9 Reasons to Expand in the UAE and Saudi Arabia

Picture - Local Insight UAE and Saudi Arabia
April 2024

If you are considering expanding your business internationally, the United Arab Emirates (UAE) and Saudi Arabia (KSA) offer plenty of business opportunities.

In this article, ALTIOS’ experts give you the top 9 reasons why you should consider establishing yourself in the United Arab Emirates and Saudi Arabia

A Highly Competitive Economy

The United Arab Emirates stands out for its favorable macroeconomic situation, developed infrastructure, and high-income levels. This competitive economy provides a conducive environment for the growth of businesses.

UAE, the Best Place in the World to Start a Business

According to the Global Entrepreneurship Monitor (GEM), the United Arab Emirates is ranked as the best place in the world to start a new business. This distinction stems from the government’s efforts to promote cutting-edge technology and diversify the economy.

Entrepreneurial Vision

The United Arab Emirates and Saudi Arabia have adopted ambitious visions for entrepreneurship in their respective development plans. Initiatives such as the Projects of the 50 in the UAE and Vision 2030 in Saudi Arabia encourage innovation and economic diversification.

A Gateway to Success

The UAE is a true hub to the Middle East, Africa, Central Asia, and the Indian subcontinent. The country is ranked 21st globally for ease of doing business and offers benefits such as streamlined access to building permits and property registration.

Tax Incentives and Financial Support

The governments of the United Arab Emirates and Saudi Arabia offer attractive tax incentives and financial support to international businesses. Programs such as investment grants, tax exemptions, and development funds encourage the establishment of foreign companies and facilitate their growth in the region.

Security and Stability

The United Arab Emirates and Saudi Arabia offer secure environments, with low crime rates and political stability, ensuring the safety of businesses and international residents.

Embracing Cultural Diversity

Dubai is a cosmopolitan city that welcomes expatriates from around the world. This cultural diversity fosters an open and tolerant environment, conducive to establishing fruitful international relationships.

High Quality of Life

The United Arab Emirates and Saudi Arabia offer a high quality of life, with modern infrastructure, quality healthcare services, internationally renowned education systems, and a range of leisure and entertainment options. The year-round sunny climate adds to the appeal of these destinations, offering a relaxed and enjoyable lifestyle.

Networking and Partnership Opportunities

Trade fairs and regular business events in the region provide companies from around the world with unique opportunities to meet potential business partners, establish contacts, and strengthen their presence in these dynamic markets.

Here are some upcoming business exhibitions in the region:

  • SEAMLESS MIDDLE EAST, United Arab Emirates – May 14-16, 2024: Seamless is an ideal meeting place for innovators in sectors such as payment, fintech, identity, banking, retail, e-commerce, home delivery, and digital marketing.
  • CABSAT, United Arab Emirates – May 21-23, 2024: International exhibition of cable, satellite, audiovisual, and telecommunications.
  • GITEX Technology Week in Dubai, United Arab Emirates – October 2024: One of the world’s largest technology fairs, providing a platform for innovative companies to showcase their products and services.
  • Big 5 Expo in Dubai, United Arab Emirates – November 2024: One of the largest construction fairs in the Middle East, providing a platform for construction industry companies to showcase their products and establish partnerships.
  • Arab Health in Dubai, United Arab Emirates – January 2025: A major event in the healthcare field in the Middle East, offering networking and business opportunities for healthcare professionals and companies in the medical sector.

These exhibitions offer a unique opportunity for companies to connect with potential business partners and discover business opportunities in the region.

ALTIOS Middle East is here to help you make the most of these events and realize your international ambitions.

Want to know more?

For any additional information or to discuss your expansion project in the region, please contact Altios Middle East at the following address:

Country Manager UAE

t: +971 58 190 00 75

Looking to move into new international markets?