Dubai Workshop Highlights

The ArabNet Dubai Workshop took place at the Knowledge Village in Dubai Internet City on December 19, 2010 from 6 to 9 PM and was the penultimate stop of the ArabNet Roadshow.

Speakers identified the options for starting a company in Dubai and gave a brief overview on some of the challenges entrepreneurs might face. They also emphasized the use of new technologies and trends such as Social Media to help build and promote businesses.

Interesting Stats

  • 100+ attendees
  • 4 speakers
  • 50%+ of the attendees are employees turning entrepreneurs

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Sally Soubra identified the options for starting a company in Dubai, and concluded that is not possible to start a company in Dubai without renting an office
Sadiq Rashid gave a brief overview of Abraaj’s SME fund: Riyada Enterprise Development. He emphasized that it is an industry-agnostic fund specialized in growth that works at the Board level and does not get involved with operations
Gideon gave a presentation about twofour54′s mission to build a sustainable media ecosystem that benefits the entire region. Based in Abu Dhabi, it invests in both seed and growth stage companies that operate in the media sector
Derv Rao told us the difficulties he encountered in setting up Duplays. His biggest issues were the high costs of setting up and the difficulty of acquiring funds without an entrepreneurial track record
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