Dubai Startup Scene: Exciting Opportunities For Entrepreneurs
Channel: IntoConnection
Date: 24/02/2015

Looking for a fruitful environment for your startup? Make sure you check out Dubai as an option for building up your business! Life in the United Arab Emirates (UAE) can be quite expensive, but the opportunities for entrepreneurs are worth mentioning. 

In the past you could only start a business when you owned an Emirati passport or if you had an Emirati partner, not so attractive for internationals. Not a smart choice for the economy either as only thirteen percent of the 9.4 million citizens of the UAE owns an Emirati passport. But luckily for all the expats with an entrepreneurial mindset, they changed that rule and Dubai realised that they can be a central player in the Middle East startup zone. 

In the video above our contributor David mentions that his first impressions were that startups in Dubai were mainly copying from European and American startup models like Uber for instance. However, this is about to change as the Emirati startups are becoming more and more innovative. The winners of the Startup Week Dubai 2014 all came up with innovative solutions for problems in the city, instead of taking other startup models as a basis.

NB: The Dubai Startup Weekend is an event that goes on for a little over 50 hours and it mixes the expertise of developers, designers, entrepreneurs and other experts in town by bringing them together in one weekend.  

The government plays an important role for startups as well. Not only by allowing non-Emirati people to do business in their country, but also by stimulating everyone to do business. At the end of 2014 the Emirati cabinet emphasizes the importance of all federal governments bodies boosting the cooperation and creating a nurturing environment for innovation. And to stimulate everyone to be creative the UAE cabinet announced 2015 as the year of innovation.

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