Latest news with #AkshayDosaj
Arabian Post
29-05-2025
- Business
- Arabian Post
Empowering UAE's SMEs through M&A Expertise
Akshay Dosaj and Asif Rashid The UAE's small and medium-sized enterprises (SMEs) sector is poised for substantial expansion, with projections estimating nearly one million businesses by 2030. As these enterprises navigate a competitive and dynamic environment, mergers and acquisitions (M&A) have become essential strategies for sustainable growth. To maximize these opportunities, SMEs need tailored solutions and expert guidance to achieve their growth ambitions and align with the UAE's broader economic vision. SMEs: The Backbone of the UAE Economy ADVERTISEMENT SMEs represent about 94% of all businesses in the UAE, contributing approximately 64% of the non-oil GDP and fostering innovation across a diverse range of industries. However, despite their critical role, SMEs often face significant obstacles in the field of M&A, such as high costs, fragmented services, and limited access to specialized expertise. Given these challenges, there is an increasing need for accessible, cost-effective M&A solutions that support SMEs in their pursuit of growth, expansion, or strategic exit. Supporting National Goals and Economic Vision The UAE government continues to prioritize SMEs as part of its long-term economic strategy, reinforcing their role in shaping a competitive and diversified economy. Initiatives such as Dubai's Economic Agenda D33 and Abu Dhabi's Economic Vision 2030 underscore the commitment to fostering a robust entrepreneurial ecosystem. The UAE Cabinet's recent approval of the National Investment Strategy 2031 further strengthens this focus. The strategy aims to enhance the country's position as a global investment hub, with ambitious goals such as increasing annual foreign investment inflows from AED 112 billion in 2023 to AED 240 billion by 2031. Five key sectors—industry, financial services, transport and logistics, renewable energy and water, and telecommunications and information technology—are prioritized to achieve these targets. For SMEs, these developments present new opportunities to attract investment, form strategic partnerships, and scale their businesses. However, the traditional M&A process is often perceived as complex and resource-intensive, involving intricate legal, financial, and operational navigation. As the investment landscape evolves, SMEs need structured, transparent, and efficient M&A solutions to seize these opportunities with confidence. ADVERTISEMENT Seizing Market Opportunities for SME Growth The UAE's M&A landscape continues to thrive, with regional activity reaching $86 billion in 2023, marking a 4% increase from the previous year. This momentum has been sustained through 2025, driven by rising investor interest, an influx of high-net-worth individuals (HNWIs), government-supported diversification initiatives, and favorable market dynamics. For SMEs, this environment presents unique opportunities to engage in strategic transactions, whether by acquiring new capabilities, or expanding into new markets. With the UAE becoming a hub for investors and HNWIs, the demand for innovative, scalable SMEs has surged. M&A can serve as a powerful tool for SMEs looking to attract investment, acquire synergies, or merge with businesses that enhance their competitive edge. Revolutionizing the M&A Landscape with Digital Solutions To capitalize on market trends, SMEs need efficient, transparent, and secure M&A services. Traditional models, with high costs and lengthy processes, no longer meet the fast-paced needs of modern businesses. Instead, digital platforms are emerging as the preferred solution, streamlining transactions and providing expert-backed guidance. Digital platforms, such as Bidzi, are transforming the M&A landscape in the UAE, aligning with national economic goals by simplifying transactions and offering comprehensive resources. These solutions enable SMEs to navigate complex transactions, secure investment, and enhance market value, fostering a dynamic entrepreneurial ecosystem. A Digital Future for UAE SMEs As SMEs embrace a technology-driven future, M&A will play a crucial role in their growth. Digital infrastructure ensures efficiency, scalability, and global competitiveness. With the right support and digital infrastructure, SMEs can successfully navigate complex transactions, secure investment, and enhance their market value. Platforms like Bidzi are helping shape this future, equipping SMEs with the tools, data-driven insights, and expert guidance needed to succeed in an increasingly competitive landscape. As the UAE accelerates its journey toward economic diversification and global leadership, and as the SME sector expands at an unprecedented pace, leveraging smart, scalable, and technology-driven M&A strategies will be essential to shaping the future of business in the UAE. Akshay Dosaj, Co-Founder and CEO, Bidzi and Asif Rashid, Co-Founder and Chief Operating Officer, Bidzi Also published on Medium. Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.
Mid East Info
27-01-2025
- Business
- Mid East Info
Eleven Legal Launches in UAE: Transforming Legal Services for SMEs with Affordable, Subscription-Based Model
Unlimited contracts and access to expert senior lawyers for just AED 4,000 per month. Dubai, UAE – January 2025: Eleven Legal, the UAE's first-of-its-kind online, subscription-based law firm, has officially launched, offering SMEs an unprecedented opportunity to access unlimited high-quality legal services for a fixed monthly fee of AED 4,000. Founded by Akshay Dosaj , a corporate lawyer with extensive experience in M&A, joint ventures, and equity capital markets, Eleven Legal aims to revolutionize the legal landscape for SMEs by eliminating the unpredictability and high costs of traditional hourly billing. Unlike maintaining an in-house legal team or relying on conventional law firms, Eleven Legal offers SMEs a more affordable and accessible solution. Businesses benefit from immediate access to top-quality legal advice without the uncertainty of fluctuating costs. The subscription model includes unlimited contract drafting, review, and amendment services, along with consultations tailored to address a wide range of legal concerns. Akshay Dosaj, Founder and Managing Partner of Eleven Legal, shared, 'SMEs in the UAE have long faced challenges in accessing affordable, high-quality legal services, often leading to costly consequences. At Eleven Legal, we aim to bridge this gap by acting as a trusted in-house legal partner for SMEs, providing exceptional value at a fraction of the traditional cost.' Eleven Legal disrupts the traditional legal market, where services can be expensive and quality of expertise is unpredictable. The firm stands out with its innovative approach, combining advanced AI technology with the experience and expertise of senior lawyers to deliver consistent, high-quality service – leading the way towards a future of accessible legal services. All legal matters are handled by senior lawyers, ensuring accuracy and reliability. Additionally, the firm guarantees fast turnaround times, with most requests being resolved within one to three days. This subscription-based model aligns with the UAE's vision of fostering a thriving SME ecosystem by empowering businesses with affordable, efficient, and reliable legal support. The fixed monthly fee provides businesses with predictability and peace of mind, ensuring they can focus on growth and minimizing risks without the burden of hourly billing. Eleven Legal's innovative model is not only more affordable than an in-house legal team but also ensures immediate access to premium legal expertise, making it a game-changer for SMEs in the region. About Eleven Legal: Eleven Legal is the UAE's first-of-its-kind subscription-based law firm, offering comprehensive legal support for a fixed monthly fee. Priced at AED 4,000 per month, the subscription includes unlimited document creation, review, and amendment services, along with expert legal consultations to address contract-related matters. By combining the experience and expertise of senior lawyer and the use of AI technology, Eleven Legal is revolutionizing how businesses access legal services, ensuring efficiency, affordability, and peace of mind.
Zawya
27-01-2025
- Business
- Zawya
Eleven Legal launches in UAE: Transforming legal services for SMEs with affordable, subscription-based model
Dubai, UAE: Eleven Legal, the UAE's first-of-its-kind online, subscription-based law firm, has officially launched, offering SMEs an unprecedented opportunity to access unlimited high-quality legal services for a fixed monthly fee of AED 4,000. Founded by Akshay Dosaj, a corporate lawyer with extensive experience in M&A, joint ventures, and equity capital markets, Eleven Legal aims to revolutionize the legal landscape for SMEs by eliminating the unpredictability and high costs of traditional hourly billing. Unlike maintaining an in-house legal team or relying on conventional law firms, Eleven Legal offers SMEs a more affordable and accessible solution. Businesses benefit from immediate access to top-quality legal advice without the uncertainty of fluctuating costs. The subscription model includes unlimited contract drafting, review, and amendment services, along with consultations tailored to address a wide range of legal concerns. Akshay Dosaj, Founder and Managing Partner of Eleven Legal, shared, 'SMEs in the UAE have long faced challenges in accessing affordable, high-quality legal services, often leading to costly consequences. At Eleven Legal, we aim to bridge this gap by acting as a trusted in-house legal partner for SMEs, providing exceptional value at a fraction of the traditional cost.' Eleven Legal disrupts the traditional legal market, where services can be expensive and quality of expertise is unpredictable. The firm stands out with its innovative approach, combining advanced AI technology with the experience and expertise of senior lawyers to deliver consistent, high-quality service – leading the way towards a future of accessible legal services. All legal matters are handled by senior lawyers, ensuring accuracy and reliability. Additionally, the firm guarantees fast turnaround times, with most requests being resolved within one to three days. This subscription-based model aligns with the UAE's vision of fostering a thriving SME ecosystem by empowering businesses with affordable, efficient, and reliable legal support. The fixed monthly fee provides businesses with predictability and peace of mind, ensuring they can focus on growth and minimizing risks without the burden of hourly billing. Eleven Legal's innovative model is not only more affordable than an in-house legal team but also ensures immediate access to premium legal expertise, making it a game-changer for SMEs in the region. About Eleven Legal: Eleven Legal is the UAE's first-of-its-kind subscription-based law firm, offering comprehensive legal support for a fixed monthly fee. Priced at AED 4,000 per month, the subscription includes unlimited document creation, review, and amendment services, along with expert legal consultations to address contract-related matters. By combining the experience and expertise of senior lawyer and the use of AI technology, Eleven Legal is revolutionizing how businesses access legal services, ensuring efficiency, affordability, and peace of mind.
