Hello from Abu Dhabi, مرحبا من ابو ظبي,
The back to business season is now in full swing.
The Luxembourg Trade and Investment Office (LTIO) for the Gulf in Abu Dhabi is thrilled to share with you the latest developments in Luxembourg’s thriving business landscape, highlighting its position as an ideal hub for UAE-based companies aiming to expand their operations in Europe. Luxembourg, often referred to as the “business heart of Europe,” continues to exceed expectations and offers unparalleled opportunities for growth and innovation.
Luxembourg’s commitment to fostering innovation and entrepreneurship is evident through its unwavering support for the development of the start-up ecosystem. The government, in collaboration with various organizations, has implemented numerous initiatives, providing an enabling environment for start-ups to flourish. Luxembourg’s vibrant ecosystem offers access to venture capital, incubation programs, mentorship, and a network of experts, all crucial elements for the success of budding entrepreneurs.
The testimonies of business leaders who have chosen Luxembourg as their European base speak volumes about the country’s exceptionally business-friendly environment. The presence of world-class infrastructure, and a highly skilled workforce has consistently surpassed the expectations of companies from around the globe. Luxembourg’s commitment to nurturing growth and its business-friendly policies provide an ideal platform for companies from the Gulf seeking expansion opportunities in Europe.
Recognizing the importance of attracting and retaining top talent, Luxembourg has recently introduced a new law aimed at facilitating the hiring of skilled labor. This progressive legislation streamlines the recruitment process for international professionals, making it easier for businesses to access the expertise they need to thrive. This development further reinforces Luxembourg’s commitment to creating a diverse and vibrant workforce, capable of driving innovation and growth.
Luxembourg’s commitment to supporting start-ups is exemplified through the successful implementation of the European Space Resources Innovation Centre (ESRIC) Start-up Support Program. We are pleased to announce that five new ventures have joined this dynamic initiative, benefiting from mentorship, funding opportunities, and access to Luxembourg’s extensive network of investors and industry experts. The program’s continued success underscores Luxembourg’s dedication to nurturing innovation and ensuring the long-term sustainability of promising start-ups.
Beyond its business-friendly environment, Luxembourg offers an exceptional quality of life, making it an attractive destination for professionals and their families. The city of Luxembourg ranks among the world’s top 20 most livable cities, boasting a high standard of healthcare, education, and safety. Its rich cultural heritage, diverse culinary scene, and beautiful landscapes provide a unique blend of opportunities for work-life balance.
At the Luxembourg Trade and Investment Office for the Gulf in Abu Dhabi, we strongly believe that Luxembourg presents an unparalleled opportunity for UAE-based companies looking to expand their presence in Europe.
We are also dedicated to fostering strong partnerships between Luxembourg and the UAE by providing comprehensive assistance to Luxembourg companies operating or seeking to operate in the region. Our mission is to facilitate your growth and success in this dynamic marketplace. Whether you are an established business or a startup, we are here to aid and guide you through every step of your journey.
I am delighted to inform you about a notable achievement and some upcoming events within our Luxembourgish business community.
- Luxembourg finalist for the Emirates Woman of the Year award.
- Duke, a prestigious watchmaker based in Luxembourg, has been selected to participate in the Dubai Watch Week. This is a recognition that highlights exceptional quality and innovation.
- Visit of David Foy from Luxinnovation around the Gitex – the world’s largest tech show – in Dubai next month. Luxinnovation is a key organization supporting innovation and business development in Luxembourg. David’s visit presents an excellent opportunity for knowledge exchange, collaboration, and exploring potential synergies.
Our team at the LTIO Abu Dhabi is here to assist and guide you throughout your journey, from Luxembourg to the region and from the region to Luxembourg.
مع السلامة
Jean-Marie Frentz
Executive Director, LTIO Abu Dhabi