4 business ideas for company formation in Meydan Free Zone

Dubai’s economy is fuelled by gas and oil, traditionally like any other country in the Middle East. To this date, the rulers of this country are working to diversify with the supportive growth of other industries. Therefore, it is easier to start a business here and company formation in Meydan Free Zone.

But, whatever your industry, if you have something to offer the local economy, you can expect to find a welcome and demanding audience in Saudi Arabia. Here are some of the best opportunities on offer right now.

Let us check out a few of the opportunities as a startup you can try in Dubai!

1. Travel and tourism

The travel along with the tourism sector in Dubai is all set for significant growth in the upcoming year. Visitors here have increased each year significantly before the outbreak of the pandemic.

Dubai has several opportunities in this realm. For instance, you can set up a tour operating business to organize and guide tourists around the city. You can even open a travel agency to organize accommodation, flights, visas, and a lot more.

2. Language services

The widely spoken language here in Dubai is English, with Arabic as the official language. They need translation for every official document for residents who wish to learn this local language, and it will include the visa forms, qualifications, tenancy agreements, and a lot more.

Your language skills will result in a great demand irrespective of your first language, as Dubai has residents from all around the world.

3. Solar energy

Dubai is the ideal location for solar energy production, being affluent of mass of flat land and sun. You can make the solar energy sector auspicious for the opportunity being coupled with a commitment to producing 50% of its energy.

Dubai has recently unveiled that the Initiative fund to Middle East Green is worth about USD 10.4bn to support the companies contributing to the aspiring environmental target.

4. Maid recruitment service

Maid services are also in great demand in Dubai, especially to the kind of expatriate residential compounds and their busy and affluent residents.

It eventually follows that any kind of service that helps match maids to those who need them would be in great demand. With that being said, you can easily head for a company formation in Meydan Free Zone to research potential hires. A few recruiters may also be advising on employment contracts and visas.