native UAE and foreign tourists alike.

Real Estate Investment

Real estate investment in Dubai has taken a turn for the better. New construction projects on various residential facilities and luxury homes are underway to target the need of local and foreign visitors. Trying your hand out in real estate as one of the potential new Dubai small business opportunities gives you enough leverage with the investment — offering you a risk-free acquisition. You can buy a real estate property to cater to local needs, or investment in many real estate properties for monthly rental or resell later on when prices yields to your favor.

Health Care

There is a huge need of professional health care workers in the UAE, especially in Dubai. As the city grows, hospitals and private institutions are in need of skilled nurses and care givers to cater to the needs of the locals. Such is the case, opening up a recruitment agency in the city as one of the new Dubai small business opportunities might be your ticket to success and profit. Investors with contacts with interested workers in other countries will do well in this industry, especially those catering to Child Care since this is considered to be a trend in Dubai’s current recruitment trend.

Travel Agency

One of the most lucrative new Dubai small business opportunities is in the travel industry. Many in the known-world are seeing Dubai as a tourist attraction and having a travel agency to cater to this trend promises a lot of profit on your way. This type of business requires you to be affiliated or familiar with various accommodations in Dubai, as well as in the rest of the UAE; tour options, recreational and entertainment facilities and services to cater to vacationer’s needs.

Getting Started

If you’re thinking if opening up a small-scale business in Dubai then you might want to stay away from Free Trade Zones due to financial issues. Opening up a sole ownership enterprise in the city might be too much to handle so the only option left for the investment is to set up an enterprise with native UAE sponsor as your partner. This way, you get to earn the profits while they take care of handling and managing the operation of the business.

Keep in mind, however, that you need a sponsor who is knowledgeable in the type of business you want to put up in the city. You can only take advantage of new Dubai small business opportunities if your local sponsor can give you accurate market trends and figures to help you plan it out. If you’re new to this venture then it would be best to have a local business consultant firm lend you their expertise to help you set things up from scratch.

New Designs by Foster+Partners

Info & images: Foster+Partners

Foster + Partners reveal the designs of two of their latest projects – Comcast Innovation & Technology Centre and United Arab Emirates pavilion at the 2015 Milan Expo…

While the former is proposed as $1.2 billion, 59-story, 1,121-foot tower that will neighbor Comcast Corporation’s global headquarters in Center City Philadelphia, and become a dedicated home for the company’s growing workforce of technologists, engineers, and software architects, the later is a contemporary reinterpretation in the sustainable Masdar City masterplan in Abu Dhabi as a site-specific pavilion for the 2015 Milan Expo.

The glass and stainless steel tower of the Comcast Centre, expected to be the tallest building in the United States outside of New York and Chicago is a unique and sustainable model for mixed-use, high density development, which uniquely combines spaces for high tech research and development with recreation facilities and a significant public reception space – a window on Philadelphia.

While the -urban room’ embraces the city at the ground level; it links directly into the below-ground public transport system. Above this, the highly flexible loft-like spaces and studios are designed for a dynamic way of working – an engine for the city’s evolution as the kind of leading technology hub presently associated with Silicon Valley.

Chosen yet again to create the national pavilion for the UAE, Foster+Partners’ design of the proposed pavilion maximizes the opportunities presented by an elongated site – the dramatic canyon-like entrance defined by two undulating 12-metre-high walls will welcome people inside, and the channels between the high walls provide intuitive circulation, naturally leading visitors to the auditorium, exhibition and restaurant spaces

The walls continue throughout the 140 metre site in a series of parallel waves, unifying the visitor spaces within a dynamic formal language designed to evoke the ridges and texture of sand dunes. To convey a distinctive sense of place, the texture of the walls derives from a scan taken in the desert and construction will utilize materials to represent the different shades of sand across the Emirates. The GRC panels are supported by a steel frame, which can be easily demounted and reconstructed for the pavilion’s eventual relocation in the UAE.

The design is further enhanced by interactive displays, digital talks and augmented reality devices that help to bring the story of the Emirates to life; including a special exhibit celebrating Dubai as host city for the 2020 Expo.

The design targets LEED -Platinum’ through a combination of passive principles and active techniques, from rainwater capture on the roof garden to the integration of photovoltaic cells.

to view images click on globalhop.indiaartndesign.com

Uae Business Guide – The Legal Details In Starting A Business In The Uae

It only stands to reason that a UAE business guide should always start by education novice investors in the legal regulatory hurdles in setting up a profit-based enterprise in the region. Foreign investors that the investment opportunities offered by the different sectors in the UAE signified that businesses is easily set up in the locale which isn’t true. It is important that you know what type of businesses is available to investors and the various requirements associated with its incorporation.

Starting With Licenses

Every business in the UAE requires a license and there are 3 types of licenses offered in the region. This UAE business guide delves into each in detail.

1. Commercial License – this license can be classified as a general license for any types of commercial businesses in the city. In most cases, this is related mostly to business that deals with trading (e.g.: imports, exports, etc.)

2. Industrial License – an industrial license is issued to corporations that deals with manufacturing of goods or anything related to industrial enterprises.

3. Professional License – this license is released to individual businesses that offer a specific service, mostly related to crafts, profession, and the likes.

Business Ownership

Another important topic discussed in this UAE business guide is the ownership of an investor to a particular business. There are two that you should be aware of, namely Partnership Ownership and Sole Ownership.

Partnership Ownership is a type of business where your native UAE partner owns a majority of the shares in the business. In this case, your sponsor should own at least above 50% of the total shares while you get the rest or subdivided with other investors. There are 3 classifications of business under this category, namely:

*Limited Liability Company (LLC)

*Joint Venture

*Private or Public Shareholding Companies

The second type of ownership is the Sole Ownership where the investors get full ownership of the enterprise giving him or her full control over its operation and profit. If you check out a UAE business guide aside from this one, you will find out that Sole Ownership ventures are limited to Free Trade Zones where you don’t need an agent to set you up.

Company Registration Procedures

This section of the UAE business guide discusses the various procedures necessary for company or business incorporation in the region. Small-scale business, especially those operating outside Free Trade Zones require the aid of a native UAE sponsor or agent to register the enterprise — like processing necessary documents, applying for business visa, registering the business in related government agencies and bureaus, and so on.

In most cases, the procedure can be summed up with the steps below:

1. Submission Of Company Registration Application

Documents pertaining to the registration of the company are to be duly submitted to the Department of Economic Development (DED). This application
will be subjected to approval by a government representative so a business will be issued its license to operate its enterprise in the region.

2. Notarizing Documents

A native UAE lawyer is necessary to have your documents notarized in order for the entrepreneur to get a preliminary approval. In most cases, documents have to be notarized first before you submit it to the DED for approval.

3. Filing Business-Related Documents

Once you have passed the preliminary approval and have obtained the license to open up a business in the city, the next step is to file documents related to the business with the DED. This includes documents pertaining to company registration, financial statements, bank-accounts, registration of native UAE workers, compensation and benefits, rules and by-laws, and so on. There are also some documents that need to be filed with other government agencies as well, like the Ministry of Labor for one but these are mandatory.

Simplifying Business Registration with Experts

This UAE business guide can help give you an idea on what the various legal processes involved in setting up a business in the region. However, if you don’t have the means to take care of this task on your own then the best way to jumpstart your enterprise in the city is to look for a local UAE business consultant firm to help you process all the requirements to register your venture quick and easy.

Uae Construction Companies List Of Construction Companies

UAE is known for its and Burj Al Aab. UAE is also known for biggest oil supplier in the world. There are lots of oil based plants that are itself very huge structure also. UAE is also known for its entertainment spots like horse race, desert dance, skydiving also Ice hockey. There are lots of companies that make UAE to be proud on itself.

Al Moosa Contracting: It is giving its services to UAE since 26 years. This is one of civil engeering companies with lots of projects like Nad Al Sheeba Grand Stables, Etension of Dubai Municipality building, 100 Low Cost Houses at Fujeirah, 100 Low Cost Houses, Hamriya, Private Rest Houses, Construction of Mosque, Warehouse and Office at JAFZ, Jebel Ali. You may visit for more information as well as to know more projects also at http://www.almoosa-contracting.com .

Actco General Contracting Co: UAE region based with international shareholders company, giving its the best services to UAE since 1975. This company has projects into lots of disciplines like civil engineerings, power plants, oil and gas projects, infrastructure/ utilities and airport facilities. It has services into many sectors like steel structure, civil works, energy services, water services and electrical engineerings. It has 3300 employees, giving their best response to their project. You may visit website http://www.actco.ae.

Ahmed Bin Dasmal Contracting Company: Established on 1989, this company giving its good services with clients satisfaction and budget also. This is providing services into commercial, industrial, residents and institutional also. It has lots of projects like Old souk, Nadd Al-Shiba Market, Flame Monumentrich style life routine with beautiful worlds recorded name building Burj Dhubai, Al Ittihad and Oud Metha Parks and Al Ghusais Bus Station . In addition, Apartment Complexes, Mosques, villas, and Car Service Stations. For any query visit website http://www.adcont.co.ae

Arab Center for Engineering Studies: This is geotechnical and material testing engineering organization and established 1983. It has sister companies with number of 12 in cities as well as countries like Aqaba, Dubai, Abnu Dhabi, Al Ain, Doha, Amman, Gaza, Riyadh, Ramallah, Jeddah and Khartoum and Sanaa. They have lots of huge project like GASCO INTEGRATED GAS DEVELOPMENT, ADGAS OFFSHORE ASSOCIATED GASES, DYNASTY TOWER, COCONUT ISLAND and CAPITAL CENTRE.

Arabtec Construction L.L.C: This is establioshed in 1975 and giving its good services to UAE till now. It has state-of-the-art equipment as well as a multinational team of 50,000 employees. Its completed projects are Burj Dubai lake Hotel, Sky Gardens Tower, DIFC truck Tunnel and newly awarded the atrium, silverene twin towers and on going Burj Dubai, infinity tower and ocean heights.

Dubai Construction companies as well as other in Middle East construction companies have their valuable services and making UAE to be proudfull on itself. Now and in upcoming construction companies have their bright future in UAE property market.

Surging Demand For Luxury Goods In Uae Retail Market

The UAE remains a top spot for lavish retail trade as residents of Emirates envisions luxury items as part of their lifestyle. The posh shopping malls, designer shops, and high-end hotels are increasing in the UAE, particularly in Dubai and Abu Dhabi. With the rise of new malls and happening fashion brands set to hit Abu Dhabi, which is the capital is making a big splash into the luxury retail market. Additionally, the countrys city, Dubai, known for opulent hotels and man-made palm-shaped islands, has become the second most attractive city in the world for international retailers in 2012. In UAE, luxury market accounts for significant market share and it is expected that luxury market will continue to increase its market share in the coming years.

According to our new research report, UAE Retail Industry Forecast to 2015, the UAE retail industry has been witnessing strong growth in sales for the past few years and is expected to grow in the coming years as well. Surging public and private sector consumption along with the contribution of strong industry verticals (tourism, trade, banking, etc) are expected to help the retail industry to grow at a CAGR of more than 3% during 2012-2015. Our report covers both food and non-food retail sector analysis along with the future forecast.

Among the non-retail sector, Color Cosmetic Products Market has shown an impressive performance and is expected to grow at a CAGR of around 28% during 2010-2015. Our report also covers the hair care market and perfumes market in UAE. In addition, we have analyzed the footwear and clothing sales market in UAE with future market analysis.

Besides, rapid development of modern retail infrastructure is luring consumers for convenient shopping experience and transforming into high retail spending. Per capita gross leasable area (GLA) is also increasing in the country with construction of new malls and expansion of some of the existing malls. In addition, fast inflow of foreign retailers is fuelling growth in the shopping mall retail area development. We anticipate that, this trend will prevail in the coming years and gradually boost the retail sales growth.

Our report UAE Retail Industry Forecast to 2015, is an outcome of an extensive research and thorough analysis of retail industry in the UAE. It facilitates statistics and analysis of all prominent market segments to provide deep and informative understanding of the market. It also covers a brief business description of prominent players operating in the industry to provide a balanced treatment of the analysis. Besides, the future growth areas discussed in the report helps to analyze the emerging market segments. In this way, the report presents a complete and coherent analysis of the UAE Retail industry, which will prove decisive for the clients.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM458.htm

Some of our Related Reports are:

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– Middle East Retail Sector Forecast to 2013 (http://www.rncos.com/Report/IM196.htm)
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– UAE Retail Industry Analysis (http://www.rncos.com/Report/IM330.htm)

Check Related REPORTS on: http://www.rncos.com/Retail%20industry.htm

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