As new trends unfold, the UAE is ready to welcome new businesses in 2022. Fortunately, strong digital adoption has ensured that the work will continue without interruption in the country. Starting from January 2022, there will be a 4.5-day work week such as Monday to Friday. It will help the companies to align with global businesses and boost productivity.
For the last couple of years, companies have been working on the Work From Home model or hybrid model to meet business requirements. As a result, new businesses such as e-commerce, cryptocurrencies, prop-tech entertainment, fintech, etc. have emerged. Hence, in 2022, there will be new business trends to look out for a Dubai Freezone company like SORP.
Work from Home
Since the pandemic, many companies have learned about remote work. It has been one of the major topics for the last couple of years. Digitally connected technologies have opened a whole new world of possibilities. The company owners have got to know that working from home has more pros than cons. As the world recovers from the aftermath of the pandemic, employees prefer to work from home.
Most employees choose remote work because it allows them to stay in a place they love. They don’t have to worry about traveling to work and money when choosing their home. As a result, employers are saving money on office costs. Also, they don’t have to worry about geographic limitations when scouting for new talent. Any company that neglects the fact that now employees want to work from home, will be left behind in 2022.
Women-Led Businesses
Another emerging trend in Dubai’s business landscape is female entrepreneurs. The government is supporting women to enter the business sector. Women can now take advantage of specialized business incubators to start their businesses while accessing support, investors, and mentors. Women-led businesses are already producing great results that are a great opportunity for local and foreign investors.
The influence of women-led businesses is expanding across the UAE. As a result, the UAE government is reducing the economy’s dependence on oil and gas revenues. Hence, diversification is the heart of UAE’s economic policy and a great opportunity for investors in 2022.
Cryptocurrency
A road map was announced by the Central Bank of the UAE (CBUAE) in 2021 to integrate digital currency into the country’s financial, trade ecosystem, and investment. These follow brainstorming, analysis, and research by the CBUAE and some UAE Crypto ecosystems. As a result, it will be part of the 2023-2026 strategy to promote digital currency.
Crypto has been one of the key innovative and important assets to improve the effectiveness and efficiency of financial investment and financial trading. Expo 2020 has been the initiative of cryptocurrencies in terms of boost and growth. Hence, cryptocurrency can be a great opportunity to look for in 2022.
Freelancing
As already mentioned, digital nomads, remote workers, or freelancers are the future of the business trends in Dubai and the UAE. Freelancers are a source of highly qualified talent for short- and long-term projects. Freelancers are a source of cost savings because it is cheaper to hire a freelancer than to train a permanent staff for a project.
The in-demand skills from freelancers in the UAE are media such as actors, editors, writers, translators, and musicians. For education, they can be educational advisors, teachers, researchers, etc. For the designing segment, they can be fashion designers, wedding planners, etc. Last but not least, Technological skills can be used for software development, data science, etc.
E-Commerce
The popularity of online shopping is increasing day by day. It is estimated that global e-commerce will grow potentially in the coming years. Therefore, entrepreneurs and start-ups are now focusing more on e-commerce than physical stores and companies. E-commerce is not only about products but about services too.
Today more retailers are shifting their investments from physical stores to online stores. As a result, they create e-commerce stores that can be an opportunity for freelancers to operate their online stores. E-commerce has brought comfort to customers by getting products delivered to their doorsteps. Therefore, investors should consider the e-commerce business trends in 2022.
In Conclusion,
All the business trends in 2022 are related to digital technology. The bottom line of the business trends in 2022 is based on technology that will make a business successful across the globe. The government is supporting startups, entrepreneurs, and women-led business setup in UAE. It is because the government has reduced the dependency on oil and gas revenues. Hence, the UAE is working on innovating business ideas to compete with global business trends.
Soccer lover, ramen eater, hiphop head, hand letterer and RGD member. Operating at the crossroads of art and function to answer design problems with honest solutions. I’m a designer and this is my work. Tropical swift lover
