For
Roland, Dubai is positioned at a unique nexus between global capital,
multinational corporate interests, and small and medium enterprises from
emerging markets in Africa, South Asia, and the Middle East. The safety,
security, and rule of law Dubai provides makes it a natural point of interest
for any multinational investor, and makes accessing capital for start-ups far
easier in Dubai than in most other cities in the Indian Ocean, like Beirut or
Mumbai. The presence of multinational industries also allows for rapid
scaling-up of these smaller industries in the innovation economy through
partnerships with and annexation into larger global organizations. Roland
explained that Dubai's strength is in connecting those interested parties, and
offering that rapid scaling. No other regional hub has the same amount of
global interest, and no tech hub in America or Europe has access to as much raw
talent and innovative interest as Dubai, the aspirational space of most of the
Indian Ocean. Today, new incubator and accelerator programs are becoming much
more frequent, and within less than a decade, have already moved forward
tremendously in the UAE, and in the Middle East.
Roland
praised Dubai and the UAE more broadly, for this vision which stems from the city's
and the country's leadership and commitment to a genuine culture of capitalism.
A copy of “My Vision” the book written by Sheikh Mohammed bin Rashid Al
Maktoum, the ruler of Dubai, sat on the table in the room where Roland met with
us, echoing his veneration for the city's leader. Even on those matters where
he saw room for improvement, Roland maintained his respect for the city's
leadership, in the careful balancing act that all nations undertake and which
Sheikh “Mo” has carried out superbly. Roland's office overlooks the Burj
Khalifa, the tallest building in the world, and a major symbol for Dubai. He
told us how the massive tower is more than just a building; it is a testament
to the city's commitment to pulling possibility from the impossible, and about
finding ways to look past critics and challenges to make things happen.
Roland's description of the spirit of Dubai describes the spirit of
entrepreneurship, and his passion for it is both apparent and inspiring.
~Kevin Hack, 1st year Middle East Studies concentrator, SAIS
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