A sustainable, diversified, high-value-added economy will be built in Abu Dhabi by 2030. In order to achieve this, it is necessary to broaden the areas of economic activity, expand the enterprise base, and develop new external markets. The investment opportunities are one of the best in the Middle East. Investors can expect great returns as well. Let’s focus on the top 10 most profitable business ideas in Abu Dhabi.
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- Agribusiness Sector
As far as volume and value are concerned, Abu Dhabi’s agricultural production has experienced remarkable growth. Based on a compound annual growth rate of 6.5%, agricultural production in 2020 reached AED 13.7 billion, up 12% from 2019. Abu Dhabi’s agricultural sector contributed 1.1% to GDP last year, compared to 0.8% the year before.
- Cosmetics Business
A few factors driving growth for UAE cosmetics include consumers’ increased preference for organic and vegan cosmetic products, the launch of various products designed to suit different skin types and colors, and an increase in disposable income that enables UAE residents to spend more on their aesthetics and appearance.
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- Solar Power Business
This sector is very flourishing. There are a lot of benefits to solar energy in the UAE, including its abundance and reliability. CSP (concentrated solar power) production capacity in the UAE reached 140 MW in 2013, ranking third in the world. The climate is favorable for setting up solar power plants and investment in it is always high.
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- Cement And Concrete
Abu Dhabi has cement and concrete business companies with multi-billion dollar projects in the city. The projects are leading innovation in the construction sector with high technology like robots, 3D printing, high-speed trucks, and advanced building materials.
- Cereal Processing Business
This sector is a very lucrative option for investment. It is growing each year and is expected to give high returns. The demand for cereal food and diet is increasing as a result the production of cereal-based products is soaring high.
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- Cold Chain Business
Commercial cold chain companies in Abu Dhabi and their services are quite valuable for any business. The cold chain is the process of maintaining food at the required level of temperature at all times during transportation from one place to another. The business in this is really good and expected to give high returns.
- Disposable Products Business
Disposable Products in Abu Dhabi is a fast-growing worldwide distributed business. It holds an endless demand for a number of products in the region and overseas as well.
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- Fertilizer Business
The fertilizers business in Abu Dhabi is an exciting business that requires plenty of knowledge and experience. Many people are interested in the growth and development of this business because it can bring massive profits to them.
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- Glassware Industry
Dubai’s glassware industry is one of the fastest growing and most competitive in the world. The industry manufactures thousands of different products, including but not limited to, glass bottles and jars. It has many established brands as well as young and upcoming companies which are doing big business.
- Textile Business
Textiles in Abu Dhabi are a global phenomenon with their roots in the Middle East. It’s a flourishing industry and it’s growing with each passing day. Whether you’re looking to launch your own business or examine the opportunities that are out there, here are five things you need to know about the textile business in Abu Dhabi.
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We, at NPCS, endeavor to make business selection a simple and convenient step for any entrepreneur/startup. Our expert team, by capitalizing on its dexterity and decade’s long experience in the field, has created a list of profitable ventures for entrepreneurs who wish to diversify or venture. The list so mentioned is updated regularly to give you a regular dose of new emerging opportunities.
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