Startup environments are sprouting up all over the world, and the Arab world is one of the areas leading the drive. Hundreds of millions of people live in the Middle East, most of whom are going to work, school, raising families, shopping, and so on. It encourages us to examine the Middle East from an economic and corporate standpoint.

The Emirate is a good place to start a business, its dedication to sustainable development and economic diversification, progressive administration, and liberal corporate policies.

Here are six startup ideas to launch in the Middle East if you want to launch your business in one of the world’s top business ecosystems:

1. E-commerce: 

Although e-commerce is a rising industry worldwide, about 90% of online goods purchased in the Middle East are still transported from outside the region. This demonstrates that the Middle East and North Africa (MENA) region has considerably greater economic potential. 

The e-commerce market is currently worth $8.3 billion, but it has the potential to increase 3.5 times to $28.5 billion by 2022.

2. Health and fitness

Online coaching, group or one-on-one training, and the creation of tailored fitness and nutrition programs are all examples of health and fitness businesses. Some of them also produce precooked nutritious meals for fitness aficionados and sell them online, while others sell exercise equipment and supplements to professionals. 

The market has numerous chances; you can select the business strategy and concept that best meets your needs.

3. Food & Beverage

The Middle East is made up of 22 countries, each of which proudly displays its own cuisine. People eat, whether it’s street food in Egypt, fancy dining in the UAE or inventive food carts were strewn across the region.

4. Consulting

Consultancy is a multibillion-dollar industry. The global consultant market is estimated to be worth USD 250 billion. The industry is just as healthy in this region of the world. The management consulting market in the GCC is estimated to be worth USD 2.8 billion. Commitbiz, a Dubai-based business consultancy, assists entrepreneurs from all over the world in establishing bases in Dubai and the UAE. 

To embark into anything like this, however, it is necessary to have extensive business experience as well as local understanding. That’s where consultants are highly valued.

5. Cleaning Services

Cleaning companies in the UAE are in high demand, especially now that new businesses are springing up all over the place. Cleaning service companies earn 35 percent of their revenue from the corporate sector, which is expected to rise to 45 percent in the coming year! This method can be used for one-time residential cleaning as well as cleaning in hotels and restaurants. 

You can hire your own cleaners and start your own cleaning company, depending on your preferred model. This business is one of the crucial components for every growing business. 

6. Event Management

The economy of Dubai is expected to be boosted by USD 3.3 billion from events and exhibitions at the Dubai World Trade Centre. The event management market in the emirate is, obviously, booming. 

This is a potential alternative for establishing a powerful economic center; Dubai hosts numerous business fairs, workshops, and conferences on a regular basis. Many private events, such as weddings and baby showers, can be managed by an events management company.

Dubai’s transformation from an oil-dependent semi-arid desert to one of the world’s largest industrial and innovation hubs during the last 30 years is inspiring. Every week, a large number of investors and entrepreneurs go to Dubai to establish their enterprises.

Do you intend to open a business in Dubai? Or do you already have a business and are unsure what form of license would best suit your changing needs? Then YouFirst is the right location for you.

YouFirst is a Business Setup Company in the UAE that offers a variety of business setup services.

Our team of specialists handles everything from company creation to business counseling to legal procedures and obtaining UAE government approvals on business matters.