But it is clear that those who approve of changing the incentives package are getting stronger and bolder in their arguments. Rising regional and international competition, they suggest, means Dubai needs to increase its competitive edge in order to maintain its status as regional business centre - especially in the light of the kinds of deregulation among other centres in the region, and, for that matter, in the world. The extensive coverage of this topic in the local media is another of the ways in which the issue of allowing full foreign ownership of enterprises has been declassified as a sensitive issue. The official maintains that the government's approach is not a response to a decline in Dubai's investment appeal. All available indexes show a consistent growth in foreign and local investments and the numbers of new companies.
New initiatives aim to put Dubai in a stronger competitive position in the twenty-first century.
The cost of doing business and residence in the emirate is much less than in many other centres, and we are keen on maintaining this edge. The most comprehensive survey of executive salaries in the region. The latest ranking of the Gulf's best business cities, based on their economic weight and their importance as centres of international business.