Business Industries in Abu Dhabi

It is a known fact that the United Arab Emirates is one of the best locations in the world to establish a business or expand a business. Rapid economic growth has given a boost to the active development of different industries in Abu Dhabi. 

With constant efforts from the government, the wealthy business grounds are now expanding faster in the Emirate. It is slowly emerging to be the fastest-growing Emirate in the UAE. 

With initiatives like Abu Dhabi Vision 2030, the government’s approach has always been a future-looking prosperous economy, with every business booming in its respective sector. The Emirate has witnessed dramatic growth over the last few decades and has established itself as a global industrial hub. 

If you are going to start a business here, we explore some of the most booming sectors in the Emirate that present immense opportunity and potential returns shortly. 

Abu Dhabi Business Industries

Various business sectors are racing to be number one. Mentioned below are the booming business setups in Abu Dhabi.

1. E-Commerce

With many young and prosperous customers, deep internet penetration, and advanced networks for logistics, the e-commerce sector is growing faster. There is a relatively new and different consumer base who likes to pay for convenience services related to their food purchases. 

There are more accessible convenience store formats, meal deliveries, and online grocery delivery. Moreover, consumers are demanding higher quality food as well as organic food, which tends to be priced higher. 

So, there is an excellent opportunity in the grocery sector, which is one of the upper consumer spending segments in the UAE.

2. Construction and Real Estate

As said earlier, construction is the central pillar of UAE’s economic diversification strategy, and Abu Dhabi has been a strength to achieve every target that the country has aimed at. According to MEED Projects, Emirate’s construction market is valued at more than $US805 billion.

3. Retail Company Setup in Abu Dhabi

Retail is one of the strongest pillars of the UAE economy, which experiences rapid growth and innovation. The retail industry houses some of the renowned global brands and faces a new era of encounters and opportunities. 

Many global brands flock their way to the city every year, hoping to expand their industry here. The desire to open their retail businesses in the UAE is not limited to global brands, even small and new organizations dream of an opportunity to establish their presence in the country. 

4. Healthcare

The United Arab Emirates has a comprehensive, government-funded health service, and a rapidly developing private sector that delivers a high standard of health care to the residents. Healthcare in Abu Dhabi is controlled at both the Federal and Emirate level. 

It is taking essential steps to improve the healthcare sector by providing incentives to established business start-ups in the Emirate.

5. Restaurant Business in Abu Dhabi

UAE has people from different walks of the world. Not just the people living in the UAE, tourists all over the world flock to the country to taste different cuisines offered to them. 

The number of good quality café and restaurants are increasing every day. And with Abu Dhabi’s Food Code in practice, the government makes sure that the food is not just tasty, but is also prepared in a hygienic environment.

The KIZAD is one of the ideal free zones for setting up restaurant services.

6. Travel and Tourism Abu Dhabi Business

The travel and hospitality industry has grown by leaps and bounds in the last few years. The emirate is aiming to get a rise of 5.1% of the total GDP. 

The total contribution of travel and tourism to the GDP of the country is estimated to rise by almost 5% by 2027. The Emirate is investing heavily to uplift the tourism and hospitality sectors and has high hopes for UAE.

7. Night Club Business in Abu Dhabi

The city is full of people from various ethnicities and races who have been working all week long. Naturally, they would like to blow off some steam. 

Opening a nightclub in the area will not only allow the people an opportunity to relax but will also double up as a lucrative business option.

8. Business Broker

With the entry of various kinds of business in the city, it is indispensable for them to have a business broker who will provide them with the essential amenities and will provide them with a workspace of their choice. 

The option of hiring a Business Broker is very lucrative and is gradually turning into a profitable business option.

9. Financial Services Company Setup in Abu Dhabi

At the start of every business, there is finance. This makes the provision of financial services a very good and essential service that is required by almost all companies. 

Financial services range from accounting and auditing to VAT calculation and filing of taxes. Not having a proper financial service can lead to the downfall of the company.

These industries show enormous potential in Abu Dhabi, and if these businesses are perused, a businessman is bound to achieve great success. Nevertheless, you should be very clear about the laws and rules regarding the various companies. 

Commitbiz can help you get the clarity you need, which will help you decide which business you would like to go through with. For more details on the services offered by Commitbiz, contact us – we'd be happy to answer your query.