What Dubai’s new business-matching service offers companies
There is no doubting Dubai as a pro-business environment.
The emirate consistently ranks among the top 20 globally for its business-friendly environment and in 2022 was crowned the world’s best country for entrepreneurs.
Coupled with Dubai’s strategic location and tax advantages, this achievement is largely thanks to the continued rollout by Dubai authorities of policies, programmes and initiatives that support and grow businesses, startups and entrepreneurs.
And the latest initiative, the Business in Dubai platform, is set to catapult the city to greater pro-business heights, elevating further its reputation as a preferred business destination for digital companies.
Simply put, the platform – launched by the Dubai Chamber of Digital Economy – simplifies a range of processes for companies looking to launch or expand their activities in the emirate.
This new initiative comes amid plans to attract 300 digital startups to Dubai by 2024, as the UAE looks to reach its ambition of doubling the contribution of the digital economy to national GDP by 2032.
This follows previous initiatives which have succeeded in in attracting 69 digital startups to the emirate during the first half of 2023.
“We consider this to be a unique initiative that brings together multiple partners in Dubai to enhance the emirate’s competitiveness and reputation as a preferred business destination for digital companies of all kinds,” says His Excellency Ahmad Bin Byat, Vice chairman of Dubai Chamber of Digital Commerce.
What the platform offers businesses in Dubai
Aimed both at businesses looking to launch in the emirate and existing digital companies looking to expand their activities, the new platform not only enables businesses to secure in-country clients and funding but connects them with the appropriate organisations to ensure effective execution.
The first pillar, a service that matches businesses, is open to local and international companies wishing to expand in Dubai, and assists companies with identifying partners, investors, and customers that align their business objectives and coordinates meetings between them to advance their mutual interests.
The second platform pillar – a comprehensive range of corporate services delivered in partnership with leading companies and institutions – provide companies with everything they need to establish a presence in Dubai or expand activities.
Businesses can take advantage of exclusive discounts and offers in areas including banking solutions, co-working spaces, licensing and cloud services, recruitment and communications services, as well as business incubators and accelerators.
Among partners to date, Dubai World Trade Centre, du, Mashreq, Dubai Islamic Bank, the Commerical Bank of Dubai, Letswork, and in5.
How Dubai is working towards digital business goals
This initiative is just one of many being rolled out as part of the Dubai Economic Agenda D33, a strategy incorporating more than 100 transformational projects designed to double the size of Dubai’s economy over the next decade and to consolidate its position among the top three global cities.
Supporting this vision, Dubai Chamber of Digital Economy – which has is own strategy for 2022-2024 – has unveiled various initiatives to stimulate the growth of the digital economy and succeeded in attracting 69 digital startups to the emirate during the first half of 2023.
The chamber is now gearing up to host Expand North Star, the world’s largest global startup event. One of GITEX GLOBAL’s ten co-located shows, the startup event will help in accelerating the entrepreneurial momentum of cross-border startups by connecting government partners, investors, and accelerators with innovators and tech pioneers from across the world.
