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2. Country Analysis The ruler of every emirate is the one responsible for any change than need to be made in his emirate. As the constitution of 1971 states, each emirate has the right to dictate its own special rules including its control over natural resources (notably oil) and revenues. Generally speaking, federal laws have been framed in a way that it does not confront the local laws of every Emirate, since every Emirate already had its own existing rules and regulations before the country’s existence. UAE’s constitution divides the source of power in the country into three: executive, legislative, and judicial. b. Economic analysis: The economy of the UAE is ranked the second after Saudi Arabia among the rest of Arab countries. with a GDP of …show more content…
With Dubai being as an exception, all other Emirates among the UAE is dependent on oil revenues. For example, Abu Dhabi’s economy mainly relies on petroleum and natural gas. In 2009, around 85% of the UAE's economy relied on the oil exports. Mainly, all Emirates have remained somehow conservative in their approach to diversification; except Dubai, which has smaller oil reserves among others, was more courage to engage into diversifying its economy. Between 2007 and 2010, Dubai suffered from a significant economic crisis. Abu Dhabi's oil wealth was able to help Dubai to overcome its crisis. But unfortunately, Dubai is currently in a severe deficit. UAE and Dubai specifically relies also on tourism; given the fact the world's fanciest hotels are located in the UAE. UAE’s diversified economy relies on construction sector, the uprising industrial sector, and its successful services sector. Speaking about the construction sector, it is believed that there is currently $350 billion worth of construction projects across the UAE. The UAE is an active member of the WTO (World Trade Organization) and
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.
The construction industry plays an important role in competitiveness and prosperity of the economy in terms of its significantly contributing to shelter, infrastructure and employment (Anaman and Osei-Amponsah, 2007). A number of researchers have investigated on the vital role of the construction sector to the overall economic growth. In Rhodes’ paper who stated the construction industry in the UK contributed £83.0 billion in economic output in 2012, which accounts for 6% of the total. Also, workforce jobs in the construction industry in UK were 2.03 million in 2012 and 2.12 million in 2013, account 6.4% and 6.5% in total respectively (C. Rhodes, 2013). Oladinrin indicated the significance of construction linkage with the aggregate economy in Nigeria by studying on construction output and Gross Domestic Project (Oladinrin and etc., 2012). A recent report of U.S. Bureau of Economic Analysis showed that the GDP value added of construction industry was $652,723 million in 2014, 3.7% of total GDP (http://www.bea.gov/industry/gdpbyind_data.htm). Besides, a report of U.S. Bureau of Labor Statistics stated the employment by construction industry sector take 4.7%, 3.9% and 4.5% in the year of 2002, 2012 and 2022 respectively (http://www.bls.gov/emp/ep_table_201.htm). The construction industry has been playing an influential role on domestic GDP in China (Zhou and Liu, 2007). A report of National Bureau of Statistics of China
They increase the spending on connectivity and human resources (Saudi Arabia Emergence Innovation Kingdom, 2014). Saudi Arabia is the largest economy in the Middle East and the richest Arab country. The economy of Saudi Arabia is entirely based on oil (Smetoolkit.org, 2014). Saudi Arabia is the 19th largest exporter and the 20th largest import market in the world (Saudiembassy.net, 2014). Exports now in the kingdom include all economic sectors.
Much of the modern political Arab world was born at the end of World War I, as outside powers divided up their shares of territories that were loyal to their regimes. For example, Iraq, Jordan, Syria, and Lebanon came to exist along side the precarious state of Palestine. By World War II, these states had begun to want independence, and the following decades would witness revolution, regime change, violence, and, ultimately, a break from the grips of the Ottoman Empire and European powers (Provence). Today, the so-called “Arab Spring” uprisings, ongoing now for several years, are in part as a result of mid-20th-century political rule and administration by outside powers.
Crimes punishable by the death sentence in Saudi Arabia include murder, serious attacks on the Islam religion, adultery, dress codes, and since 1987, drug smuggling. Under Saudi Arabian law, serious crimes merit serious consequences. Repeated theft is punishable by amputation of the right hand, administered under anesthetic. Because most meals in Saudi Arabia are eaten by hand from a communal bowl and only the right hand may touch the food, this punishment effectively bans the convicted thief from society. The severity of this punishment has led to a slight softening of the law in recent years; now if the thief repents and makes restitution before the case is brought before a judge, the punishment can be reduced... furthermore, the victim of the crime may demand payment rather than amputation of the thief’s right hand, and in some cases the victim is even permitted to parden the criminal. In a typical year at least ten hands amputations are carried out for repeated thievery in Saudi Arabia. (Goodwin, 1943) Today in the United States, crimes such as theft are punishable by jail sentence if they have more than one thievery act.
In James Joyce's short story, "Araby", the speaker's youthful idealism and naïve fantasies are left shattered when a trip to the bazaar awakens him to the dark realities of his life. The narrator, a nameless adolescent Catholic schoolboy, is living in an oppressive and joyless environment, yet he is able to detach from the frustrating grimness of the surroundings by immersing himself in a confused infatuation for a neighborhood girl. With unrestrained enthusiasm, the boy allows himself to be consumed with foolish lust and adoration for a girl whom he "did not know if ›he would ever speak to" (Araby 112). In truth the girl, sister to the boy's friend Mangan, is a virtual stranger, but in his mind the boy has transformed the girl into an
Along with Karachi, Dubai is recognized as one of the fastest growing cities in the world. Dubai is also known as the world’s biggest building site built in the desert. Its annual gross domestic production has reached about 20 billion dollars with relatively small population of 2 million people. The effective government strategy of shifting Dubai into a tourist and business destination from oil production has been greatly worked and contributed to its economic development. Country also improved its duty-free shopping as it built variety of shopping centers, hotels, and office blocks and moreover, one of the largest airports in the world. Dubai government also set up free trade areas and encouraged investment from overseas.
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
Dubai - The Introduction Dubai is the most popular city and emirate among the seven Emirates of the United Arab Emirates. It is the second-largest in terms of territorial size after the capital, Abu Dhabi. This emirate is located southeast of the Persian Gulf. Dubai is a global city and business hub, and as of recent, it has become a site to see for many tourists. Although statistics show that as of 2012, Dubai is the 22nd most expensive city in the Middle East, it is still rated as "one of the best places to live in the Middle East."
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.
In conclusion, the differences in practices are major due to different markets and culture. Even though they might be the smallest of the four, they are the largest in the Middle East. Dubai and the rest of the Gulf are booming and the markets are getting bigger everyday. I personally think in the future they will attract the big corporations and will already have many clients from the SMB’s, which will keep them on top.
But the causes are complicated and close examinations are needed to gauge the degrees of developments of the two economies. One year's performance does not tell the whole story. Singapore is often quoted as an exemplary city to have successfully embedded its development strategy within the global economic circuit thus becoming a major regional/global head-quarter, financial and export service as well as manufacturing centre. The main UAE cities i.e., Abu Dhabi, Dubai and Sharjah, on the other hand, are among many urban regions in the developing countries that hope to emulate Singapore as an emerging global city. Indeed Dubai is the most aggressive "aspiring city" in the Middle East and North Africa region pursuing this goal within its 20 year strategic development plan. Although there have been a number of research examining the impact of globalization processes on urban and regional development in various geographical areas including Singapore, there is a distinct lack of studies on the Middle Eastern Region particularly the UAE cities. These are in spite of the increasing prominence and role of these cities in the regional/global economy as emerging regional gateway and headquarter centers. In view of this, the following study delves into the very path that each of the subject cities has employed. It is an attempt to evaluate both the past development and the present and future capacity of their milieu, to accomplish their respective 'development visions' and emerge as centers of the global supply chain. The report will demonstrate a brief comparison of economic indicators between the economies of the United Arab Emirates and the Republic of
From a desert outpost on the world map, Dubai has successfully turned itself into becoming one of the most sought-after travel destinations in the United Arab Emirates. The ambitious city-state of high-rise buildings, sunshine and of course, the shopping malls offered by Dubai attract a large number of tourists each year.
Gibling C. 2013. Construction Process and Post Construction Impacts of the Palm Jumeirah in Dubai, United Arab Emirates. Memorial University.
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...