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  • Rahma Khaled

The most important booming industries in the UAE to invest in 2022

The United Arab Emirates is constantly working to take advantage of its potential to expand the scope of business, and thus increase the opportunities and profitability of investment projects in it. The wise leadership of the UAE government also helped transform the concept of establishing businesses there, which encouraged many investors to head to the UAE to establish their businesses. Various sectors and dedicated areas have been developed across the Emirates, in order to become suitable for the establishment of companies and various investment businesses. In this article, we will show you a number of the fastest growing business sectors in the UAE for 2022.

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What are the most growing industries in the UAE?

Although petroleum is an important source of revenue in the UAE, the country is trying all its best to diversify its economy.

And all so that it can support its own economy, as well as attract foreign direct investment, and it's done wonderfully well.

The UAE ranked 27 globally in 2018 in the field of foreign direct investment, and there are a number of industries that have a prosperous future in the UAE.

Which you can invest in and start your own business there, and here are the fastest growing business sectors in the UAE for 2022:

1. Building and Infrastructure

The United Arab Emirates has made significant investments in improving its infrastructure, as it seeks to have the best infrastructure in the entire Middle East.

If you are familiar with the construction industry and want to start a business in this field, then the United Arab Emirates is the right place for you.

2. E-commerce solutions

Dubai alone has become one of the most important contributors to e-commerce in the Middle East, surpassing Abu Dhabi, which has a much larger population of Dubai.

So you can run a successful e-commerce business in the UAE with minimal investment and accurate industry knowledge.

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3. Tourism and travel

Tourism contributes greatly to the economy of the United Arab Emirates, especially as it carries out many events and activities that greatly stimulate tourism.

The UAE travel and tourism facilities are also highly developed, so it is one of the lucrative industries that you can work in there.

4. Real Estate

According to statistics, the real estate industry contributes about 7% of the UAE's GDP, while the construction industry contributes 6.3%.

The real estate sector in the UAE is also one of the active sectors, so it is one of the best industries that you can invest in.

Moreover, the growing interest in foreign investment and tourist attractions opens up more opportunities in this field.

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5. Health

The United Arab Emirates offers a huge range of opportunities in this field of health and hospitals, especially as it provides the appropriate advanced infrastructure.

Therefore, this is one of the appropriate sectors to invest there, especially as the percentage of plastic surgeries in the UAE is increasing and the sector is expected to grow by 60% to reach $28 million in revenues by 2023.

6. Consulting services

If you have enough knowledge about something and want to start a consulting service on it, then the UAE is the right place to start your business.

Especially since over the years there has been an increase in interest in this field, which makes the field of consulting services a good business opportunity there.

7. Hotel and restaurant chains

If you want to open a new restaurant or a new hotel branch, the UAE is an excellent place to invest.

Especially since the business of hotel and restaurant chains has flourished significantly in the recent period, due to the increased interest of investors in this sector.

As well as the additional investment of the UAE government in tourism, so it is also one of the booming industries in the UAE for 2022.

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Investing in the UAE

The UAE provides a lot of facilities for investors, whether they are citizens or foreigners, that help them invest in various ways in the Emirates. Thanks to the new and flexible laws provided to investors, foreigners have the right to establish companies with full ownership without the need for a UAE partner. TM can help you set up your company and help you start investing in the UAE and take advantage of the huge benefits that the country offers to investors. Where the company will take care of all the necessary procedures for the establishment of your company, as well as the conduct of transactions on your behalf, and the registration of your company in full.

Read also: Foreign investments in local stocks have reached 13.7 billion dirhams since the beginning of 2022

About TM Company

TM is one of the most powerful companies that help individuals, start-ups and small companies to launch any business easily, especially since TM adopts comprehensive solutions for all your business needs, so it is the best solution to focus on your actual business.

Which will help you efficiently in managing your business in the market, and make the task of establishing the company and following up the procedures in the hands of "TM" company, so that your company is established in Dubai and the United Arab Emirates with ease and speed.

The main objective of Tawam is to facilitate the entrepreneurship process for start-ups and small companies, as it has years of experience in establishing companies in the United Arab Emirates.

You can now book an appointment with one of the experts from TM Company to answer all questions and inquiries related to the establishment of your company, so do not hesitate to submit your application and communicate with TM Company, and you can submit your application directly from here.

Read also: Dubai roads revenues reach 3.5 billion dirhams through digital channels and applications


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