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Destination innovation

Dubai has emerged as one of the world’s leading international business centres and regional hubs in favour with business and leisure travellers alike. In Dubai, businesses will find the facilities and state-of-the-art technology needed to boost their productivity and meet new clients. Here are ten reasons why your business should be eyeing Dubai…
1

Global Aviation Hub

Be at the heart of everything

Global Aviation Hub

Be at the heart of everything

In Dubai, you’re never far from home or any business deal. With two international airports – Dubai International and Al Maktoum International – accounting for over 32,000 monthly flights operated by over 90 airlines to 240 destinations, you’re never more than a day away from anywhere. Dubai’s two home-grown carriers Emirates Airline (www.emirates.com) and flydubai (www.flydubai.com) have award-winning frequent flyer programmes and promotional credit card offers with some leading UAE banks, meaning you can quickly accrue miles for free flights.
2

Vanguard of Innovation

Calling creatives

Vanguard of Innovation

Calling creatives

Dubai knows a thing or two about innovation. It’s associated with the world’s tallest building, man-made offshore islands and a seven-star hotel shaped like the sail of a ship. Now the emirate’s innovation pedigree has moved up a notch with a government authority mandated to promote Dubai as one of the world’s most attractive cities for creative businesses.

The Dubai Creative Clusters Authority or DCAA (www.dcca.gov.ae) regulates free zone clusters and develops policies and programmes to enable cluster development.

The creative industries – those that use intellectual capital as their primary input such as film, design, gaming and architecture – are viewed by Dubai as critical drivers of innovation, engines of knowledge-based economy growth and key contributors to quality of life.

DCAA is attracting, retaining and nurturing creative businesses in Dubai, enhancing their ease of doing business and removing impediments to their growth. It promotes entrepreneurship and innovation, provides financial support and a platform for research, intelligence and advocacy.
3

Ambition and Can Do Attitude

Help shape the future

Ambition and Can Do Attitude

Help shape the future

Doing business in Dubai means you’re helping to shape the future. Although the emirate’s ambitious infrastructure plans have consistently made headlines around the world, the pace isn’t slackening and Dubai has firm plans to shape its own future and influence that of others. The Dubai Plan 2021 has a stated aim of establishing the emirate as “a pivotal hub in the global economy” (www.dubaiplan2021.ae).

The pro-business government allows a range of options to set up and establish businesses and has specific programmes and assets to help start-ups to grow and existing companies to flourish. With a keen eye on neo-industries, green energy, design, AI and robotics, projects are in place to ensure Dubai is at the centre of the future for everything.
4

Smart City

Get hooked on happiness

Smart City

Get hooked on happiness

Dubai has a long history of pioneering technology transformation. Its Smart City approach (www.smartdubai.ae) continues its technology commitment, pairing it with an in-depth analysis of global best practices to transform Dubai into the happiest city on earth as well. The initiative links the public and private sectors together to embrace technology innovation, making Dubai the most efficient, seamless, safe and impactful experience for residents and visitors.
5

Next Gen Approach

Get investment support

Next Gen Approach

Get investment support

The 2017-2021 Dubai Plan (www.dubaiplan2021.ae) includes a Dubai Chamber US$27.2 million fund to be invested in next generation business through the Dubai ‘Smartpreneur’ Competition, Dubai Startup Hub, Mohammed Bin Rashid Al Maktoum Business Innovation Award and the Dubai Innovation Index.

Six initiatives make up the Dubai Plan. It will enhance its international network, promote Dubai as an attractive market for commercial and business ties; leverage its relationships and stakeholders to become the business community voice; develop the emirate’s entrepreneurial ecosystem and provide the best membership services through strong engagement and innovative solutions.

The Chamber hopes to facilitate the process through smart apps aimed at improving the efficiency and ease of doing business in the emirate.
6

Future Finance

Securing transactions

Future Finance

Securing transactions

The Dubai Future Foundation (www.dubaifuture.gov.ae) has established the Global Blockchain Council to explore applications and organise transactions through the Blockchain platform, which records all transactions of the digital currency Bitcoin.

The Foundation highlights blockchain’s future implications on the business and finance sectors and its role in facilitating various financial and non-financial transactions while increasing efficiency and reliability. Blockchain transactions can only go through if all members approve, which severely limits fraud and money laundering risks as the digital currency cannot be forged or damaged and can easily be moved across borders. It also facilitates shopping across social media and websites.

The council’s 46 members are all potential key Blockchain players who are shaping the market. They include government entities, international companies, leading UAE banks, free zones, and international Blockchain technology firms.
7

Dubai Takes AIM

Be centre stage

Dubai Takes AIM

Be centre stage

Set against the backdrop of the Annual Investment Meeting, AIM Startup is a platform where disruptive startups gather to present and pitch innovative products or services on a global stage. Selected startups from across the globe can showcase their companies to the meeting’s 15,000 global participants including government officials, private investors, venture capitalists and prominent business players seeking to explore new ventures and partnerships. (www.aimstartup.com)
8

Partnership Hub

Helping business grow

Partnership Hub

Helping business grow

Dubai Chamber of Commerce and Industry has formed a public/private partnership with IBM to foster innovation and entrepreneurship – dubbed DubaiStartupHub (www.dubaistartuphub.ae). The hub, an IBM cloud platform, is designed for budding businesses, entrepreneurs, venture capitalists and technology enthusiasts to meet, establish connections, network and create partnerships which foster innovation and stimulate local economic activity.
9

‘Smartpreneur’ City

Contribute to digital transformation

‘Smartpreneur’ City

Contribute to digital transformation

The Dubai Chamber of Commerce and Industry, in association with the Smart Dubai Office, together run an annual Dubai ‘Smartpreneur’ competition which challenges UAE-based entrepreneurs to contribute to digital transformation with technology innovations.

Applicants submit ideas linked to the development of a Smart City which are then submitted to jury assessment. Qualifying applicants attend a workshop on building relationships and developing a full business plan. Opportunities to join a year-long Tejar Dubai entrepreneurship programme, along with shares in a cash prize totalling AED150,000 await the top three winners. (www.dubaichamber.com)
10

Highlight on Health

Join the debate

Highlight on Health

Join the debate

Dubai Health Authority (www.dha.gov.ae) runs the annual Dubai Health Forum, which focuses on transforming the emirate into a preferred medical tourism destination. The forum explores the best investment opportunities, medical facilities and services in line with international standards.