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SMEs leaving Dubai
- United Arab Emirates: Sunday, July 09 - 2006 at 08:40
Small to medium sized businesses are moving away from Dubai's free zones, put off by high rents and a lack of space, reported Gulf News. Companies are looking to other emirates such as Ras Al Khaimah which cost significantly less than Dubai. A start up business in RAK can expect to pay $6,000 for a year's rental plus trade licence, while in Dubai, a similar operation could pay around $27,000.
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Jonathan Sheikh-Miller, Deputy EditorSunday, July 09 - 2006 at 08:40 UAE local time (GMT+4)
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