Ameen Ahsan speaks at Panel Discussion on Investments in UAE at “Come On Kerala 2024” Event
Ameen Ahsan had the opportunity to be a panel speaker at a talk session organized by Kallat Developers “Discussion on Investment in UAE”, at the Kallat Developers pavilion at the “Come on Kerala” event (at Sharjah).
It was an interesting session where Mr. Shamsudeen Nellara (MD, Nellara Group) and Mr. Thahir Kallat (Chairman, Kallat Properties) shared their views on the new investment opportunities in UAE.
Ameen Ahsan shared the following;
- The UAE is a great place for businesses to base their head offices. As it offers the best of infrastructure, education, healthcare, entertainment, international connectivity, access to best manpower and having international trade exhibitions almost every day. Besides, in a world which is getting more insecure by the day, UAE is an oasis of peace and safety. So shift HQs to UAE, and do businesses across the world
- High income but salaried people should organize to form investment companies, so that they can collectively invest into the many big opportunities that UAE offers both in real estate and non-real estate industries. Entrepreneurs can tap into this funding opportunity by utilizing the many business friendly incorporation structures available in DIFC and ADGM
- Established businesses should not rest on their present status, and should be aware that market shifts are real and happening, and if they don’t evolve with time, they can be uprooted within no time.
- Among the many things to consider, the people heading these legacy businesses would be from Boomer or early X generations, but their customers and employees could be from Gen Late X, Y and Z. When it comes to customers, even Gen Alpha gets their share. Each of these generations have different priorities, different views, pains and gains. Unless business leadership at the top does not recognise this difference, they are going to lose good employees, customers, sales and profits (ultimately business close down) as they lose to new businesses that recognise these differences.
- As for new ventures, a great idea is nothing without a proper plan and the right people. If planning to set up in UAE, Ameen Ahsan recommends staying in UAE for at least 6 months, and studying the market and competition. Talk to people in the industry, understand the real pulse, identify the gap and get into it. A proper market study is essential, else you will be burning out in dirhams!
The session was moderated by Mr. Yazir Hameed. His insightful questions helped bring out good topics for discussion!
All round, ‘Come on Kerala’ was a great place for connecting with old and new clients.
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You can reach Ameen Ahsan at ameenahsan.com
