Latest news with #Dubizzle
Zawya
02-06-2025
- Business
- Zawya
Egyptian startups secure $228mln in funding in 5 months
Arab Finance: Egypt's startup ecosystem has seen significant growth in attracting venture capital and debt financing, with investments reaching $228 million from January to May 2025, according to the Ministerial Group for Entrepreneurship. This represents a 130% increase over the same period in 2024. The group reported 16 deals executed during the first five months of the year, 11 of which involved investments totaling $156 million. Additionally, two startups, Nawy and MNT-Halan, secured substantial debt financing, receiving $23 million and $49 million, respectively. In addition to funding, Egypt's startup sector has seen notable exit and acquisition activity, including Dubizzle's acquisition of the online car trading platform Hatla2ee and MaxAB-Wasoko's acquisition of Fatora. The proptech sector led in terms of investment volume, contributing to 33% of total funding, while the fintech sector dominated in deal volume with five transactions, accounting for 32% of the total investment. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Time Business News
29-05-2025
- Business
- Time Business News
Souq UAE Explore the Marketplace of UAE
The United Arab Emirates (UAE) is a thriving economic hub in the Middle East, known for its futuristic cities, rich cultural heritage, and dynamic trade environment. At the heart of this vibrant economy lies the Souq UAE—a term that not only refers to traditional marketplaces but also encompasses the broader commercial landscape where businesses thrive. From historic bazaars to modern online platforms, the souqs and marketplaces of the UAE offer vast opportunities for investors and entrepreneurs alike. Traditionally, a souq refers to an open-air marketplace where traders sell a variety of goods, including spices, textiles, gold, and handicrafts. In the UAE, especially in Dubai, souqs have evolved from their historical roots into modern retail centers while retaining their cultural essence. Today, Souq UAE represents a blend of old-world charm and new-age commerce, where traditional trading coexists with global retail brands and digital marketplaces. Souqs such as the Dubai Souq, Deira Gold Souq, Spice Souq, and Souk Madinat Jumeirah attract thousands of visitors every day. These markets are more than shopping destinations—they are cultural landmarks that highlight the UAE's legacy as a trading nation. The Marketplace of UAE is not limited to physical souqs. It spans massive malls like The Dubai Mall and Mall of the Emirates, as well as popular online platforms such as (formerly and Dubizzle. These platforms have transformed how people shop and conduct business, providing a global audience for local sellers. The UAE's strategic geographic location, advanced infrastructure, and supportive government policies make its marketplace one of the most dynamic and business-friendly environments in the world. Whether you're a retailer, wholesaler, or digital entrepreneur, the Marketplace of UAE offers unparalleled access to regional and international customers. Dubai stands out as a key city within the UAE where business opportunities are abundant. The emirate offers several advantages such as zero personal income tax, full foreign ownership in many sectors, and a stable economic environment. For investors looking to enter this lucrative market, finding a profitable business in Dubai is a promising path to success. Popular industries include: Retail and E-commerce : High consumer demand makes this sector a consistent performer. : High consumer demand makes this sector a consistent performer. Food and Beverage : Cafes, restaurants, and cloud kitchens are in demand due to the city's cosmopolitan population. : Cafes, restaurants, and cloud kitchens are in demand due to the city's cosmopolitan population. Real Estate and Property Management : With a continuous influx of tourists and residents, real estate remains a strong investment. : With a continuous influx of tourists and residents, real estate remains a strong investment. Tourism and Hospitality: Dubai's status as a top global destination ensures year-round activity in this sector. Rather than starting from scratch, many investors look for a profitable business for sale in Dubai. Acquiring an existing business means inheriting an established customer base, trained staff, and operational systems, significantly reducing startup risks. You can find a wide range of business for sale in Dubai across sectors such as logistics, healthcare, education, and wellness. Online portals like Dubizzle, BusinessFinder, and Bayut Business feature detailed listings, including financial records and owner contact details. When considering a business purchase, it is essential to: Conduct thorough due diligence Verify financial performance and legal compliance Assess market competition and growth potential Understand lease and licensing arrangements With the rise of digital commerce, the Souq UAE has expanded into online territory. E-commerce platforms now function as modern souqs, offering everything from electronics and fashion to home services and professional consultancy. These platforms provide low-cost entry points for new entrepreneurs and scalable opportunities for existing businesses. The Souq UAE symbolizes the evolving nature of commerce in the Emirates, merging tradition with technology. Whether you're exploring the UAE marketplace or seeking a profitable business for sale in Dubai, the region offers vast potential for growth and success. From the alleys of the Dubai Souq to the screens of global online platforms, the UAE remains one of the most attractive destinations for business and investment worldwide. TIME BUSINESS NEWS
Arabian Post
27-05-2025
- Business
- Arabian Post
Dubai's Job Market Opens Doors for Global Talent
Arabian Post Staff -Dubai Dubai's employment landscape continues to attract job seekers from across Asia, Europe, and Africa, with South Asians among the most visible presence. From tax-free salaries to a safe, cosmopolitan lifestyle and fast-track digital governance, the emirate is steadily reinforcing its image as a global work destination with an accessible entry point for skilled professionals. Dubai's appeal is anchored in a combination of economic liberalism and aggressive infrastructure development, which has made the city one of the busiest hubs for aviation, logistics, finance, hospitality, and tech. For those seeking employment from outside the UAE, Dubai offers two main routes: applying for positions remotely, or entering on a short-term tourist visa with the hope of converting that stay into full-time employment. While the latter path involves risk and financial outlay, it remains the most widely taken route for candidates without existing work permits. ADVERTISEMENT The city's population is made up of nearly 90% expatriates, with professionals from India, Pakistan, the Philippines, Bangladesh, and the UK dominating several industries. Recruiters in Dubai confirm that demand remains steady for roles in sales, marketing, IT, logistics, real estate, engineering, healthcare, and hospitality. According to hiring trends tracked by regional recruitment firms, companies in free zone jurisdictions are particularly active, often targeting foreign candidates who bring sector-specific experience. Dubai's tax structure is a major driver of migration. With no personal income tax and a salary-based remuneration system, employees receive their full contracted pay without statutory deductions. This setup increases the net earnings of professionals, particularly those coming from high-tax jurisdictions. However, the city's high cost of living — with real estate, private schooling, and transport costs — offsets some of the financial advantage, making proper salary negotiations crucial before signing contracts. For prospective applicants based outside the UAE, the digital ecosystem built around Dubai's employment market is an essential resource. Company career pages, job portals such as Dubizzle and Bayt, and professional networks like LinkedIn are widely used by HR departments and hiring managers. LinkedIn in particular has emerged as a preferred screening tool, where recruiters assess candidates' professional branding even before calling for interviews. A well-structured profile featuring quantifiable achievements, skills endorsements, and updated CV attachments is now considered essential. Recruitment agencies based in Dubai and in neighbouring countries also play an intermediary role. Many global firms with a presence in the UAE outsource their talent acquisition to specialist agencies. These agencies have formal tie-ups with employers to fill positions across levels, from blue-collar to senior management. In India, for instance, manpower firms with UAE licenses are regularly approached for hospitality, construction, medical, and logistics roles. Candidates approaching these agencies are advised to verify accreditation details and ensure the agency operates under UAE labour ministry guidelines. A significant portion of those who eventually land jobs in Dubai do so by entering on a 60-day or 90-day visit visa. This visa allows job seekers to attend interviews, network with prospective employers, and explore options in person. While this method can be effective for confident candidates with solid credentials, the costs — including visa fees, accommodation, and living expenses — must be budgeted in advance. Moreover, there is no guarantee of securing employment during this window, making it a calculated gamble for many families. ADVERTISEMENT An alternative is to enter Dubai on a student visa. Universities and training institutions in Dubai offer various professional development courses, and part-time work is permitted in certain free zone jurisdictions. While this route also involves significant upfront costs, it has become popular among young graduates aiming to break into the UAE market through education-led migration. However, strict visa compliance rules and limited working hours under student permits make it less appealing for mid-career professionals. Once an individual secures a job offer, the employer typically initiates the work visa and residency sponsorship process. This includes submission of documents such as educational certificates, previous employment references, and medical fitness results. Once approved, a UAE resident permit is issued, which then allows the individual to bring in dependents under family sponsorship. The entire onboarding and visa stamping process usually takes two to four weeks, depending on the company's internal HR process and jurisdiction. Dubai's strategic geographical position — within a 4-hour flight radius from major South Asian cities — adds another layer of practicality for job seekers. With only a two-hour time difference from India and Sri Lanka, many multinational firms operate regional back-offices or satellite centres in Dubai, recruiting bilingual and culturally adaptive professionals who can bridge operations between West Asia and South Asia. Climate compatibility is another subtle advantage for those relocating from tropical or semi-arid regions. Temperatures and humidity levels, while extreme during peak summer months, mirror weather conditions in parts of South Asia and the Gulf, reducing the cultural adjustment curve for new migrants. Safety and rule of law remain among the top reasons cited by working professionals and families relocating to Dubai. The UAE consistently ranks among the world's safest countries, with low crime rates and a strong police presence. For women professionals and young students, this perception of security plays a pivotal role in relocation decisions. Another factor contributing to Dubai's growing job market is its economic diversification programme. With Vision 2030 and associated sectoral strategies, the city is investing in AI, clean energy, space technology, and digital banking. These emerging sectors have triggered a wave of high-skilled job openings, especially for engineers, data analysts, fintech specialists, and regulatory professionals. Start-up hubs like Dubai Internet City and Dubai Silicon Oasis are witnessing increased hiring, backed by funding incentives and incubator schemes. However, competition remains high, with thousands of applications flooding each job posting. Recruiters advise applicants to focus on niche skills, international certifications, and sector-specific experience. A generic application or a poorly crafted CV has minimal chance of clearing the initial screening stage. Instead, candidates are urged to tailor their applications to each role, use keywords matching the job description, and attach short, results-oriented cover letters.
Time Business News
22-05-2025
- Business
- Time Business News
Smart Investment Opportunities 2025
Dubai, one of the fastest-growing cities in the world, has become a hotspot for entrepreneurs and investors seeking long-term returns in a stable, business-friendly environment. With its modern infrastructure, diverse population, and tax incentives, Dubai offers an ideal landscape for running a successful enterprise. For those looking to avoid the challenges of starting a venture from scratch, purchasing an existing business for sale in Dubai can be a strategic and profitable move. Buying a business that is already operational comes with multiple advantages. It allows investors to skip the initial setup phase, which includes licensing, recruiting, and market entry strategies. Some of the key benefits include: Established brand reputation Existing customer base Trained staff and management Proven business model Immediate cash flow and revenue This model is especially appealing for expatriates and international investors who want to start earning quickly in a competitive market like Dubai. There are several thriving sectors in Dubai where profitable businesses are frequently listed for sale: Restaurants, cafes, and fast-food outlets are among the most commonly sold businesses. With a vibrant hospitality sector and a strong culture of dining out, well-located and well-reviewed F&B businesses can be highly lucrative. From boutique fashion stores to electronics shops, the retail sector remains strong. Buying a retail store in a popular mall or commercial area can offer steady income, especially if it includes an established inventory and supply chain. Salons, spas, and fitness centers are in high demand, particularly in residential and high-footfall areas. These businesses often come with loyal customers and trained staff, making the transition smoother for new owners. Educational institutions, such as nurseries, training centers, and tutoring businesses, are frequently available for sale. They offer consistent demand from Dubai's large expat community and are often backed by government licensing and accreditation. Given Dubai's strong position as a logistics hub, courier companies and last-mile delivery businesses are gaining value. With e-commerce on the rise, these businesses offer long-term growth potential. Before purchasing a business for sale in Dubai, it's essential to conduct thorough due diligence: Review the business's financial records and tax filings and Understand the legal structure and ownership rights and Evaluate the location , lease terms , and market demand , , and Check for any outstanding debts or liabilities Consult with local legal and financial advisors Websites like Dubizzle, Bayut Business, and BusinessFinder UAE frequently list verified businesses for sale, with detailed information on performance and valuation. Buying a business for sale in Dubai is a practical way to tap into a booming economy without the risks of starting from scratch. With many profitable opportunities available in key industries, the city offers excellent potential for local and international investors alike. With the right research, professional guidance, and a clear business vision, owning a business in Dubai can be a highly rewarding venture. TIME BUSINESS NEWS
The National
08-05-2025
- Business
- The National
Dubizzle reaches 500,000 verified users to mark major milestone in platform trust and engagement
Dubizzle, the UAE's favourite classifieds platform and part of Dubizzle Group, announced a major milestone in its journey toward building a safer and more transparent digital marketplace: the platform has officially exceeded 500,000 verified users. This achievement reflects dubizzle's continued commitment to providing a trusted, user-first experience across its platform. By prioritising safety, transparency and accountability through its user verification system, dubizzle has strengthened its position as the most reliable digital destination for buying, selling and connecting across a range of categories, including classifieds, cars, property and jobs. "Crossing half a million verified users isn't just a milestone - it's proof that trust and transparency matter. We've built dubizzle to be a platform where users feel confident and in control, and verification plays a huge part in that," Haider Ali Khan, chief executive of dubizzle and chief executive of Dubizzle Group Mena. "It's not just about safety—it's about creating smarter, more meaningful interactions for everyone who uses our ecosystem." As the platform continues to expand, dubizzle remains steadfast in its commitment to innovation, user empowerment and marketplace transparency. Most recently, dubizzle launched 'Sell with AI', an advanced AI-powered tool that simplifies ad posting while elevating user convenience and trust. By enhancing ad quality, streamlining moderation, and accelerating approvals, this feature is designed to boost user satisfaction and long-term engagement. With innovation at the heart of its mission, dubizzle continues to solidify its position as the UAE's go-to platform for trusted, seamless classifieds experiences.
