Insights into the Prospective Event Management Industry in Dubai

Event management is a multifaceted activity. It outlines all the aspects that lead up to an event right from idea conceptualization to event culmination — and everything in between. Simply put, an event manager oversees the entire design, setup, and execution of events that bring people together. These events can cover networking meetings, weddings, children’s parties, fashion shows, sporting events, concerts, and many more. No matter their scope, managing events is always a people-centric endeavor.

A dynamic new era of event management emerging post Covid-19

With the global coronavirus pandemic, people have resorted to hosting virtual events as a necessity. However, in-person events are expected to resume post-pandemic with all the necessary safety measures and are believed to bring about dynamic new changes to the industry. Experts claim to expect more quality and innovation in the industry once the UAE emerges out of the pandemic. According to DWTC, 54% of event organizers plan to host more events in the future. This is because in-person events offer a chance for human connection and make networking and demonstration easier than virtual events. Moreover, 68% of respondents stated they have already factored health and safety measures into their respective venues; two-thirds are willing to return to the stage immediately with the necessary safety measures in place, and one-in-five have already put in place measures in line with the government guidelines.

Why choose Dubai?

Starting an event management business in Dubai can be beneficial for entrepreneurs. The city boasts an ideal environment for businesses to invest in. Event organizing is a quarter billion industry of the city, and this number is expected to increase manifold. Numerous factors facilitate the event management industry in Dubai, the most notable ones are mentioned below:

1. Low initial investment The start-up cost for an event organizing business is relatively lower since no storefront is necessary, only the vehicle you use to travel to your clients. Apart from that, all you need to do is chalk out the major activities of the event and invest minimally.
2. Vast income potential There is always something exciting happening in Dubai. The city hosts numerous events every year, including conferences, charity funds, fashion shows, sporting events, shop openings, and film premiers, among others. The potential client base is vast. Sporting events are also quite popular in Dubai and require the expertise of skilled event organizers.
3. Increased accessibility Dubai is ideally located in proximity to the major spots of the world, becoming a city with easy access to resources. Moreover, Dubai gets several visitors and corporate individuals from worldwide that regularly require assistance in organizing events and meetings. All these factors generate many opportunities for the event management market

If you love organizing events and have a knack for entrepreneurship, setting up your event management business is a great idea. At Flyingcolour Business Setup Services, we provide a simple and effortless approach for setting up your business in Dubai. If you are interested, reach out to us at +971 4 4542366 or email us at info@flyingcolour.com. *Please Note: This article was published on 31st May 2021. The information provided in the article is based on the policies and rules applicable at the time of writing it. Talk to one of our consultants for any recent updates or changes.