Trade, Real Estate, and Construction: Key Sectors Driving Dubai’s Business Growth
It is not new that Dubai is a leading global business hub, attracting companies worldwide with its strategic location, strong infrastructure, and investor-friendly policies. Many international indices rankings confirm this Gulf nation as a hub of global investment
Recently Dubai Chamber of Commerce released an analysis that highlights Dubai’s strong appeal among global investors, which are of diverse nationalities and industries.
Top Nationalities Making Dubai a Global Business Hub
According to the released data by Dubai Media, Office Indian businesses continued to top the list. Though there are many other nations including the UK and Sudan on the list to start business in Dubai its gives a kick to Dubai to become a global business hub.
The first nine months of 2024 (Q1-Q3) in Dubai witnessed a large number of non-Emirati companies joining the Dubai Chamber. Check the list:
Rank | Country | Number of New Companies |
1 | India | 12,142 |
2 | Pakistan | 6,061 |
3 | Egypt | 3,611 |
4 | Syria | 2,062 |
5 | United Kingdom | 1,886 |
6 | Bangladesh | 1,669 |
7 | Iraq | 1,346 |
8 | China | 1,109 |
9 | Jordan | 1,069 |
10 | Sudan | 1,007 |
As India topped on the list with 12,142 new companies. It is showing the new stronger ties building between India and Dubai. The list also showcasing that middle eastern nations are also willing to grow stronger ties with Dubai, they are trusting UAE for growth. As Egypt and Syria are in the list.
Sectoral Breakdown of New Member Companies
With the list of top nations in Dubai, the media office also presented a breakdown about what are the focus industries in Dubai. Which areas are attracting businesses from various industries and what are the percentages of new companies starting in Dubai?
This distribution indicated that Dubai is continueing to attract investors as a global logistics hub. A best choice for Real Estate, Business Services and Construction. Transport and Communications are also the attraction.
Sector | Percentage of New Companies |
Trade and Services | 41.5% |
Real Estate, Renting, and Business Services | 33.3% |
Construction | 10.4% |
Transport, Storage, and Communications | 8.6% |
Social and Personal Services | 6.8% |
As the data numbers demonstrate Dubai’s appeal as a business destination remains stronger than ever. This city of dreams is an opportunity for global investors. From India, Egypt, or the UK, Dubai offers a platform to grow.