Essay On Business Environment Analysis

Dubai is second in size at 4,114 square kilometers after the much larger Emirate known as Abu Dhabi, which takes up most of the land in the UAE. Dubai may have been founded in 1833, but the UAE had not been officially formed until 1971. People in Iraq figured out something that would allow Dubai to flourish economically. The people figured out that Dubai used to be a promising trade location roughly 3000 years ago. Following this discovery by the Iraqis, Dubai quickly began participating in the trade market on their port right off the Persian Gulf, which is a prominent source of oil. So Dubai went straight to it and never looked back. So therefor Dubai's economy over the years has been extremely wealthy. The economy has been at this higher economic status because of one major reason trading oil. Dubai benefited trading oil because they got more money and more control of the world's

Saudi Arabia is the largest consumer of petroleum in the Middle East. 60% of the primary energy consumed in Saudi Arabia is petroleum-based and the rest being natural gas. The daily consumption of petroleum stands at 2.4 million barrels. This occurred mainly due to the strong economic and industrial growth that the country is experiencing and the subsidized petroleum prices (Smil, 54). The increasing growth in the level of consumption was due to the direct burning of crude oil to generate power, and the use of natural gas in the production of petrochemical products (Smil, 56). The Saudi government estimates that the domestic energy consumption will exceed 8 million barrels per day by the year 2030, unless there is any improvement concerning the increase in energy efficiency (Sunderasan, 2011). Saudi Arabia has a large reserve for hydrocarbon and a heavily subsidized energy sector, and this prompts the question whether there is a sustainable market for renewable energy. The following graph illustrates the increasing use of oil in the consumption trend on exports.

With the high energy consumption, it is therefore worrying to imagine that the main energy source being used in the region is still derived from fossil fuels. This concern was expressed by the chief economist at DIFC, Dr. Naser Saidi. In his opinion, the GCC countries should act with caution regarding their use of the oil reserves instead of relying on them for financial support. Dr. Naser alleges that Kuwait will run out of oil by 2017 whereas Saudi Arabia’s reserve will be spent by 2035 that is if they continue using at their current rate (Gulf Business, 2012). Apart from the climate, the use of materials also has an effect on energy spent as it limits the use of

Most countries affected by the civil wars have been cut off from any regional connections therefore they weren’t able to attract many of their regular customers. The UAE has taken that to their advantage by reeling in the customers who would normally shop in Egypt, Syria, Tunisia, Libya and Yemen and give them the opportunity to shop in places in the UAE instead of in a dangerous country. This has led to a 10% rise in spending by shoppers affected by the Arab Spring. The United Arab Emirates is known as a modern country with a stable government system that the public seems to respect. Governments from different countries such as Syria have shut down Internet and power connections to avoid the world to see the troublesome county. Because of these barricades, countries such as the United States and England have been keeping a close eye, especially since they cannot export and import products between countries. Perhaps the Middle East would’ve been better off without the Arab Spring.

Apple Inc. was founded in 1977. To date, this company has continually offered a wide range of products to meet the growing demands of customers all over the world. Apple not only produces and sells computer software and cellphones; they also distribute consumer electronic products around the globe. Increasing the value of shareholder and coming up with new inventive products is a constant process for Apple, and Apple continues to do so with their popularity around the world with about 301 store locations in 10 different countries. Aside from all of

The political stability in the UAE has been stable in the economy for many years. The UAE is a well-developed country that provides a good level quality of life and a high standard of living. “The country is ranked 12th out of 45 in the markets around the world by expats as a destination to live and work” (Augustine, 2016). With the UAE having a high rank, especially higher than above average it would be great for the foreigners to move into UAE to have a good quality of life. The business within the country provides many job opportunities. The UAE is considered an expat heaven due to the good job opportunities and the high standard of living embedded within the community. The UAE can be known for starting a business and making a career out of it for many of those that wants to be successful, which is higher than the global average of 51%. “UAE is also among the top three destinations for people looking to find a purpose in their careers” (Augustine, 2016). This shows how stable this country is and in the business industry that more foreigners are willing to move to this country increasing the population. More than half of UAE expats made more money in the UAE compare to their original countries, therefore the average salary in the UAE is about “14% higher than global average” (Augustine, 2016). With the financial benefits provided for the expats around the world coming to UAE, the UAE will remain at a high rank for a long time

In the late twentieth century, the Middle Eastern nation of the United Arab Emirates (UAE) began to make plans to distance itself from the petroleum industry that dominates most of the Persia. Driven by the fact that internal experts believe the country’s oil reserves will be depleted by the year 2012, the UAE is attempting to transition to a service industry, with a major focus on tourism, retail, and entertainment. In order to transform its economy, the UAE is first focusing of the already advanced city of Dubai, which is the first tax free, centrally-planned, freemarket capitalist society in the Middle East (1). With an economy valued at over forty six billion

pedia enlists 269 power plants, all of which runs on oil/ natural gas - replacing

The UAE is one of the riches nations in the world as measure by per capita GNP. The economy is primarily based on the oil

Because of Dubai’s dependency on tremendous amount of energy needed for running the industries and supporting its rich lifestyle, it has the largest energy consumption level. The world’s tallest building, the Burj Khalifa, alone uses water equivalent to 20 Olympic-size pools of water a day to keep it cool. Dubai’s major industrial projects like aluminum smelting and steel production also require large amount of electricity. They are fueled with natural gas from Qatar, however, there are no alternatives like solar energy or wind power. Coal instead is used for transportation, which also can contribute to environmental pollution. To cope with Dubai’s

This chapter begins with a brief background of the UAE, followed by an overview, and then the context and background of this study. Following that is further explanation of the research problem and purpose, along with the research questions and an introduction to my proposed research design. The chapter concludes with a discussion of the significance of the study along with my assumptions as the researcher, personal factors that have lead me to this topic and ending with definitions of some key terms related to this study.

THE economy of the Gulf emirate of Qatar is making even China’s look sluggish. This year it is set, by one estimate, to swell by more than 23%. Last year it grew by 10%, the year before by 13%. The IMF reckons the country’s GDP per head rose last year to nearly $84,000 at purchasing-power parity, the world’s highest figure, far above the United States’ $46,000 and Britain’s $35,000 and easily topping the rich-list of the 22-country Arab League, with Kuwait trailing on $38,000 and Saudi Arabia well behind on $23,000. Congo and

Another major contrast, is that Canada has a liberal developed economy with an emphasis on market based resource allocation. In contrast, UAE as an economy, the development has just taken place and have short history in job quality with limited rules, rights and labor standards. This may have arisen due to oil revenue, a base of few institutions and a basic economy.

Backward to long time ago, The United Arab Emirates has only area with desert and had not interesting thing to persuade foreigners visited and decided to invest at all. The United Arab Emirates’ government knows the problem and weak point of country. Then they planned to take a risk for changing their future. Budget was provided in every sector that started economic and social from a global. Then changed a regional perspective, and moving into macroeconomic indicators, contribution of various sectors to GDP, diversification strategy (produce or create new thing for new market always), international trade, and the special case of Dubai (Do it like the heaven of people). Government build beautiful place as Dubai attracts tourist visit to gain more revenue, being the center of investors and stimulates a circulation of money flow within country. This is the special thing that international country would like to imitate but has a lots risk. It looks quite easy to change the place has nothing to be civilization or modern city but maybe it is hard to change the country that has everything more than they

Emirisation policy aims at developing more workforce among the nationals of UAE through education systems, training and career development so as to reduce the number of non-nationals in the countries and encourage employment of the nationals (Rees Et.al, 2007). This in turn may