Fly Emirates
Fly emirates is one of the things that attracts the tourism to the UAE, because they have many facilities and the offers that they have makes them choose Emirates air line. for example, they have up grades from economy to business class and to first class also ,when u want to get grades you have to fly a lot and by it is good for people that travel a lot or like to travel, tourism like to fly a lot so that is a good thing for them, and when they travel by Emirates air line the tourism have good services and they can feel comfortable and the air host can serve them. Also at the end of the flight before the plan reaches the ground they start selling things in the plane because maybe the tourists are tired and they can not go out so they start buying from the plane.
Monday, March 17, 2008
Commodity Market
Market products in the market, where the products are not scouring or base exchange. These raw products are exchanged trade academic scholarship,regulated by the standard according to which the contract is bought or sold.
4 Major groups traded in UAE
1- Gold
2- Oil
3- Silver, and silver jewelery
4- Machinery, textiles, vehicles
4 Major groups traded in UAE
1- Gold
2- Oil
3- Silver, and silver jewelery
4- Machinery, textiles, vehicles
Wednesday, March 12, 2008
UAE investing $7 billion in Sudan
Dubai: The UAE is the second largest investor in Sudan after China with total investments of $ 7 billion, Sudanese President Omar Hassan Al Beshir told a press conference here on Tuesday.
The Sudanese head of state said that his country had provided fertile ground for attracting Arab and foreign investment in order to achieve overall development.
Speaking about his trip to the UAE, Al Beshir said it was in response to a kind invitation from President His Highness Sheikh Khalifa bin Zayed Al Nahyan, aimed at giving a bigger boost to bilateral political and economic relations which he praised as ''strong'' and ''historic''.
He indicated that his talks with the UAE leaders covered wide-ranging issues including Iraq, Palestine, Lebanon as well as latest political developments in Sudan.
From : Gulf News
http://www.gulfnews.com/business/Investment/10196812.html
The Sudanese head of state said that his country had provided fertile ground for attracting Arab and foreign investment in order to achieve overall development.
Speaking about his trip to the UAE, Al Beshir said it was in response to a kind invitation from President His Highness Sheikh Khalifa bin Zayed Al Nahyan, aimed at giving a bigger boost to bilateral political and economic relations which he praised as ''strong'' and ''historic''.
He indicated that his talks with the UAE leaders covered wide-ranging issues including Iraq, Palestine, Lebanon as well as latest political developments in Sudan.
From : Gulf News
http://www.gulfnews.com/business/Investment/10196812.html
Money Market
Money Market is the global financial market for borrowing short term and lending. It provides short-term liquid funds to the global financial system. The money market is where short-term obligations such as Treasury bills, commercial paper, bankers' acceptances are bought and sold.
In the money market is the best known place for large enterprises and government to manage their short-term cash needs. However, individual investors have access to the market through a variety of securities. In this tutorial, we will cover various types of securities and the capital market in how they can work in your portfolio.
In the money market is the best known place for large enterprises and government to manage their short-term cash needs. However, individual investors have access to the market through a variety of securities. In this tutorial, we will cover various types of securities and the capital market in how they can work in your portfolio.
History of Tourism
In the old day, tourism wasn't found in the United Arab Emirates , because there were no buildings in the United Arab Emirates that attract people. Another thing is that we didn't have oil and without the oil we couldn't develop our country and we didn't have tourism. Tourist were found in some places in the Unites Arab Emirates but they were not a lot, there were found in Dubai because we had the trade center and they were surprised to see a building in the middle of the desert so they use to come to see this building and some of them came to learn about the culture of the United Arab Emirates.
Monday, March 10, 2008
UAE economy achieves real growth of 7.4 per cent in 2007
UAE economy achieves real growth of 7.4 per cent in 2007
Staff Report
Published: March 09, 2008, 20:48
Dubai: UAE economy achieved real growth of 7.4 per cent in 2007 over 2006 with the gross domestic product reaching Dh698 billion according to the UAE Ministry of Economy.
While the contributions by other non-oil sectors accounted for d Dh455 billion or 65 per cent of the total GDP in 2007, the oil prices averaging at $69.1 billion contributed 35 per cent of the GDP in 2007, followed by the manufacturing sector, whose diversified activities in oil, liquefied gas and factories in free zones – contributed 13 per cent to the GDP in 2007.
Trade and repair services sector is the third biggest contributor to the country's GDP, at 11 per cent.
"It is an important and organized sector with a long history, in which the private sector plays an important role in providing different goods in the country and managing the development of re-exportation activity," the report from the Ministry of Economy said.
The report said that the real estate sector is fast emerging a big contributor to the UAE's GDP. Last year real estate contributed 8 per cent to the country's GDP. The real estate sector, invested Dh25.8 billion in 2007. The government is keen to help UAE nationals to possess free residential units through residential plans, which provide good living standards and social stability. The transportation sector is another sector that enjoys large-scale investments.
More than Dh23.1 billion, or 16 per cent of total investments, has been invested to establish developed infrastructure, including a wide range of internal and external road networks, airport expansions, bridge and tunnel construction, and communications.
The size of fixed investments in 2007 increased to Dh144.5 billion compared to Dh121 billion in 2006, and the investment percentage to domestic product reached 20.7 per cent in 2007.
While manufacturing and real estate sectors together accounted for 35 per cent of the total investments in the country last year, investments industries such petrochemical, building material, medicine and food industries continued to surge.
The crude oil sector invested Dh15.8 billion last year. Around 10.9 per cent of the country's total investments in 2007 were in the form of huge projects to develop productive and explored oil fields to ensure continuous oil and gas production; thereby contributing to the stability of prices at international markets.
Public and private (household) consumption expenditure together grew 21.2 per cent from Dh330 billion in 2006 to Dh400 billion in 2007.
While the government's consumption expenditure accounted for 18.5 per cent household expenditure represents 81.5 per cent.
The report attributes rise in private expenditure to the annual population increase, the rise in standards of living, rising consumption, as well as the increase in prices for all goods and services.
From :
Gulf News .. http://www.gulfnews.com/business/Economy/10196184.html
Monday March 10, 2008
Staff Report
Published: March 09, 2008, 20:48
Dubai: UAE economy achieved real growth of 7.4 per cent in 2007 over 2006 with the gross domestic product reaching Dh698 billion according to the UAE Ministry of Economy.
While the contributions by other non-oil sectors accounted for d Dh455 billion or 65 per cent of the total GDP in 2007, the oil prices averaging at $69.1 billion contributed 35 per cent of the GDP in 2007, followed by the manufacturing sector, whose diversified activities in oil, liquefied gas and factories in free zones – contributed 13 per cent to the GDP in 2007.
Trade and repair services sector is the third biggest contributor to the country's GDP, at 11 per cent.
"It is an important and organized sector with a long history, in which the private sector plays an important role in providing different goods in the country and managing the development of re-exportation activity," the report from the Ministry of Economy said.
The report said that the real estate sector is fast emerging a big contributor to the UAE's GDP. Last year real estate contributed 8 per cent to the country's GDP. The real estate sector, invested Dh25.8 billion in 2007. The government is keen to help UAE nationals to possess free residential units through residential plans, which provide good living standards and social stability. The transportation sector is another sector that enjoys large-scale investments.
More than Dh23.1 billion, or 16 per cent of total investments, has been invested to establish developed infrastructure, including a wide range of internal and external road networks, airport expansions, bridge and tunnel construction, and communications.
The size of fixed investments in 2007 increased to Dh144.5 billion compared to Dh121 billion in 2006, and the investment percentage to domestic product reached 20.7 per cent in 2007.
While manufacturing and real estate sectors together accounted for 35 per cent of the total investments in the country last year, investments industries such petrochemical, building material, medicine and food industries continued to surge.
The crude oil sector invested Dh15.8 billion last year. Around 10.9 per cent of the country's total investments in 2007 were in the form of huge projects to develop productive and explored oil fields to ensure continuous oil and gas production; thereby contributing to the stability of prices at international markets.
Public and private (household) consumption expenditure together grew 21.2 per cent from Dh330 billion in 2006 to Dh400 billion in 2007.
While the government's consumption expenditure accounted for 18.5 per cent household expenditure represents 81.5 per cent.
The report attributes rise in private expenditure to the annual population increase, the rise in standards of living, rising consumption, as well as the increase in prices for all goods and services.
From :
Gulf News .. http://www.gulfnews.com/business/Economy/10196184.html
Monday March 10, 2008
Capital Market
The capital market is the market of the transferable securities, where the companies and the government can raise long-term funds. The capital market comprises the tender of the actions and the bond market. The financial regulators, such as US Securities and Exchange Commission, supervises the capital markets in their country indicated to take care that the investors are protected from the fraud. Capital markets to be composed of the primary education market, where new questions are distributed to the investors, and the secondary market, where the titles are negotiated.
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