A new strategy to create economic and creative free zones in universities across Dubai is poised to propel the emirate's startup sector to new heights and play a significant role in the UAE's future growth as a knowledge and innovation economy, experts have said.
Most people aren't inclined towards applying for a job that advertises that it can't really pay you at the moment but promises equity someday in the future. But not only did Ishita Sood apply to it immediately, she also accepted the role as WakeCap's founder without putting anything on paper and before the company was officially formed.
Wannabe entrepreneurs in the UAE can benefit from changes in the country’s labour system that allows for employees to take on part-time work in addition to their full-time roles, a legal expert has said.
For businesses to hire with confidence and mitigate employment risk, a consistent level of due diligence should be undertaken for all candidates to verify basic details such as identity, previous employment, and education history.
Regardless of how innovative and high-quality your startup's products and services are, the quality of your team will be the most important determinant of whether your business succeeds or fails.