Once upon a time, the Gulf was only known for its rich natural resource of oil. And the first city to take the step towards diversification was Dubai, the present-day tourism hub, real estate hub, retail hub, tech hub, logistics hub, financial hub, media and entertainment hub, aviation hub, and more.
All this business activity could be credited to its strategic location which allows connections with 3 continents Asia, Europe, and Africa. Dubai is one of the top 15 business hubs in the world.
In Conversation with Rizwan Ansari
However, all this is statistics, what about the onsite experience? As a result, we decided to interview Rizwan Ansari, a UAE-based CEO of RadiantBiz who has been in the country for more than a decade. Ansari remarks on watching the city evolve through the highs and lows of the economic cycle.
Having begun his career in 2006 with international banks like Standard Chartered and Barclays in Dubai, Ansari witnessed the direct impact of the Global Financial Crisis on the city. Above all, the city’s comeback from the recession was a sensational sight to behold.
Ansari believes this to be his purpose in quitting his over-a-decade-long career as a banker and starting his own business consultancy – RadiantBiz. Consequently, he has guided many businesses through the business turf of Dubai.
When asked about the potential of industries beyond the oil sector, the CEO and founder of RadiantBiz, delved into the emerging markets of the whole country of UAE. He mentioned the prospects of the tourism industry which is known to be pursued by the Prime Minister of Dubai – Sheikh Mohammed bin Rashid Al Maktoum, as he rigorously worked on building tourist attractions all across the city of Dubai.
Emerging Markets in Dubai
As follows, industries blend into one another; the tourism infrastructure needed invited multiple construction businesses into the city which was followed by the hospitality sector, real estate sector, entertainment services, and others.
He also highlighted the immense government support that backs all the businesses in the city including tax benefits, tailored industry infrastructure, designated jurisdictions for industries, and many more.
Notably, Ansari shared his clientele, which includes businesses such as Ladid Belgian Sauces, Swadesh Souq, Parisian Trust, Age of Innocence, Zoho, Oskelly, AquaFunded, Pamec, Xplora Luxe, Gemaee, and others, spanning sectors from fashion to technology.
Dubai Economy
This solidifies the positive statistics about the city and reinforces the idea of Dubai truly being a business hub and not just because of its natural endowments of oil and geographical location.
Moreover, the CEO shared his positive outlook on the current market which has persevered despite the pandemic making a global appearance. He emphasized the reputation Dubai has created for itself as a safe haven by providing security from crimes, wars, and other hazards. Through its laws of copyrights and trademarks, it has not only protected inventions but also encouraged them.
Therefore, your expansion plans now have a location. Your business destination awaits you!
For further information, contact us via mail at info@radiantbiz.com or call us at +44 7398 573313
An Article by Rizwan Ansari
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