Think Positive Research

UAE SMEs, start-ups drive economic diversification

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Economic diversification, through reducing dependence on oil revenues, is the only path to success in the UAE’s corporate ecosystem. Small and Medium Enterprises (SMEs) and start-ups, which are considered the backbone of any economy, could play a crucial role in facilitating this diversification. Buoyed by the great government and bank support, SMEs and start-ups in the UAE have nothing to focus on except the key sectors they can cash in on. Dubai’s successful bid to host the World Expo 2020 has already stimulated growth in the non-oil sectors very significantly […]