The former ruler of Dubai, His Highness Sheikh Rashid bin Saeed Al Maktoum would often say, “If it’s good for business, it’s good for Dubai”.
This enlightened policy was a principal driver behind Dubai becoming first a regional trading hub and then one of the major business cities in the world, a city that sits at the crossroads of Asia, Africa and and Europe and is perfectly positioned to leverage opportunities in a region that has nearly half the world’s population and economic output.
The textile trade was among the first to set up in Dubai. Enterprising merchants from the Middle East, Asia and Africa came to Dubai because of its liberal business environment, excellent infrastructure, stable and predictable regulatory framework and cosmopolitan environment.
With the enabling policies of the government, the textile trade prospered in the city. Today, the textile trade employs over 10,000 people and has business links with over 50 countries.