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Case Analysis for DLC - Essay Example

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Student Professor Subject Date Case Analysis for DLC Dubai is the second wealthiest largest city of the United Arab Emirates which consists of seven emirates with a population of one million and two hundred thousand people. It is referred to as Switzerland of these Arab countries. It is considerably stable and extremely neutral in its political external environment. It also has no income or corporate taxes…
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Download file to see previous pages The main business opportunities place considerable focus on manufacturing, trade, processing, and on the transport and distribution which became the regional’s leading trade hub serving around two million customers all over the world. Dubai media city, Dubai Internet city and the Jebel Ali free zone were also extremely favorable to foreign investors. Foreign companies were allowed to set up free of the local ownership and would benefit from the renewable fifteen years guarantee of the absence of taxation. Foreign companies can setup free of local ownership and benefit from a renewable 15 year guarantee of no taxation. Dubai Logistics City was afterwards built, to the already existing Jebel Ali Port, like a further free region and fraction of the future prospect Dubai World Central. The Jebel Ali port, standing in a free zone allowing expansion in the future, which is a paramount consideration to the Emirates’ leader. The Dubai World Central would be used to host the all-new airport. It would make it remarkably easy to revolutionize freight from sea, air or land transportation. ...
It was characterized by the existing internationality and the ‘easy-living’ atmosphere. In addition to these, English is extensively spoken, which makes it more attractive to foreigners and the religious issues in the country are handled liberally. Up to present times, growth in tourism has led to the booming of construction. The latest ambitious project intended is Burj Dubai. It is planned to be the highest tower worldwide in completion. Just like the Burj al Arab Hotel, it is situated on a manmade island. Around 4.9% of its current GPD came from tourism and conferences. It was mainly from the tourists attracted by the world class accommodation and the duty-free shopping. Dubai palm island development was of one of the greatest projects. It was an island made by man in the resemblance of a palm tree. It offered villas, apartments and hotels. The island's large size made it even visible from the outer space. The major focus of every decision in the country has been its development and sustainable growth. Due to its monarchial system of governance, coordination and long time planning of policies and projects it is made exceptionally possible. However, adapting to the country’s way of doing business, i.e., the Arabian style is extremely difficult to many foreign investors. In most of the negotiations, these Arab partners do not have open discussions about the positive or negative impacts of a project in question. Instead of this, they just withdraw from the negotiations involved, consider the matter at hand private and inform the alien business partners concerning their private decision later. Nevertheless, life in the country – as a model of tolerance and with its variety of different cultures ...Download file to see next pagesRead More
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