Under the patronage of Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Dubai will host the 3rd Annual 2012 Global Entrepreneurship Summit (GES) next month. The two-day event, opening on Dec 11th will boost the international prestigious position of UAE in entrepreneurship and offers key stakeholders clear insight into the regional new business climate, in a constructive and peer-to-peer setting, whilst providing entrepreneurs and SMEs with access to institutional and private investors seeking to explore new business alliances. Mohammed Abdullah Al Gargawi, Minister for Cabinet Affairs and chairman of the organizing committee affirmed that holding of this international event embodies the excellent stature that UAE has achieved under its wise leadership through pioneering of various economic, trade and investment sectors regionally and globally. He added that UAE has gained the confidence of the world as a regional destination for entrepreneurship and as a model country which ensures suitable environment for business and investment that other regional economies did not provide in terms of laws and regulations that guarantee the investors and businessmen as well as the freedom of capitals movement, without routine procedures. The summit will discuss creating job opportunities, deepening communications and partnerships between UAE and Arab business leaders, foundations and entrepreneurs and countries all over the world.