Does anyone have experience or interest in Dubai?

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November 08, 2023

by a searcher from University of Toronto in Dubai - United Arab Emirates

Currently searching for partners or investors in the Dubai to start a search fund.

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Reply by a searcher
from Ludwig in München, Deutschland
I was also responsible for a Dubai branch in my last job (and had some lawsuits there as well), and I would never search/invest there - the legal system is more based on personal connections than on laws. Recently, they changed the law so that a local no longer needs to hold the majority (there was even an industry for installing "fake local owners," and this was standard - underlining my point that there are laws which are not adhered to or are bent), so it has improved. However, it is still a high-risk game in my opinion and therefore not suited for search funds.
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Reply by a searcher
in Jaipur, Rajasthan, India
^redacted‌, you might want to check check my post below, that talks about outreaching for partnerships if that can be of help.

https://www.searchfunder.com/post/unlock-success-in-your-search-journey-with-strategic-partners

I have shared SOP of how to do it.
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