Entrepreneurship in the United Arab Emirates
Dubai is in the middle of desert but it has all the western developed city features – wide highways, the most luxury hotels on the planet, skyscraper buildings. These are benefits from oil reserves and an open diplomatic policy even under Kingdom regime. More than 75% workers are non-national (mostly from Bangladesh, Pakistan, Malaysia, and Indonesia). More than 96% are Muslim and speaking Arabic. But, English is widely used, making it possible to conduct business easily.
More than 200 factories operate at the Jebel Ali complex in Dubai, which includes a deep-water port and a free trade zone for manufacturing and distribution in which all goods for re-export or transshipment enjoy a 100% duty exemption. A major power plant with associated water desalination units, an aluminum smelter, and a steel fabrication unit are prominent facilities in the complex. Except in the free trade zone, the UAE requires at least 51% local citizen ownership in all businesses operating in the country as part of its attempt to place Emiratis into leadership positions.
One of the interesting facts in UAE is that they promote and encourage aggressively the role of women in business world although it is Muslims society.