Emiratis share ownership in 95% of firms
12 Sep 2010
UAE nationals share ownership in 108,035 companies or 94.9 per cent of the 113,832 registered in Dubai (outside the free zones), according to Dubai Chamber of Commerce and Industry. The total number of companies registered in Dubai exceeds 135,000, including offshore companies and those registered with free zones. However, in terms of sole ownership, Emiratis […]
Stock options could benefit UAE companies
7 Sep 2010
It’s not easy to build mutli-levels of shares and it makes it difficult for people to use share holding as a form of incentive for employees,” Prashant Gulati, the secretary general of the Indian Business and Professionals Council in Dubai, told Gulf News.
Business Councils Vital Lifeline for New Entrepreneurs
25 Aug 2010
“Connectivity is the major reason why SMEs look to Dubai as a base,” Prashant Gulati, secretary-general of the Indian Business & Professional Council (IBPC) told Gulf News.
Industry ventures get low priority
14 Jul 2010
Prashant Gulati of The Indus Entrepreneurs Dubai believes many prospective Emirati entrepreneurs consider the industrial sector as being too technical for them. Government agencies can change these perceptions by focusing less on technology.
Taking a bite out of the latest food frenzy
25 Sep 2009
Stores selling the humble cupcake are popping up all over Dubai as the city goes on a major sugar rush and entrepreneurs clamber aboard the bandwagon. The trend reflects the go-getting nature of Dubai and the eagerness of its citizens and residents to latch on to any business opportunity. And the emergence of all those […]
Innovation critical to Dubai’s success
13 Oct 2010
A lot has been said and seen about Dubai having built something out of what was considered nothing. A long time ago, its founders started a tradition of welcoming people with diligence, ideas and perseverance to come here and prosper, which has continued in its various reincarnations. In recent years, its speed of growth and […]