U.A.E to Emerge as a US investors Hub

The U.S.-U.A.E. Business Council and the Trade and Commercial Office of the U.A.E. Embassy in Washington, D.C. have released a report titled “The Entrepreneurial Emirates: The U.A.E.’s Startup Ecosystem and Opportunities for U.S. Investors.” The first-of-its kind report details how the U.A.E. has long served as a magnet for regional entrepreneurs who are seeking to start or scale businesses. This is particularly true for businesses in the e-commerce sector, where the country has given rise to blockbuster successes such as Souq.com.

This trend shows no signs of abating. The U.A.E. provides startups with a business-friendly environment with low taxes and relatively favorable regulations. The country also offers strong government backing of SMEs as well as numerous co-working spaces, incubators, accelerators, training programs, and networking opportunities to get new businesses off the ground. In addition, it presents avenues to raise capital from a large and growing number of venture capital firms, private equity firms, and angel investors.

“There has never been a better time for startups to establish operations and investors to access deal flow in the U.A.E.,” according to U.A.E. Commercial Counselor Saud Al Nowais. U.S.-U.A.E. Business Council President Danny Sebright notes, “These opportunities are only increasing as attitudes and philosophies toward venture capital rapidly shift for the better and as legal and business reforms accelerate in the U.A.E. and the wider Gulf region.”