03 April 2008
Business, and Freedom, in Dubai
Bloomberg has an excellent article on Dubai. Go here to read it. It reinforces my personal opinion that Dubai is a good place to make some money but you have to trade off some personal freedoms to do so. It then becomes a decision as to what those personal freedoms are worth to you.
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[It then becomes a decision as to what those personal freedoms are worth to you.]
Take away the need to have a local sponsor if one is operating within the city. As far as I know, there's no need for one in the Free Zones.
Look, whatever rosy picture Bloomberg, WSJ, NYT, CSM, Fortune, Forbes may paint about Dubai (and they're paid for this PR, mind you), the fact remains it all depends on the ruler's mood swing. One fine day, he can just issue a decree and you end up broke.
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