BCB’s September Newsletter: Metaverse, Drinks & 100%

26 Sep, 2022

Good Morning

Schools are back, the temperature is dropping and ‘the season’ is upon us.

The team here is already busy with plans for the big GITEX trade show, happening October 10-14 in Dubai, supporting UK exporters into the Middle East and here we feature second of series on how Dubai is actively using the metaverse as a new arena for economic development.

We have already hosted our first trade mission since the summer, with 7 food exporters from Cornwall visiting us earlier in the month for a series of meetings with potential buyers (please connect with Wuraola Ogundimu) and whilst the companies were promoting all manner of quality produce, our Food & Drink expert, Wura, writes here about the growing taste & demand for non-alcoholic drinks in the region.

We also bring you an update on recent 100% company ownership provisions that were enacted in the UAE in the last few years and allow for foreign investors to hold complete ownership & control of their companies without recourse to a free zone. If you’d like to discover more, it’s something we can support you with through our market-entry Dubai Incubator platform, and the team would be happy to speak and provide more details.

Regards
Joe

100% foreign ownership in the United Arab Emirates

A new era is coming to the UAE as the country seeks to attract more Foreign Direct Investment. Click here to learn more on the latest developments on 100% foreign ownership in the UAE.

Back to school: UAE’s edtech demands

The UAE is still one of the more mature education markets in the region, thus remaining a top draw for investors, providers & students. Learn more on the services & solutions sought after.

Rise of non-alcoholic spirits, beer and wines in the UAE

Non-alcoholic spirit is one of the fastest growing sectors in the adult drinks section in the UAE. Click here for latest trends & factors driving demand.

Part I: Understanding of the Metaverse

Facebook’s rebranding as Meta snowballed into a global curiosity and fixation with the internet’s favourite buzzword, Metaverse. Find out what this really means.