What do you think of when you imagine Dubai? Perhaps you recall their record-breaking skyscrapers such as the Burj Khalifa? Alternatively, you may remember the Burj-al Arab, the worlds tallest hotel? In any event, Dubai is clearly a place that is ripe with creative minds and forward-thinking innovation. Not only has this consensus resonated in their construction industries, but now too in their technology pursuits too.
Consequently, here’s why Dubai is becoming a thriving middle eastern technology centre.
What Are They Doing to Attract Tech?
Dubai has attracted startups in their droves, establishing itself as the prime destination in which to birth an innovative tech firm. Of course, starting a tech venture is a risky investment. An unstable economy or lack of a thriving industry can really cripple a startup right out of the gate, so a sense of security is vital in igniting and spurring on a startups confidence to succeed.
A technology centre can’t be established without a robust financial hub fuelling all the proceedings. Brokerage companies are prominent in Dubai, with a host of offshore and local talents offering their services throughout the area; managed account services, account funding bonuses, social trading services etc. Moreover, they’re multilingual, meaning that startups from overseas can assimilate comfortably too.
Put simply, support is easy to come by in Dubai, focusing on community driven innovation rather than eliminating competition, per say. There’s room for everyone to begin and grow. For example, tech companies can seek trading help from businesses like Equiti Group, providing them that extra boost with expert support. Ultimately, there’s a real sense of teamworking and group think at the heart of Dubai culture, and no one gets left behind.
Is There a Market There?
Obviously, with this much support, a thriving market soon starts to immerge. After all, things have developed rapidly in Dubai, with solar palm trees (that take your picture and enable you to charge your phone), high end airport passenger tracking systems, and even the introduction of ‘pilotless flying taxis’ to help commuters soar over any gridlock. Additionally, robot police have begun to patrol Dubai shopping centres.
Of course, while these technologies are certainly impressive, collectively they achieve another remarkable goal; global advertising. They communicate that there is undoubtedly a market for tech to thrive in Dubai, in such a way that technology is now deeply infused with their daily way of life. Some of these technologies have been pulled straight from the most intriguing fictions through the years, and thus heighten the appeal of their tech market too.
Summary: Dubai is on the brink of establishing itself as a middle eastern technology centre. Help is readily available to all at any stage of their tech startups journey, and Dubai encourages innovation, which is proven by their world leading technological advancements.