Does government give itself an advantage in private enterprise?
An anonymous commenter on an earlier post asks some tough questions:
Considering the red tape in Dubai for entrepreneurs and the almost impossible competitive laws, make it very difficult to establish and grow a sustainable organization. Now, with the launch of Dubai Government's own event management company, where does this leave us, seriously? When almost every profitable sector is dominated by semi-government companies including airlines, telecom, insurance, finance, banking, and now something as peculiar as event management too? Are we to be scared of the future business climate here? How much longer will it be until every industry has a semi-government entity in it, that can grow seamlessly without the hurdles that we go through, such as visas, permits, bank guarantees, etc.Readers, what do you think?
Labels: UAE government