Entrepreneurs Set to Realise their Dreams

‘Business in Dubai’ to provide business pioneers, global executives, and SMB start-ups with essential contacts and information

Dubai, UAE - 13 August 2008 – The world’s expanding business community and enterprising entrepreneurs will be the focus of attention this November with the launch of the first conference and exhibition dedicated to assisting businesses, consultants, entrepreneurs and professionals on how to set up an organisation or business in the emirate of Dubai. Named Business in Dubai, the event will reach out to those looking for know-how on the A to Z of establishing a company in the fastest growing region in the world today.

With the SMB segment comprising some 70 to 80 percent of all companies in the Middle East according to research by the Madar Research Group, this essential segment of the economy is set to grow rapidly as the region’s markets mature and new industries such as the service sector emerge. As foreign direct investment in the region grows – Saudi Arabia alone attracted $18.3 billion in 2006, up 51 from 2005, according to consultants AT Kearney – more and more multinationals are set to move their Middle East operations into the region and statistics show that more than 300 companies register in Dubai each week.

Business in Dubai has realized the opportunity and is providing a platform for businesses, consultants, entrepreneurs and professionals to share ideas, explore issues and learn the ins and outs of establishing operations in Dubai. Business in Dubai is set to provide counsel and advice on what to do, and what not to do, to capitalise on the business opportunities that exist in the emirate today.

“Thanks to oil prices, excess liquidity, and other economic factors, the Gulf is booming, but how can you make the most of this market,” said Sheila Bibi, Event Director for Business in Dubai. “We developed this concept to walk people through the ins and outs of building their own business locally, to make sure they avoid others’ mistakes and make their dreams become reality.”

With an exhibition space featuring over 50 companies demonstrating the latest solutions and equipment for start-ups and multi-national companies, two separate ‘expert track’ conferences covering a wide range of start-up related issues, a networking consultants breakfast hosted by leading entrepreneurs, luncheon round-tables replete with financiers and venture capitalists, training seminars, consultancy opportunities and a outsourcing zone area, Business in Dubai offers everything any one may need to set up their first business in Dubai.

“We want to help others in making this process as smooth as possible, as well as provide a boost to the economy. Dubai is known for being a business-friendly environment, but all the procedures involved can at first seem daunting, especially for people from other cultures. We want to take that uncertainty away from both individuals and groups looking to set up in this part of the world and give guidance as how to best do things. After all, who does not want to do business in Dubai today?” concluded Bibi.

Added On: 26th August 2008

 

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