Did you know SME businesses account for 42% of the workforce, and contribute around 40% to the total value-add generated in Dubai’s economy? It’s a startling fact, but true, nevertheless. Micro firms account for 72% of the overall business count in Dubai, followed by Small and Medium Firms (SMBs) accounting for 18% and 5% of the business count.
Check out our infographic, “Dubai Small and Medium Enterprises – Statistics and Trends” for more such interesting details. You’ll come to know how many SMEs are there in Dubai’s sectors, how they are categorized and much more.
|Food & Beverages||24%||Real Estate, Renting||33%||Consumer Goods Trading||25%|
|Basic Metals and Fabricated Metal products||21%||Construction & Contracting industry||31%||Textiles and Garments Trading||16%|
SMEs contribute around 40% to the total value-add, in the following order:
|Category||%age of total workforce employed|
68% of trading SMEs indicated that they have revenues from international markets and customers. This compares to 53% and 37% among Manufacturing and Services SMEs, respectively
Approximately ¾ of the SME exporters in Dubai are currently exporting to other countries without having a physical presence in these markets.
Another 18% of businesses have either set up offices or have entered into strategic alliances in other countries
An estimated 50% of the SMEs across Dubai indicated having a website and around 6% of the total respondents indicated that they have online ordering capabilities or e-commerce features built into their websites.
70% of the SMEs expect medium to high growth in demand for their goods and services over the medium-term.