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Key Things to Consider When Exploring New Geographical Markets
Geographic expansion is necessary for accessing new markets, can be financially beneficial, and will give you access to new talent pools to build your pipeline for the future. At Kinetic, we have seen a multitude of new and existing businesses choose this area for their investment, and in this article I want to discuss with you some of the main points to consider, including some general business expansion issues as well as how to expand into the UAE. The trajectory of the UAE’s economy is still increasing. The GDP of Dubai is predicted to grow by 3.8% in 2020, overtaking the rate of 2.1% that...
Dubai: The Place To Work and Live
Tourism, being the world’s air travel hub, a booming economy and fantastic job opportunities – these are just some of the reasons that Dubai is set to overtake London as the world’s most popular tourist destination by 2025. The success of Dubai has been no accident – the government and current Prime Minister Sheikh Mohammad bin Rashid Al Maktoum have worked tirelessly to improve legislation which allows both UAE nationals and overseas workers to enjoy the fantastic benefits of living and working in this economic hub. Dubai has gone from strength to strength, and it isn’t slowing down in its...
The Challenges of Setting Up in a New Country and How to Leverage Your Regional Service Providers
It has never been a better time to expand your business in the UAE, as the region enjoys steady growth from both homegrown and international ventures. The UAE was one of the fastest-growing GCC economies this year with the GDP at 2.6% after a spending boost, and the world bank predicts this is set to rise to 3% in 2020. After experiencing much of its prosperity thanks to the oil economy, the UAE is now focusing on boosting non-oil GDP with a wealth of opportunities available to business owners looking to take advantage of the bolstered economic regulations – and...
Why a Move Every Four Years Prevents Stagnation in Your Medical Devices Career
As medical devices recruiters, we work daily with great employees who love their medical devices careers and have endless lists of goals and targets they want to achieve. In this industry, it is rare that employees ever feel like they have learnt everything there is to learn – there are always new medical advancements which make caregiving more innovative, streamlined and ultimately better for the end-user. Gone are the days of a ‘job for life’. It is no longer frowned upon to switch companies throughout your career in order to build your skills and experience repertoire; in fact, the average time spent...
How to Work with a UAE Based Recruiter to Grow Your Life Sciences Organisation
In recent years, the UAE pharmaceutical and medical devices sector have cemented itself as one of the world leaders in the field. In the past, the region relied heavily on imported medical care and pharmaceuticals, in 2015, around 85-90% of its drugs were imported. However, since the inception of the government’s Vision 2021 scheme to transform the UAE into a knowledge-based economy, there has been a drive towards the creating of life sciences job opportunities in the region, to keep the knowledge and to increase the revenue within the country. One manifestation of this is DuBiotech, the Dubai Biotechnology and research park...
