scholarly journals Infrastructure Developing and Economic Growth in United Arab Emirates

2017 ◽  
Vol 8 (1) ◽  
pp. 95 ◽  
Author(s):  
Weal Arafat ◽  
Zhang Ya Bing ◽  
Omar Al-Mutawakel
Keyword(s):  
Development Strategy ◽  
United Arab Emirates ◽  
Oil And Gas ◽  
Debt Crisis ◽  
Oil Prices ◽  
Abu Dhabi ◽  
Economic Market ◽  
Good Investment ◽  
Oil Exports ◽  
The Government

In the past thirty years, the United Arab Emirates non oil sector's contribution to GDP has been rising, the rise of a number of advantages of the industry, such as real estate, trade, tourism, construction, finance, shipping, processing industries. This led to the prosperity of the UAE economic market. UAE has a stable political environment and security community, and keep a good relationship with the major countries. Although the UAE is involved in some areas of conflict, but it has no impact on the overall situation. It has a wealth of oil and gas resources, is one of the most affluent countries in the region and the world, of which the government develop a comprehensive development strategy and efforts to develop non oil and gas industry.Although UAE has the most diversified economy in the GCC, the UAE's economy remains extremely reliant on petroleum(oil). With the exception of Dubai, most of the UAE is dependent on oil revenues. Petroleum and natural gascontinue to play a central role in the economy, especially in Abu Dhabi. More than 85% of the UAE's economy was based on the oil exports in 2009. While Abu Dhabi and other UAE emirates have remained relatively conservative in their approach to diversification, Dubai, which has far smaller oil reserves, was bolder in its diversification policy. In 2011, oil exports accounted for 77% of the UAE's state budget.The United Arab Emirates attaches great importance to infrastructure construction, and regard it as the basis of economic and social development. Since 70s, the UAE government has invested heavily in the construction of infrastructures, so as to create a favorable environment for foreign capital to enter Dubai. The United Arab Emirates as the most important financial and traffic center of the area, perfect legal system, has clean government and a good investment environment. Although affected by the 2009 Dubai debt crisis and the 2014 international oil prices and other unfavorable factors, but the overall economy is still maintained growth momentum. As an important hub in the Middle East, and the ancient maritime Silk Road of the important station, United Arab Emirates has "The Belt and Road" strategic prospects. In the context of oil prices, the United Arab Emirates non oil economic development is still strong, the development of infrastructure gets maintain stable growth, and investment risk is low.

What Does Rent Give to Federal Budget (on the Russia's Budget Dependence upon "Oil Dollars")

2004 ◽  
pp. 51-69 ◽  
Author(s):  
E. Sharipova ◽  
I. Tcherkashin
Keyword(s):  
Oil And Gas ◽  
Strong Dependence ◽  
Oil Prices ◽  
Federal Budget ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Resource Rent ◽  
Tax Legislation ◽  
Russian Economy ◽  
The Government

Federal tax revenues from the main sectors of the Russian economy after the 1998 crisis are examined in the article. Authors present the structure of revenues from these sectors by main taxes for 1999-2003 and prospects for 2004. Emphasis is given to an increasing dependence of budget on revenues from oil and gas industries. The share of proceeds from these sectors has reached 1/3 of total federal revenues. To explain this fact world oil prices dynamics and changes in tax legislation in Russia are considered. Empirical results show strong dependence of budget revenues on oil prices. The analysis of changes in tax legislation in oil and gas industry shows that the government has managed to redistribute resource rent in favor of the state.

scholarly journals Restructuring Graduate Medical Education to Meet the Health Care Needs of Emirati Citizens

2013 ◽  
Vol 5 (2) ◽  
pp. 195-200 ◽  
Author(s):  
Sawsan Abdel-Razig ◽  
Hatem Alameri
Keyword(s):  
Health Care ◽  
Medical Education ◽  
United Arab Emirates ◽  
Graduate Medical Education ◽  
Health Care Systems ◽  
Abu Dhabi ◽  
Care Needs ◽  
Graduate Medical ◽  
Comprehensive Health ◽  
The Government

Abstract Many nations are struggling with the design, implementation, and ongoing improvement of health care systems to meet the needs of their citizens. In the United Arab Emirates, a small nation with vast wealth, the lives of average citizens have evolved from a harsh, nomadic existence to enjoyment of the comforts of modern life. Substantial progress has been made in the provision of education, housing, health, employment, and other forms of social advancement. Having covered these basic needs, the government of Abu Dhabi, United Arab Emirates, is responding to the challenge of developing a comprehensive health system to serve the needs of its citizens, including restructuring the nation's graduate medical education (GME) system. We describe how Abu Dhabi is establishing GME policies and infrastructure to develop and support a comprehensive health care system, while also being responsive to population health needs. We review recent progress in developing a systematic approach for developing GME infrastructure in this small emirate, and discuss how the process of designing a GME system to meet the needs of Emirati citizens has benefited from the experience of “Western” nations. We also examine the challenges we encountered in this process and the solutions adopted, adapted, or specifically developed to meet local needs. We conclude by highlighting how our experience “at the GME drawing board” reflects the challenges encountered by scholars, administrators, and policymakers in nations around the world as they seek to coordinate health care and GME resources to ensure care for populations.

scholarly journals DIVERSIFIKASI EKSPOR NON MIGAS INDONESIA KE PASAR NON TRADISIONAL

2020 ◽  
Vol 14 (2) ◽  
pp. 215-238
Author(s):  
Hotsawadi Harahap ◽  
Widyastutik
Keyword(s):  
United Arab Emirates ◽  
Oil And Gas ◽  
Random Effect ◽  
Random Effect Model ◽  
Structural Match ◽  
Effect Model ◽  
Panel Data Regression ◽  
Data Regression ◽  
Oil Exports

Abstrak Penelitian ini bertujuan untuk menganalisis diversifikasi ekspor non migas Indonesia ke pasar non tradisional. Metode penelitian yang digunakan adalah analisis statistik deskriptif dengan pendekatan pengelompokan (clustering), Structural Match Index dan Demand Index, serta regresi data panel. Hasil penelitian menunjukkan bahwa negara yang diidentifikasikan sebagai negara non tradisional potensial adalah Brazil, Pantai Gading, Mesir, Georgia, Jamaica, Kazakhstan, Kuwait, Myanmar, Nigeria, Norway, Oman, Pakistan, Russian Federation, Trinidad and Tobago, Turkey, United Arab Emirates, dan Uruguay. Hasil regresi data panel menunjukkan bahwa Random Effect Model merupakan model yang terbaik untuk menjelaskan faktor-faktor yang memengaruhi ekspor non migas Indonesia ke negara non tradisional. Hasil regresi menunjukkan bahwa GDP riil negara tujuan, populasi negara tujuan, nilai tukar riil, FDI dan kualitas pelabuhan Indonesia berpengaruh signifikan secara statistik terhadap ekspor non migas Indonesia ke negara non tradisional potensial tersebut. Beberapa rekomendasi kebijakan yang perlu dilakukan untuk meningkatkan ekspor non migas ke negara tujuan non tradisional diantaranya perlu dilakukan intelejen pasar mengenai kebutuhan dan selera dari masing-masing negara non tradisional atas produk Indonesia, peningkatan kualitas pelabuhan Indonesia dan kebijakan tambahan yang memberikan insentif untuk menarik Foreign Direct Investment ke Indonesia. Kata Kunci: Diversifikasi Ekspor, Demand Index, Non traditional, Random Effect Model, Structural Match Index   Abstract This study aims to analyze the diversification of Indonesia's non-oil and gas exports to non-traditional markets. The research method used is descriptive statistical analysis with a clustering approach, Structural Match Index and demand index, and panel data regression. The results showed that countries identified as potential non-traditional countries were Brazil, Ivory Coast, Egypt, Georgia, Jamaica, Kazakhstan, Kuwait, Myanmar, Nigeria, Norway, Oman, Pakistan, Russian Federation, Trinidad and Tobago, Turkey, United Arab Emirates, and Uruguay. The panel data regression results show that the random effect model is the best model to explain the factors that influence Indonesia's non-oil exports to non-traditional countries. The results show that the real GDP of the destination country, the population of the destination country, the real exchange rate, FDI and the quality of Indonesia's ports have a statistically significant effect on Indonesia's non-oil exports to these potential non-traditional countries. Then, in this study there are several policy recommendations that need to be done to increase non-oil and gas exports to non-traditional destination countries including market intelligence regarding the needs and tastes of each non-traditional country for Indonesian products, improving the quality of Indonesian ports and additional policies that provide incentives to attract Foreign Direct Investment to Indonesia. Keywords:  Export Diversification, Demand Index, Non-traditional, Random Effect Model, Structural Match Index JEL Classifications: F13, F15, F18

E-Portals in Dubai and the United Arab Emirates

2011 ◽  
pp. 364-367
Author(s):  
Ian Michael
Keyword(s):  
United Arab Emirates ◽  
Driving Force ◽  
The Other ◽  
Abu Dhabi ◽  
The Government

Technology is seen as a key driving force in the economy within all of the seven emirates that make up the United Arab Emirates (UAE) nation; the seven are Abu Dhabi, Dubai, Sharjah, Ajman, Umm al-Qaiwain, Ras al- Khaimah, and Fujairah. The government of Dubai leads the other emirates in terms of commerce activity, and has taken a strategic view of creating and promoting government portals to achieve this vision. Recently Dubai’s Municipality portal won an award for best content among all other UAE portals.

Kuwait is the Past, Dubai is the Present, Doha is the Future

2015 ◽  
Vol 6 (2) ◽  
pp. 51-64 ◽  
Author(s):  
Julia Gremm ◽  
Julia Barth ◽  
Wolfgang G. Stock
Keyword(s):  
United Arab Emirates ◽  
Oil And Gas ◽  
Qualitative Interviews ◽  
Knowledge Society ◽  
Abu Dhabi ◽  
Gulf Region ◽  
Quantitative Survey ◽  
The Past ◽  
The World ◽  
The Future

Many cities in the world define themselves as ‘smart.' Is this term appropriate for cities in the emergent Gulf region? This article investigates seven Gulf cities (Kuwait City, Manama, Doha, Abu Dhabi, Dubai, Sharjah, and Muscat) that have once grown rich due to large reserves of oil and gas. Now, with the threat of ending resources, governments focus on the development towards a knowledge society. The authors analyzed the cities in terms of their ‘smartness' or ‘informativeness' by a quantitative survey and by in-depth qualitative interviews (N = 34). Especially Doha in Qatar is well on its way towards an informational city, but also Dubai and Sharjah (both in the United Arab Emirates) make good scores.

Sovereign Wealth Funds in the Persian Gulf States

2017 ◽  
Author(s):  
Gawdat Bahgat
Keyword(s):  
United Arab Emirates ◽  
Persian Gulf ◽  
Oil And Gas ◽  
Oil Prices ◽  
Oil And Gas Industry ◽  
Detailed Examination ◽  
Data Availability ◽  
Sharp Drop ◽  
Sovereign Wealth Funds ◽  
The Persian Gulf

The period from early 2000s to 2014 witnessed unprecedented and sustained high oil prices transforming the main oil and gas exporters in the Persian Gulf into major players in global finance. The Islamic Republic of Iran and the six GCC member states (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) have been using these massive oil revenues to assert their economic and political leverage on the regional and international scene. A key component of this effort has been the creation of sovereign wealth funds (SWFs). This chapter examines the SWFs in Iran and the GCC states. It includes discussion of the emergence and evolution of the oil and gas industry in the region, analysis of the sharp drop in oil prices since 2014 and how this cycle is different from previous ones, and detailed examination (based on limited data availability) of Iran’s and the GCC’s major SWFs.

Abu Dhabi's state-fuelled private sector may stagnate

2017 ◽  
Keyword(s):  
Private Sector ◽  
United Arab Emirates ◽  
Oil Price ◽  
Abu Dhabi ◽  
Economic Diversification ◽  
Content Type ◽  
Second Best ◽  
Investment Companies ◽  
The Government

Significance Major banks and investment companies have also announced planned mergers in 2016-17. The Ipsos City Index in July named Abu Dhabi the second-best place to live and work, overtaking Paris and London. On the ground, however, the oil-price driven slowdown is finally starting to hit residents hard. Impacts The government will increase its emphasis on economic diversification, although this will be a difficult task. Loss-making state airline Etihad is likely to face another restructuring. Abu Dhabi’s vast reserves will enable it to retain its position as leader of the United Arab Emirates (UAE).

Turning tide of Libya war will have wide repercussions

2020 ◽  
Keyword(s):  
United Arab Emirates ◽  
Content Type ◽  
Oil Exports ◽  
Territorial Control ◽  
The Government

Significance A new battle-line has now formed in central Libya. The LNA’s offensive ended largely because of Turkey’s intervention in Libya since January. Extensive Turkish support for the Tripoli government, the Government of National Accord (GNA), neutralised the aerial military advantages the LNA had gained thanks to its foreign sponsors, primarily the United Arab Emirates (UAE). This turned the tide in the conflict. The shift will have geopolitical repercussions and alter local players’ calculations and dynamics. Impacts France must decide whether its hostility towards Turkey and Islamist politics is worth the price: allowing Russia a greater role in Libya. Turkey will attempt to expand the GNA’s territorial control towards Jufra and the oil crescent. A unified Libyan government would reduce both Russian and Turkish influence. Oil exports are likely to stay volatile while fields change hands, though the GNA will be keen to restart any wells it controls.

Mozambique debt crisis will overshadow FRELIMO victory

2019 ◽  
Keyword(s):  
Oil And Gas ◽  
Debt Crisis ◽  
Peace Agreement ◽  
Content Type ◽  
Funding Programme ◽  
Election Fraud ◽  
The Government ◽  
Economic Developments ◽  
Oil And Gas Companies ◽  
Campaign Financing

Subject Mozambican debt revelations. Significance President Filipe Nyusi’s grip on the ruling FRELIMO has been strengthened after his and his party’s convincing (albeit disputed) election victory last month. Nevertheless, the poll triumph has quickly been eclipsed by recent US court revelations surrounding a long-standing hidden debts scandal, which has implicated leading FRELIMO figures. Nyusi’s embattled government hopes that economic developments will soon dominate the headlines as it ramps up major new liquefied natural gas (LNG) investments and attempts to convince the IMF to initiate a new funding programme. Impacts The government-RENAMO peace agreement will come under increasing pressure after evidence of FRELIMO-associated election fraud. Maputo's political and fiscal woes mean oil and gas companies will have free reign to implement their preferred investment plans. Civil society pressure for greater campaign financing transparency will prove fruitless amid FRELIMO resistance over the short term.

DAMPAK KEBERADAAN PERWAKILAN PERDAGANGAN LUAR NEGERI TERHADAP KINERJA EKSPOR NON MIGAS INDONESIA

2016 ◽  
Vol 10 (2) ◽  
pp. 203-224 ◽  
Author(s):  
Ayu Sinta Saputri ◽  
Septika Tri Ardiyanti
Keyword(s):  
Oil And Gas ◽  
Export Performance ◽  
Random Effect ◽  
Random Effect Model ◽  
Demand Functions ◽  
Effect Model ◽  
Oil Exports ◽  
The Government ◽  
Trade Promotion ◽  
The Impact

Kajian ini bertujuan untuk menganalisis dampak pembentukan Atase Perdagangan (Atdag) dan Indonesian Trade Promotion Center (ITPC) terhadap kinerja ekspor non migas Indonesia. Metode yang digunakan adalah random effect model fungsi permintaan dengan menggunakan nilai ekspor non migas Indonesia dan pangsa ekspor non migas Indonesia di negara mitra dagang sebagai indikator-indikator yang menggambarkan kinerja ekspor Indonesia. Kajian ini menunjukkan bahwa keberadaan Atdag dan ITPC memberikan pengaruh positif dan signifikan terhadap peningkatan ekspor Indonesia. Nilai ekspor dan pangsa ekspor non migas Indonesia di negara mitra dagang dimana terdapat Atdag dan ITPC lebih tinggi jika dibandingkan dengan negara mitra yang belum terdapat Atdag dan ITPC. Di samping itu, besaran anggaran yang diterima oleh para perwakilan perdagangan juga memiliki pengaruh positif dan signifikan terhadap kinerja ekspor Indonesia. Dengan demikian, penguatan dan pengembangan Atdag dan ITPC penting untuk dilakukan dalam rangka peningkatan ekspor Indonesia baik melalui peningkatan besaran anggaran dan atau penambahan jumlah perwakilan perdagangan Indonesia di luar negeri. This study analyzes the impact of establishing The Indonesia’s Trade Attaché (Atdag) and The Indonesia's Trade Promotion Center (ITPC) on Indonesia’s non-oil exports performance. The method used in this study is random effect model of demand functions using  non-oil and gas export value, and  non-oil and gas export share of Indonesia in trading partner countries as the indicators of Indonesia’s export performance. The results indicate that the presence of Atdag and ITPC  gave a positive and significant effect to improve exports. The value of Indonesia’s non-oil and gas exports, and the share of Indonesia’s non-oil exports with some partner countries of Atdag and ITPC are higher compared to countries without Atdag and ITPC. Moreover, the amount of budget received by the trade representative also has a positive and significant effect on the export performance.Therefore, the government should strengthen and develop Atdag and ITPC in order to boost export by increasing the budget and the number of trade representatives abroad.

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