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Pestel Analysis of Uae.

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Pestel Analysis of Uae.
INTRODUCTION

The United Arab Emirates is an arab country situated in Western Asia.Border sharing countries are Oman,Saudi Arabia,Qatar and Iran. UAE consists of a federation of seven states (emirates) formed in 1971 after Britain withdrew from the Gulf. Geographically, UAE has a land area of 83,600 sq km. The capital city is Abu Dhabi but Dubai has the highest population of approximately1.6 million people.

Formal Name: United Arab Emirates (UAE)

President: Khalifa bin Zayed Al Nahyan.

Official language: Arabic

Term for Citizen(s): Emirati(s).

Capital: Abu Dhabi City.

Currency: UAE Dirham

PESTEL ANALYSIS

POLITICAL ANALYSIS * UAE government formed as federation of seven emirates with one advisory body (Federal National Council). * The UAE government is considered to have a consistent policy-making agenda. The country is also one of the first Gulf countries to have conducted partial elections in the region. * The UAE government is known for its consistent policy implementations. Under the leadership of the former President Sheikh Zayed, the UAE transformed from a nation affected by large-scale poverty to a highly developed and prosperous country. * Despite several changes in the international sphere, the regime in the UAE has done little towards implementing democracy in the country. The present regime does not tolerate an interventionist media and tightly controls the functioning of news outlets, while private media operators are not allowed to operate from the UAE. * There are no political parties and no official opposition exists in the country. The delay in implementation of democratic laws is leading to increasing unrest among the public and the media. Furthermore, the country has been historically dominated by family rulers.

* The UAE will continue to base its foreign policy on maintaining close strategic relations with the West, particularly the US.

ECONOMIC ANALYSIS * UAE oil reserves are ranked


References: * http://en.m.wikipedia.org/wiki/United_Arab_Emirates ,retrieved on 20th august 2012 * www.emirates.org/about.html ,retrieved on 22nd august 2012. * www.uaeinteract.com , retrieved on 22nd august 2012. * www.asiarooms.com/en/travel-guide/united-arab-emirates/useful-information/index.html ,retrieved on 26th august 2012. * www.infoplease.com/ipa/A0108074.html ,retrieved on 27th august 2012. * www.indexmundi.com/united_arab_emirates/ ,retrieved on 28th august 2012. * lcweb2.loc.gov/frd/cs/profiles/UAE.pdf ,retrieved on 28th august 2012. * www.ask.com/Dubai+information ,retrieved on 28th august 2012. * www.heritage.org/index/country/unitedarabemirates ,retrieved on 30th august 2012.
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