69 as the GDP rate. It is very hard for other countries to compete with such a high rate of GDP assuming that Qatar will still be ranked as the most richest in the future. 2) Luxemborg : is the second most richest country in the world and also the richest country in all of Europe. The current GDP rate of the country is 80,679.06 3) Singapore : Third richest country is Singapore and it is one of the southeast asian countries that has made an incredible economic development. Its GDP rate is 60
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Emirates (UAE), tourism directly contributed to around 6.5% of GDP in 2011, with total contributions, including direct, indirect, and induced, accounting for 13.5% of GDP. From an employment standpoint, tourism directly supported 166,000 jobs (4.6% of total employment) and its total contribution to employment was 388,000 jobs (10.7%). The UAE invested almost $28BN in the travel and tourism industry in 2011 and ranked ninth worldwide in terms of total capital invested tourism. (WTTC) UAE put tourism
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transformation which has taken place in the UAE since the formation of the state has been largely funded by the judicious use of oil revenues. However, although oil and gas production remain the primary source of public revenue, the secret of the country's current economic success has been a determined government strategy of economic diversification, leading to the creation of new productive sectors. This, combined with re venue from foreign investment, has meant that the UAE economy has been relatively immune
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BACKGROUND Early Years: The United Arab Emirates (UAE) was formed from the group of tribally organized Arabian Peninsula sheikhdoms along the southern coast of the Persian Gulf and the northwestern coast of the Gulf of Oman. This area was converted to Islam in the seventh century and for Library of Congress – Federal Research Division Country Profile: United Arab Emirates, July 2007 centuries afterward was embroiled in dynastic disputes. Most UAE nationals are descended from two tribal groupings
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ENTREPRENEURSHIP BUS 312 ENTREPRENEURSHIP BUS 312 Environmental scanning of UAE for identifying the scope for new venture When searching for an entrepreneurial venture it is important to recognize that the discovery is not a result of random actions, it is a structured process that is based on solid observations about how to do something better and different. Introduction Currently, the UAE is experiencing a rapid growth in all areas of political, economic and social development
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The United Arab Emirates (UAE) is a Middle Eastern federation of seven states situated in the southeast of the Arabian Peninsula in Southwest Asia on the Persian Gulf, bordering Oman and Saudi Arabia. The seven states, termed emirates, are Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. Independence (1971). By 1966 it had become clear the British Government could no longer afford to administer and protect what is now the United Arab Emirates. British MPs debated
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transformation and growth. The country’s main economic source was always oil but now the country has become much more diversified and “71% of the country’s total GDP comes from non-oil sectors” (“Economy of the United Arab Emirates,” 2014). During the past thirty years, the country has gone through a complete economic shift. In the 1970s, The UAE was a poverty-stricken country but the economy grew quickly when oil was discovered and by 2009, 85% of the country’s economy came from oil exports. Since
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Political and Legal Environment Independence: 15th August 1947 (British colonial rule) System: Federal Parliamentary Democratic Republic Legislature: Bicameral legislature (upper house- states of India; lower house- people of India) May 2014 Election: Bharatiya Janata Party claimed majority, brought back single party rule. Trade Agreements: India-Sri Lanka Free Trade Agreement, India-Nepal Trade Treaty, CECA, ASEAN Political and Legal Environment Independence: 15th August 1947 (British
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countries to present the trends and what is the measurable impact on the economic development. I will also present specific data from UAE on the subject. I will present my conclusions. Slide 3: Women and Economic Development Woman’s participation is very important for economic development. In developed countries like the USA, Germany etc. women contribute over half of the GDP. In developing countries, women participation is also very high, especially in export sector. e.g. China, Thailand, Indonesia etc
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significant expansion beyond its initial 1,500 mi² designation due to land reclamation from the sea. Dubai lies directly within the Arabian Desert. However, the topography of Dubai is significantly different from that of the southern portion of the UAE in that much of Dubai's landscape is highlighted by sandy desert patterns, while gravel deserts dominate much of the southern region of the country.[1] The sand consists mostly of crushed shell and coral and is fine, clean and white. East of the city
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