"I'm aware of six or seven government airlines that have been thinking about going private in recent years," said Adel Ali, CEO of budget carrier Air Arabia. "Airlines are expensive things - in most places, you find that the government is spending a lot of money on them."
"[Going public is] a double-edged sword - it exposes you, but it brings a lot of discipline to the business," said Ali.
Sharjah-based Gulf Petrochem has ballooned into a $2.5bn oil conglomerate in less than 20 years. Co-founder Sudhir Goyel reveals why the UAE is no longer the centre-of-attention, as global plans take hold.