While Dubai is the biggest economy in the Middle East, there are still obstacles and challenges with doing business in the city. In order to be a successful entrepreneur in Dubai, here are the top five challenges of doing business in the city.
The Remote Work Force
Dubai has a world-class talent pool and growing demand for engineers and cybersecurity specialists. But as easy as Dubai might seem to move to, it can be hard to make your way into the workforce and up the corporate ladder.
The top five reasons why people are moving to Dubai is to be closer to family, to start a business, to work as an English teacher because it’s cheaper to live in Dubai than other places in the world and to do some travel. The more people work in Dubai, the greater the demand for people to work there as well. That means you can’t get rid of your support team and outsource the jobs because the supply of available talent is simply too great.
Also to take advantage of their amazing education and home base in Dubai, enterprises often recruit workers from abroad. There are a lot of places in the world where you can find skilled workers looking for a job, but Dubai is one of the places where it’s very difficult to find such workers, and thus people are in high demand. You can expect that talent to run from any low-quality jobs to any high-quality jobs. They will do it for the money, so you are going to have to outbid the competition for every opportunity you get.
Not Having A Computer System To Run Your Business
As with any other country in the world, Dubai has numerous antiquated systems that need to be replaced and updated. For example, the inventory system in Dubai relies on an old part of the StarTrack computer system that dates back to 2008. This makes it extremely difficult for a business to keep track of everything, and this comes as the business becomes larger and needs more business dealings than it could handle before the changeover to a new system.
Problems With The Wi-Fi
In addition to the old equipment that needs to be replaced, you also need to address the Wi-Fi system that you’ve already gotten set up. This means that you need to know how to support wireless technologies in Dubai and how to work with any wireless service providers. When the Wi-Fi is integrated in technology with a particular organization, you must also adapt all of your back-office systems to make sure that you are working with the right service providers.
Things Are Polite and Businesslike
Speaking of technology, there are many places that keep difficult and difficult-to-use technology out of the office. But as a business owner in Dubai, you get very used to dealing with technology and modern engineering. The kind of security that is used here is often less secure than in the US or Europe, but you get used to it. However, there are other parts of Dubai, such as the older souk, that may actually be a lot more dangerous than you would think.
Dubai works quickly and efficiently. The slower cities such as Cairo are still used by many people who choose to live there because the alternative is not fast. While it takes quite a bit of time to get in and out of Dubai for your business meetings, you can see the fruits of your labour, right when you arrive in the UAE city.
Let’s connect to start a new business in Dubai.