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While by no means is Dubai going to be Silicon Valley, there are very encouraging signs for business in Dubai. I have spent about a month or two there over the past two years. As it has already been eluded to, there's tons of money there. In the last five years, every major consulting firm has an office in Dubai. Every major tech company has an office in Dubai Internet City. The city is organized into economic industrial units - Festival City, Healthcare, International Financial, Sports, Media, etc. From the tech startup side, if you have a financial, native backer, you're fine to startup a company. There is a booming business for networking, like Cisco and Cisco partners. The market exists there for tech startups, but probably not for web startups as censorship of the Web varies. As for lifestyle, it doesn't get much better than Dubai. It's a fantastic place to live. When you think about falseprophet's post, a lot of the same applies to LA, yet millions call it home. As for local skilled labor, there are many people out there seeking jobs in Dubai from neighboring Gulf countries, and the growth of the Doha campuses are contributing to a young tech talent pool in the area. |