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Analysis of the United Arab Emirates
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Analysis of the United Arab Emirates
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Introduction
Nowadays, the world is beginning to notice the changes and differences that are happening in the United Arab Emirates. These changes involve many different things such as, economic development, improving trade, tourist attraction etc. In this assignment, we will talk about the development of United Arab Emirates and its vision on the year 2030.
The United Arab Emirates is known for its fast development compared to the early times when the world did not know about it. The country’s rulers have been working hard to develop the country in many places such as in education and business environment. Sheikh Zayed bin Al Nahyan, may he rest in peace, was the previous ruler from his son Sheikh Khalifa bin Al Nahyan, who marked the beginning of a new era, the development of the UAE’s economy and trade, education etc. Till this day, Sheikh Khalifa bin Al Nahyan still continues the plans for the UAE to continue its development.
The UAE’s vision for 2030, or known as Abu Dhabi Economic Vision 2030, is a vision guided by the current ruler Sheikh Khalifa bin Zayed Al Nahyan and the crown prince of Abu Dhabi, Sheikh Mohammed bin Zayed Al Nahyan, built a long term plan regarding the UAE’s economy. This plan was meant to reduce the need for the country to rely too much on the oil resources and rely on a different resource. According to the website, it is hoping to focus on knowledge based industries over oil resources. (The General Secretariat of the Executive Council - Abu Dhabi - Publications, 2013)
This plan focuses on two main priorities to approach economic development in Abu Dhabi, continue to try building a working economy and making sure that there is a balance between the social and regional developments as according to the “...
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...n to Islam is important for the people to remember in the future.
Conclusion
For the conclusion, Abu Dhabi Economy 2030 is set because the rulers are trying to be become one of the top governments in world. By improving Abu Dhabi, the capital city, also affects the entire country. By making the capital strong, the country will be recognize and so are the other cities. This approach is very good for the country to be known so that many things can happen here, like businesses or trade. As part of Abu Dhabi’s development, Al Ain and Al Gharbia (part of Abu Dhabi also) are also being developed. In Al Ain, because it is the heart of the country where most of the rulers grew up in, the heritage and culture is found and preserved here. Hopefully the vision can be realized, there were many worthy investments toward the vision for the benefit of the country and its people.
In 1805 a leader appointed by the indirect colonizers Muhammad Ali Pasha was given the position of Khedive representative of the ottom suttan, as ruler Muhammad desired to bring his country into the industrial age as Europe was. He was called the “Father of Modern Egypt” He brought in military experts from France to strengthen his military to European standards. He got investors to support the building of factories for textiles, such as cotton and silk productions. He drafted workers to factories for sugar, indigo dye, glass and iron. Not only did he value industrialization but also his people’s education was of great importance, he hired European scholars to teach at medical and engineering schools. He also set up a student exchange program for young Egyptians to study in European to study in European schools. Muhammad’s leadership fallowed more in the footsteps of British politics even though he reported to an Ottoman Empire leader. His focus on his country made him a strong and efficient leader, achieving so much for his country just in his lifetime. Muhammad Ali Pasha shed light on positive attribute that colonization brought to Egypt.
The city shown in the background of the photograph is Dubai, the second largest city in the state of United Arabs Emirates. However, one may be wondering, how a city came to be in that desert environment. The answer is in the natural resources the country has. The oil boom in the Middle East has led to great economic growth making some Arabian nations to become more westernized and industrialized.
United Arab Emirates have been united on the 2nd of December 1971 under the rule of his highness sheikh zayed bin sultan al nahyan. The history of this country is old although it has been united for a short time. The country consist of seven emirates that are Abu Dhabi , Dubai , Sharjah , Ras Alkhaimah , Um Al Qewain and Alfujairah, which all were united under the vision of Sheikh Zayed. UAE is located in the Middle East region of Asia continent, it has borders with the Kingdom of Saudi Arabia and Oman. It is in the south direction of the Arabian Gulf (Persian Gulf) and it contains an estimated number of 200 islands. The country covers an area of 32400 square miles with a high proportion of the area covered with deserts. Due to the high percentage of the sandy landscape, the weather is hot all year except in December and January where the...
Dubai’s debt exists as a fundamentally important aspect of modern economic research. Set against a backdrop of fluctuating stock prices, an unstable real estate market and an uncertain world economy, speculation about the future of Dubai is rife, despite Dubai initially appearing to bear the global financial crisis far better than most other affected countries.
Once a monarchy now a republic, many years later the country has faced many conflicts and flounder times, most recent the revolution of 2011, which left the country in a broken state. With success and effort to rebuild, Egypt still faces some major economic challenges. These challenges range from: reestablishing security, bringing back business, reforming subsidies, and labor intensive industries and exports. Strengthening the country’s army and government is one of the most important challenges, but leading businessmen and attracting tourist, and billionaires to come back is another very difficult challenge. Reforming subsidies and ending government controlled industries, and exports are also issues that face current president, and the rest of the government. While broken, Egypt contributes to the world economy, by providing our raw resources, many previous innovations, and exports. Bouncing back from a revolution is tough, but Egypt can become beneficial to our businesses and labor force and way of life, by growing back into prosperous and tourist full country. It can also become a host for many big industries to boost its economy even more. If Egypt remains on the same track, they are bound to have a good economy, as we can see from changes like the real growth rate which doubled within 2014 to 2015. Another change is their unemployment rate it has decreased from 13% to
Egypt, which is located in Northern Africa, has so much to offer and so much we can learn from. It’s history is very old and interesting. Most of Egypt's early history can be obtaines from reading the bible and goes back as far as 400 B.C. Their early writings called hieroglyphics have even been faud. There are many natural resources in Egypt, such as the Nile River, papyrus, and the many animals that live there. The Egyptians had many panting in the tombs. They also had many musicians and dancers who would perform at parties. Egypt has a lot of interesting history for us along with many fascinating natural resources and culture.
After the crisis UAE’s economy suffered from 2008-2009 the economy has diversified itself and does not depend solely on oil anymore but also on other sectors such as tourism. The inflation rate of Dubai is 0.33% which is also significantly low (Dubai Statistics Centre,2016).The small medium enterprise does not want to take a risk where there are fluctuations in price level thereby effecting the buying power of people and also the demand and supply of the Al-Simpkin’s product. Furthermore,the government encourages foreign investment and besides the agent there are free zones such Jabel Ali which is the largest
Nigeria Nigeria had an eventful history. More than 2,000 years ago, the Nok culture in the present plateau state worked iron and produced experienced terracotta sculpture. The history of the northern cities of Kano and Katsina dates back to approximately 1000 A.D. In the following centuries, Hausa Kingdoms and the Bornu Empire became important terminals of north-south trade between North African Berbers and the forest people, exchanging slaves, ivory, and other products. The Yoruba Kingdom of Oyo was founded in 1400s.
In 1971, Abu Dhabi, Ajman, Dubai, Fujayrah, Sharjah, and Umm al-Qaywayn declared their independence from Britain and formed the United Arab Emirates (UAE) (“United Arab Emirates Profile”). In an effort to speed up economic growth in the country, the UAE government introduced the Kafala Sponsorship System in 1971. The Kafala system was a guest worker program that allowed individuals and firms within the UAE to hire migrant workers (Malit and Al Youha). The first wave of Indian immigration to the UAE began with the introduction of this system. A few thousand Indians migrated to the UAE in the 1970’s, but their numbers dramatically increased throughout the 1980’s and 1990’s (Zachariah et. al). As of 2013, over 2.8 million Indian immigrants resided
Samarai M.A. Qudah L.M. 2007. Planning Sustainable Mega Projects in UAE. World Housing Congress. Pg 1 – 20.
In 2003 Emaar, a leading real estate company in Dubai, announced a new tower to be built in Dubai’s financial district, aimed to be the Middle East’s financial hub, thus strengthening Dubai’s plans to become the world’s “capital” city. Moreover, Emaar planned to build a unique tower in order to attract customers to invest in the tower itself and Dubai’s market. The tower was named The Burj Dubai and was intended to be complete by 2009. In February 2004 construction began at the Burj’s site. Meanwhile, the economic crisis had hit Dubai leaving many developers to go bankrupt. Abu Dhabi, The United Arab Emirates’ capital city decided to fund up to $10 billion dollars worth on going projects in Dubai including the Burj Dubai. In return the Burj Dubai had its name change to The Burj Khalifa, after the Sheikh Khalifa Bin Zayed, the governor of Ab...
Singapore as a country has had various transformations throughout its history, however the period 1950 and 1970 was quite critical. Much of these changes had a lot to do with the development of trade and manufacturing. This is without forgetting the financial sector where the intention was to come up with a financial hub that could be used in economic development. Looking at the case of Singapore, we would say that it is a productive economy with a very high market competition. This observation has been further clarified by the Swiss International Institute for Management Development, going with their report that they released in the year 2001 (Chellaraj & Mattoo, 2009). In this study, we intend to evaluate the case of political economy of development in Singapore and examine the tensions between the state and various economic institutions. In additions to examining this institution, we would also like to examine how these variables have contributed towards the attainment of favorable growth rates and economic prosperity.
Many employees in Dubai have a different opinion on how the Expo 2020 might affect the country. Abdulla Al Majeed, currently employed at Etisalat, argues how the Expo has its pros and cons. One benefit is that Dubai will have many foreign visitors which will cause the economy to bloom drastically. Dubai will have approximately 25 million visitors; therefore Dubai will make a large amount of money from all of these visitors. Another benefit is that it will provide approximately 270,000 new jobs in Dubai, as stated by the government of Dubai. While the Expo can be beneficial, one downside to it is that the traffic in Dubai will increase by a large amount. Since 25 million people will be visiting Dubai, all the roads will be packed.
UAE consists of seven emirates : Abu Dhabi ,Dubai , Sharjah, Ajman, Fujairah , Ras Al Khaimah and Umm Al-Quwain which is a federal state. Sheikh Zayed is one of the foundations of the Union on the second of december 1971 , where the Sheikh Zayed converts Emirates of empty desert into a green paradise . Consists state emblem is a science that combines four colors red , white , green and black . National anthem is the anthem Emirates National , which echoes in every morning in most government and private institutions . Abu Dhabi is the capital of the United Arab Emirates Abu Dhabi is one of the most world cities sophisticated in terms of modern infrastructure fit its position as a hub economic and political to the United Arab Emirates are They combine its role as a destination for business and tourist destination from shopping in shopping malls Superior to swap in traditional markets as well as enjoy the miles of sand golden beaches to break in one of the public parks in the city and dine at five-star hotel to the safari distinctive and enjoyable , and famous Emirate and the largest in terms of area is Dubai . Arabic is the official language of all the people of the United Arab Emirates . System of government is a federal system known from time immemorial . The head of state , Sheikh Khalifa bin Zayed Al Nahyan , who is also Ruler of Abu Dhabi , who succeeded his father, Sheikh Zayed , the Minister is the Minister Sheikh Mohammed bin Rashid Al Maktoum . Emirates has an area of approximately 83,600 km 2 ( 116 ) and estimate the proportion of water in which 1.1 percent , also the population of the United Arab Emirates to a 8.264 million rate of a million that have been counted in 2011 before 3 years . The population density of t...
Libya is a Country located in northern Africa, 90% of Libya’s land is covered by the Sahara Desert. There are no lakes or rivers, all of the country’s water supply is from underground. Libya is one of the largest countries in Africa, but largely due to its vast desert environment, the population is less than most of the other countries. Libya also has no water above ground, everything comes either from the ocean or the underground water systems that irrigate the underside of Libya. Libya’s flag is solid green, the only flag in the world with one colour and design, Libya also has a huge history of religions and cultured as well as some of the oldest architecture on the planet.