Doing Business in the Middle East Essay

The role of the Middle East has been very crucial to the United States, especially after WWII. The U.S. had three strategic goals in the Middle East and consistently followed them throughout various events that unfolded in the region. First, with the emergence of the cold war between the Soviet Union and the U.S., policymakers began to recognize the importance of the Middle East as a strategic area in containing Soviet influence. This also coincides with the U.S. becoming increasingly wary of Arab nationalism and the threat it posed to U.S. influence. Secondly, the emergence of the new Israeli state in 1948 further deepened U.S. policy and involvement in the region while also creating friction between the U.S. and Arab states which were

The Middle East was under the control of the Ottoman Empire for many centuries. It was declining but still in control until World War 1. World War 1 impacted the modern Middle East a tremendous amount. Who controlled the Middle East changed because of oil, resources, and the relationships between Israelis and Palestinians also changed drastically.

trillion dollars in 2008 but in 2017 they have a GDP of over 17 trillion dollars in 2017, according to

The US 's nominal GDP is estimated to be $17.528 trillion as of 2014. From 1983 to 2008, U.S. real compounded annual GDP growth was 3.3%, compared to a 2.3% weighted average for the rest of the G7. The U.S. ranks ninth in the world in nominal GDP per capita and sixth in GDP per capita at PPP. The U.S. dollar is the world 's primary reserve currency.

According to Dr. Bacevich, “The Greater Middle East was to serve—indeed, was even then already serving—as the chosen arena for honing military power into a utensil that would maintain America’s privileged position and, not so incidentally, provide a continuing rationale for the entire apparatus of national security.” However, rather than helping either the Middle East or America, this approach has actually caused a great amount of harm and only creates more dictators, internal strife, and terrorist groups. The interests of the United States and the Islamic World have never aligned and the Middle East is resistant to shaping.

The United Arab Emirates is a country located in the southeast of the Arabian Peninsula on the Persian Gulf. Until the 1950s, the UAE’s economy relied mostly on fishing and the declining pearl industry. The late ruler of Abu Dhabi, Sheikh Zayed, was quick to recognize and grab hold of oil industry’s potential. By the 1960s, the UAE had exported oil for the first time from Abu Dhabi, the country’s capital, this step led to a major transformation of the country’s economy and society. The discovery of oil was particularly helpful in leading to the UAE’s independence from Great Britain in 1971.

In 2015, the gross domestic product was seventeen point four trillion dollars. The unemployment rate fell to all time low of five percent. The inflation rate for 2015 is negative zero point two percent. Hopefully we can maintain these numbers in the

United Arab Emirates occupies a total area of about 83,600 square kilometers (32,400 square miles), along the south-eastern tip of the Arabian Peninsula between 22°50 and 26°N and between 51° and 56°25 E. The UAE has 1 318 km of continental coastline along the Persian Gulf. The inflation rate, exchange rate and currency stability are important factors to consider in International trade, economically, the UAE has a 4% of GDP growth in 2012 with a lower inflation rate of 1.1%, In terms of days and cost of import procedure (United Arab Emirate). The Urbanization rate of the region is 84% (UAE) which would contribute to the product awareness in necessary part of the region since the urbanization rate is high. The common languages in

The Middle Eastern culture has many different nationalities within their population including Arabians, Iranians, Iraqis, Pakistanians, Egyptians, Saudi Arabians, and many more. The most common religion found in the Middle East is Muslim. However not every Middle Easterner is Muslim, there are also other religions just as in any country such as Christian and Jewish. There are more than seven million Muslims living in America and over 1.5 billion worldwide. Many Middle Eastern Muslims who are conservative with their religion do not eat pork or drink alcohol. Some eat only Halal meat, which is meat that is slaughtered according to Islamic tradition. Muslims pray five times a day facing Mecca, and also observe a holiday called Ramadan.

As it stands, Oman is a very lucrative place to conduct business in. Over the past several years, foreign investors have been eyeing up Oman as the next big destination for starting their business in. With great government facilities, skilled labor and a very demanding market, the opportunities are limitless for entrepreneurs. In order to start a business in Oman, one must know how to operate one. There are few simple steps that they must follow before they can start their business in Oman.

From its rich and varied cultural history and practices to its stunningly beautiful cities full of unique architecture, Saudi Arabia is a fascinating country. With its acknowledged status as the birthplace of Islam, Saudi Arabia is an important cultural and religious hub for many who come seeking spiritual enlightenment or simply a chance to experience the bustling cities and thriving commerce of the prosperous metropolises. With a population of over 28 million people, Saudi Arabia is a vital part of the Middle East, with some major influence on the Arab countries around it. In order to fully appreciate the unique customs and overall societal expectations of this or any other country, one must understand not only its geographical location and a few key facts about it, but how it functions both as a nation made up of many diverse minds, and as a singular driving force in the complicated dance between all the nations of the world. With this in mind, there are several factors to consider when studying a country such as Saudi Arabia, namely, the main language, the major religion, the culture and cultural norms, and the business etiquette.

In this week’s reading, we cover various topic about the history of the Middle-East, and its complexity as it relates to the contemporary crises in which destabilizing the Greater Middle-East. To be frank, I believe there are two majors issues destabilizing the Middle-East: (1) the rise of the Islamic State (ISIS) and (2) a future nuclear-arm Islamic Iran. It worthy of noting that the intricacy of the Middle East did not start with ISIS, arguably so, the Middle-East was always a chaotic place. After the rise of ISIS, this organization managed to expand its operation beyond the Middle. The ISIS group became and still is the most dangerous criminal organization. Among many of their criminal activities, they are in part responsible for

There is a significant divergence between the American and UAE cultures. The distinctions between these two cultures are such that life would be significantly different if individuals from one culture were born in the other. Aside from this, there are some significant differences in the business dynamics of both nations. UAE is characterized by a much lower unemployment potential in comparison to the west. Also, the business economic potential is higher given that, companies in the UAE operate in a money-rich environment in comparison to those in the U.S. Given that the government caters for a significant percentage of the healthcare costs; the business profit margins are also quite high. The factors above serve to avail an understanding of the degree of divergence between the business cultures in the two nations. The Alliance team needs to understand that the business approach to be employed will be dictated, to a large extent, by the UAE culture. Therefore, it becomes critical to ensure that a deep comprehension of the culture and its divergence from the American culture is developed.

Gross Domestic Product (or known as GDP), is defined as, “aggregate output as the dollar value of all final goods and services produced within the borders of a country during a specific period of time, typically a year” (McConnell, Brue, & Flynn, 2012). This measures the value of the output in monetary terms, and you can check current trends of the GDP by taking a look at the Bureau of Economic Analysis website. Today, we are taking a look at the “Release Highlights” link to check the most current trends within the GDP.

The United Arab Emirates (U.A.E) is a federation of seven Emirates that was formed on December 2 1971. It is located between the Arabian Gulf and the Gulf of Oman and it is bordered by Saudi Arabia and Oman. The country has a total population of 3,740,000 as of 2004. Approximately 85% of those resideing the in UAE are not native to the country. Arabic is the official language,