The Future Of United Arab Emirates Essay

This research paper will describe Capital One’s general environment, technology and political and legal segments, forces of competition, Predicting and addressing forces, strengths, weakness, opportunities and threats (SWOT) as well as resource capabilities.

2 Ashfaq Ahmed, "UAE Nationals in Private Sector Miniscule - Study," GulfNews (June 7,2004). Harrison; Nick Meo, "How Dubai, the Playground of Businessmen and Warlords, Is Built by Asian Wage Slaves," The Independent (March 1,2005). Ahmed. 5 Meo. 6 Personal Interviews January 2005.

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.

For the better part of a century, due to a need for protection against piracy, the British controlled a majority of what was the Trucial States. A pact between these countries become the Treaty of Peace. However, in the 1950s one of the Trucial States, the United Arab Emirates (UAE), discovered oil on their lands. The UAE is a Middle Eastern country located on the Arabian Peninsula, which borders Oman and Saudi Arabia. In recent years, they have become one of the world leaders in exports, entertainment and military development. Nevertheless, the British pulled out of the region in 1971 due to the inability to afford such a prolonged stint at sea. This was against the wishes of the UAE who needed continued protection. Despite the

JPMorgan Chase & Co. is one of the world’s oldest, biggest and well-known financial institutions. With over 200 years of history, it has a significant and lengthy story to tell. Since their founding in New York in 1799, they have grown and succeeded by listening to their customers and also meeting their needs (“The History of JPMorgan Chase & Co.,” 2008). As a global financial services company with operations in over 50 countries, JPMorgan Chase & Co. combines two of the world’s foremost financial brands: Chase and J.P.Morgan. The firm is a leader in financial services for consumers, investment banking, commercial banking and small business, processing financial transactions, private equity, and asset management. (“The History of JPMorgan Chase

Wells Fargo is an international banking company that provides financial services to its customers. As an international, well known company, Wells Fargo is among the many that follow basic business management aspects. For one, Wells Fargo has a competitive advantage over some of the other companies in this type of business. For one, Wells Fargo major advantages is in the retail banking stores. It has one of the highest numbers in stores/spaces and it’s due to its large network allowing Wells Fargo to be a leader in retail banking. Another advantage this company has is the fact that is has had some changes in regulation which has allowed it to increase profits.

With a modest beginning in 2000, we are now a reputed service provider in several associated sectors/communities of the banking and telecommunication industries. We work closely with our clients to help them realize goals and cater to the growing market demands. We believe in "Delivering results more than expected". We have a great client portolio of prestigious global leaders in the relative industries on our sleeves and we look forward to building lasting/ long-term relationships founded on trust.

The quality and service experience the Discover provided is stability to effectively communicate with their customers. The most two important to things to stay competitive in the credit card industry is having the first new innovative ideal with in a business. Discover has recent introduce a new credit card called the Discover IT. A business should consist of using teamwork to build and creative environment where all members can be able to contribute their knowledge, skills and experience to solve problems with a company. Discover like to use there employee which are also there customer for feedback, so Discover know want the consumer want in a credit card The other most important critical for this company to stay competitive is always staying on top of new technology. Using soft skills with a company such as Adaptability to change Often time’s businesses tend to have growth, emerge and even globalize into large organization or use advance technology. Every individual must have the ability to change at Discover. Adaptability to change is life skill we encounter every day. It took a team of people at the Discover to come up with an innovative project. They had to understanding the process behind the idea of new card and also be able change from based on supply and demand with a company. Discover is just a Finance institution,

Madison Street Capital has maintained its commitment to integrity, leadership, and service. These tenants have led to a successful firm that is trusted by many in the industry for its corporate financial services, merger and acquisition mediation, and valuation services to both public and private companies. Madison Street Capital has developed a long track record of successful and satisfied clients with its ability to both raise capital and assist in transfers of ownership. Madison Street Capital has a unique view of emerging markets which leads to its ability to capitalize on untapped customer bases. This insight is what grants Madison Street Capital the ability to take its clients to new heights of success. Madison Street Capital has worked hard to offer multiple platforms to assist its clients. With this diverse array of services, Madison Street Capital has positioned both itself and its clients as leaders in the international marketplace. This steadfast dedication to professional service has garnered the trust of the most successful companies around the world. Its success is a testament to integrity and serves as a shining example to all investment banking firms looking to follow in its

The city of Dubai is situated in the heart of the Arabian Peninsula. Part of the United Arab Emirates UAE, this city-state is aspiring to be major metropolis and the most populated in UAE with a population of 2.1 million approx. Dubai is also one of the richest economies of the world with ‘an estimated per capita income of $37000/-’10

The financial giant has implemented a customer focused business strategy that is aimed at listening to customers to anticipate their needs in order to provide high-quality service, while managing simultaneously managing internal growth. This strategy execution is evident as JP Morgan Chase utilizes their size and strength to provide resources, exceptional banking products, and the authority need for decision-making in the field at both the global and local

In 'Most valuable bank brands by service analysis ' (Brand Finance 2015, p. 7), Santander, HSBC and BNP Paribas are well-recognized in the retail banking service. UBS and Deutsche Bank are competitors in asset management/wealth sector and ranked the 1st and 2nd place respectively. In credit card service, Citigroup, Bank of America and Barclays are all in the top 10 with the highest brand value belonging to Citigroup. This advance may result from its successful "Enabling Progress" marketing campaign that 'reinforced both its banking products and its ongoing commitment to assisting its consumers on their journeys "from ambition to achievement" '(Interbrand 2015).

Webster has also successfully deployed the model, which uses its Relationship Managers to offer a compelling value proposition to customer and prospects. In 2014, the Webster Bank received the ‘Best Online Banking in New England’ which is recognized by J.D. Power. The company upgraded its online banking as well as its mobile banking. This increased customer satisfaction, which is extremely important. The ability to expand is also a great strength because since the bank is successful in four states it could be in many other states as well as international (Webster Financial, 2015).

The economy in the United Arab Emirates has experienced substantial increases in the last 40 years. The UAE’s capabilities with the pearling and oil industries have given the region its necessary budgets to expand so rapidly. The economic policies in the UAE have gone through stages, since the birth of the region in 1971. Changes in economic welfare of the markets, and privatization policies are also key aspects in understanding the UAE’s economic liberalization and growth. In order to understand the UAE’s economic standard, economic liberalization must be analyzed. The argument of this paper will discuss how economic liberalization has occurred in the United Arab Emirates and is continuing to grow.

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