The overall United Arab Emirates (UAE) economy The United Arab Emirates economy is one of a kind that is referred as an open economy. The economy has very high per capita income with substantial annual trade surplus. The economy’s GDP that relates to oil and gas output has so far reduced in percentage up to 25%. This reduction has been experienced due to the successful efforts made in diversifying the economy (Katzman‚ 2010). UAE for a long time in the past was known to be a poor economy characterized
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Restaurant PEST Analysis: A PEST analysis is a business tool that can help determine the macroeconomic factors that will impact a business. Specifically a PEST analysis measures the political‚ economic‚ social and technological factors that impact a business. A PEST analysis of a restaurant can be useful for determining if the environment is appropriate for such a business. Political Factors * Political factors deal with the degree to which the government influences and controls businesses. For
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CONTENTS Executive summary …………………………………………….. 3 Introduction ………………………………………………………3 UAE Foreign Direct investment statistics …………………….. 4 Government policy on FDI…………………………………….. 7 DETERMINANTS OF FDI IN UAE………………………….8 COUNTRIES THAT INVEST IN UAE……………………….9 CASSIA ENGINEERING’S FDI INTO UAE………………..9 BENEFITS ……………………………………………………..10 PROBLEMS FACED BY CASSIA……………………………10 THE DIRECTION OF FDI IN UAE ……………………….11 Conclusion……………………………………………………..12 References…………………………………………………….14
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1.0 INTRODUCTION: PEST is a study which is apprehensive by describing the exterior of ecological manipulates on a company. The abbreviation locates for the Political‚ Economic‚ Social and Technological matters with the intention of may perhaps influence the tactical growth of a company (ESCAP 2009). Here I choose a business organization which is PROTON to classify PEST which manipulates a helpful technique of abbreviation the exterior surroundings in which this business functions. Nevertheless
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the income level comparable with the highly developed countries. However‚ what will be the base of the UAE’s economy‚ when the world runs out of oil supplies? Before the discovery of oil and gas sources the Trucial States (which today form the UAE) had limited resources and its economy depended mainly on agriculture and the trade in pears‚ that is why that period reflected the state of a simple subsistence economy. Since 1970 the situation began to change. December 2‚ 1971 six of the seven emirates
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been built upon the more deeply established commercial vehicle product line. PEST ANALYSIS A PEST analysis is one of them that is merely a framework that categorizes environmental influences as political‚ economic‚ social and technological forces. Sometimes two additional factors‚ environmental and legal‚ will be added to make a PESTEL analysis‚ but these themes can easily be subsumed in the others. The analysis examines the impact of each of these factors on the business. The results can then
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PEST Analysis of Nokia PEST analysis identifies the political‚ economic‚ social‚ technological‚ environmental‚ and legal factors that of which directly affect a company. Political Factors Political/Legal environment are usually considered as one because they are enforced by the nation’s government. It is vital for Nokia’s operation because different nations with their respective government have different Political/Legal platforms respectively; Nokia operating on global level must abide to
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Depends on your company. For a more accurate PEST analysis‚ it’s best to consider your company’s structure‚ product‚ and strategy. Anyway‚ here’s a very simple PEST analysis. Political - Vietnam is a Single Party Communist State. There is more likely to be higher government control and less autonomy for the organization wanting to enter the Vietnamese market. However‚ on the good side‚ Vietnam is more likely to have relatively greater political stability. Would be advisable to form good relations
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description of the historical development of the UAE Society. UAE‚ United Arab Emirates‚ goes back to a long history where it was ruled by the British. United Arab Emirates consist of 7 emirates which are Abu Dhabi‚ as the capital‚ Dubai‚ Sharjah‚ Ras Al Khaimah‚ Umm Al Quwain‚ Ajman and Fujairah where the seven emirates have all united in the year 1971. His Highness Sheikh Zayed Bin Sultan Al Nahyan ( May his soul rest in peace) was the ruler of the UAE and passed the role on to his son after his death
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UAE Facts The United Arab Emirates (UAE) was formed as a federation of seven emirates (Abu Dhabi‚ Dubai‚ Sharjah‚ Ajman‚ Ras Al Khaimah‚ Fujairah‚ Umm Al Quwain)‚ which came together as one state on the 2nd of December 1971. The federal capital of UAE is Abu Dhabi and it is ruled by the President of the UAE‚ Sheikh Khalifa bin Zayed Al Nahyan UAE Timeline 1760 The Baniyas Tribe finds fresh water on the island of Abu Dhabi and decides to settle there. 1790
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