Growth of Entrepreneurship in UAE

The new trends in entrepreneurship and the market status show a lot of scope for all the aspiring entrepreneurs to set or launch their business in gulf. There has been remarkable growth observed in the field of construction, infrastructure as compared to oil and gas sector. The government of the Middle East are undertaking and planning various strategies which involve boosting the financial status of the countries in the GCC. It therefore also indicates that the government is adding more interest to attract the upcoming entrepreneurs towards other sectors instead of just oil and gas industry. In the upcoming Dubai World Expo, which is to be held in 2020, the major aspect of the expo is to showcase the growth and future in various other industries like tourism, construction, infrastructure to attract more foreign investors to invest and provide a wider vision of the Middle Eastern countries. Other than this, GCC has also seen great growth in the list of Indian entrepreneurs who have shown great interest in starting up their business here and are currently among the richest businessmen in the gulf. 

Other major attractions for the entrepreneurs also include various schemes in which they can invest Khalifa Enterprise, to learn more about training and entrepreneurial programs for the budding entrepreneurs and small sector businessmen. Also, there are other business development sectors in countries like Dubai, which provide great learning’s for the native entrepreneurs on how to develop their small business or projects. Many researchers have also quoted that there has also scope of growth seen and observed in offbeat industries like trade, fashion, technology and more among the Middle East entrepreneurs. 

Amongst all this technology has been the favorite sector of many investors in the GCC.  Entrepreneurs are now being more responsible and considerate to use social media as one of the major promotional platforms.  In the upcoming years, there are wide opportunities waiting for people who want to invest in the tech business in the Middle East. Other than these new sectors, construction and infrastructure has always been the favorite markets for the entrepreneurs. Some of the leading and successful businessmen like Dr P MohamedAli have contributed a lot in the field of construction and infrastructure in Oman. His leading construction company Galfar Engineering has delivered some of the famous construction projects and this has seen great growth in the financial sector but also in the employment opportunities too. Due to all these developments Middle Eastern countries have seen great developments, which has been achieved with great contributions and help of entrepreneurs like Dr P Mohamed Ali.