An Andiamo food truck at the Abu Dhabi Food festival. Mobile businesses are booming in the UAE. The National
An Andiamo food truck at the Abu Dhabi Food festival. Mobile businesses are booming in the UAE. The National

Mobile businesses are on the rise: some ideas you can start today



Mobile businesses are very popular in the UAE - whether they be food trucks, pop-up exhibitions, ice cream vans, or even four-wheeled fashion outlets as in the case of Moving Boutique, one of the latest business ventures popular in the local scene.

Moving Boutique, as its name suggests, is a vehicle that stocks multiple fashion wear such as abayas and kaftans and accessories, and travels to different locations across the UAE in the form of a pop-up shop.

The trend doesn’t stop with SMEs. Tryano, one of Abu Dhabi’s leading department stores, also offers a mobile home service where, upon a customer’s request, items are brought to their residence for trial and purchase.

Last month I visited the headquarters of The Food Truck Co in Dubai where many of those mobile trucks are manufactured to become florists or restaurant businesses, for instance. Until recently, mobile businesses were limited to food trucks, but not anymore. The Home Spa, is another Emirati firm that provides beauty services for women in the comfort of their homes.

If you think about it, it all makes sense. People are extremely busy, time is of an essence, and travelling across town to conduct errands takes up a large amount of time. Globally also, mobile businesses are increasing rapidly. The Economist reported last year that the United States had over 4,000 food trucks, and the industry's revenue grew 7.9 per cent from 2011 to 2016.

The benefit of having a mobile business is that you are not tied to a certain location, meaning that you have more exposure to clients. If you operate a food truck, for example, you can be present wherever the clients are, in whatever city. And, depending on your business, generally the start-up costs are fairly low, meaning that you will gain profitability faster.

Here are a few ideas for mobile businesses you can start:

Personal training: If you are a licensed trainer or know someone who is, then starting a personal training business that provides competitive rates to gyms, and with a focused attention on individual clients, could be a great way to earn some money. What you could do is rent or buy a car, and have a trolley or a cart mechanism that would allow your trainer to move equipment around. This is one of the challenges that some trainers face in that they can't transport equipment in their personal cars as many are just too small. Consider a small van, with a cart that could be easily moved in and out.

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Moving spa: Beauty is always in demand so clients will be there, and you will also have a competitive advantage if you can provide personal and professional salon services at a rate competitive to that of a salon. For years, I used to deal with a manicurist who provided exceptional professional service at very good rates. Unfortunately, she didn't develop her business further. Blow Out & Go, on the other hand, is a great success story of a hair and makeup stylist business that travels across the country providing professional services at competitive rates to local businesses. In fact, the owners are now looking taking their business global.

Photography and videography service: As I've discussed in previous articles, in a couple of years most of the Web traffic will be dedicated to videos. In this region especially, people are extremely visually-aware and businesses that are enhancing their presences online on social media will need to constantly work with videographers and photographers. If you have a knack for that, consider a mobile photography and videography business. The better your rates, the more loyal clients you'll have. I've worked with many videographers in the past for my clients but lately I've been loyal to one because of the great rates she offers, fast turnaround and professional service.

Catering services: Catering is a great business for anyone who has an exceptional culinary skills and who knows what is trendy in terms of food, cutlery and presentation. It only takes a handful of successful events, especially if you work with corporations, before you becoming well known. Catering is also a good stepping-stone to opening a pop-up restaurant, or expanding your offering to include weddings, or bigger ceremonies.

Overall, if the business you have in mind can be operated in a mobile way, then I’d suggest you give it a start that way. It could also provide you with a great opportunity to test the market, and see from which areas do you receive your most business demands, and also provides you with a more intimate channel with your customers.

Manar Al Hinai is an award-winning Emirati writer who manages her branding and marketing consultancy in Abu Dhabi

MEDIEVIL (1998)

Developer: SCE Studio Cambridge
Publisher: Sony Computer Entertainment
Console: PlayStation, PlayStation 4 and 5
Rating: 3.5/5

Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

TWISTERS

Director:+Lee+Isaac+Chung

Starring:+Glen+Powell,+Daisy+Edgar-Jones,+Anthony+Ramos

Rating:+2.5/5

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat

COMPANY PROFILE

Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

SPECS

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

SPECS: Polestar 3

Engine: Long-range dual motor with 400V battery
Power: 360kW / 483bhp
Torque: 840Nm
Transmission: Single-speed automatic
Max touring range: 628km
0-100km/h: 4.7sec
Top speed: 210kph
Price: From Dh360,000
On sale: September

Scoreline

Al Wasl 1 (Caio Canedo 90+1')

Al Ain 2 (Ismail Ahmed 3', Marcus Berg 50')

Red cards: Ismail Ahmed (Al Ain) 77'

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Company Profile

Name: Direct Debit System
Started: Sept 2017
Based: UAE with a subsidiary in the UK
Industry: FinTech
Funding: Undisclosed
Investors: Elaine Jones
Number of employees: 8

UAE central contracts

Full time contracts

Rohan Mustafa, Ahmed Raza, Mohammed Usman, Chirag Suri, Mohammed Boota, Sultan Ahmed, Zahoor Khan, Junaid Siddique, Waheed Ahmed, Zawar Farid

Part time contracts

Aryan Lakra, Ansh Tandon, Karthik Meiyappan, Rahul Bhatia, Alishan Sharafu, CP Rizwaan, Basil Hameed, Matiullah, Fahad Nawaz, Sanchit Sharma

Bridgerton season three - part one

Directors: Various

Starring: Nicola Coughlan, Luke Newton, Jonathan Bailey

Rating: 3/5

The specs

Engine: 1.6-litre 4-cyl turbo

Power: 217hp at 5,750rpm

Torque: 300Nm at 1,900rpm

Transmission: eight-speed auto

Price: from Dh130,000

On sale: now

The years Ramadan fell in May

1987

1954

1921

1888

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Most polluted cities in the Middle East

1. Baghdad, Iraq
2. Manama, Bahrain
3. Dhahran, Saudi Arabia
4. Kuwait City, Kuwait
5. Ras Al Khaimah, UAE
6. Ash Shihaniyah, Qatar
7. Abu Dhabi, UAE
8. Cairo, Egypt
9. Riyadh, Saudi Arabia
10. Dubai, UAE

Source: 2022 World Air Quality Report

MOST POLLUTED COUNTRIES IN THE WORLD

1. Chad
2. Iraq
3. Pakistan
4. Bahrain
5. Bangladesh
6. Burkina Faso
7. Kuwait
8. India
9. Egypt
10. Tajikistan

Source: 2022 World Air Quality Report

Australia World Cup squad

Aaron Finch (capt), Usman Khawaja, David Warner, Steve Smith, Shaun Marsh, Glenn Maxwell, Marcus Stoinis, Alex Carey, Pat Cummins, Mitchell Starc, Jhye Richardson, Nathan Coulter-Nile, Jason Behrendorff, Nathan Lyon, Adam Zampa