Opportunities For Business in Dubai

There are ample opportunities for doing business in the UAE.International manufacturers and exporters may conduct business with Dubai by concluding transactions directly with importers and traders who are already established in the market.

In Dubai business is conducted on the basis of personal relationships and mutual trust.Although it is changing rapidly and large firms are structured as in the rest of the world, companies are often a family affair, with the ultimate decision-maker being the head of the family. Even if this is not the case, it is essential to clearly identify the decision-maker. However, your initial meetings will probably be at a lower level. These are also very important as a means of building mutual trust.

Dubai market has a number of attractive features, as-

Free- There are no foreign exchange controls, quotas or trade barriers. Import duties are extremely low, and many products are exempt.

Large- Dubai has very small population and despite a relatively small population, Dubai's total imports exceed $14 billion.The reason is that Dubai is the major re-export centre for the region.

Growing -Dubai are still at a relatively early stage of development, so there is plenty of long term scope for diversification and expansion in the future.

Competitive-Any exporters seeking success in the Dubai market must ensure that their products can hold their own in terms of their price, technology, design and value, just as in any other market of the world.