Like a latter-day Phoenix, Dubai’s economy has risen from the ashes and is soaring high and fast. So strong is the take-off that the crucial revenue-earning tourism sector has achieved a rare trio of simultaneous plusses – rising hotel rates, an increasing number of visitors and a growing quantity of hotel rooms.
The recognition of small and medium-sized enterprises (SMEs) as generators of jobs has become a proven fine art in Dubai, with the establishment of a dedicated agency inside the Department of Economic Development (DED). Between 1000 and 1200 would-be entrepreneurs approach the agency annually seeking advice, help and sometimes practical assistance...
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