Economic: The UAE GDP forecast for 2013 is around 4%, not dissimilar to the global market as a whole. There has been increased confidence and signs of recovery for the housing market in the region, giving off signs that the UAE is still a good investment proposition. This makes the UAE attractive to businesses, as well as employees, particularly due to its favourable tax policy.…
The UAE is a highly rule-oriented country with rigid and strict laws, rules, regulations and values of Islam while it also has a very friendly and favourable trading environment, ranking the 5th worldwide in the factor of Trading Across Borders by Word Bank. There is no Nontariff Barriers on most of imported product, especially on…
In 1986, U.S. producers shipped 70 million tons of steel mill products. Subtracting exports of one million tons and adding imports of 21 million tons implied 90 million tons of domestic consumption of steel that year. Relative to the most recent peak year, 1979, domestic shipments had decreased by 30% and domestic demand by 22% (see Exhibit I). The decline in demand derived from the stagnation of many steel-intensive industries, particularly automobile manufacture, efforts to use steel more efficiently and the emergence or substitute materials such as aluminum, plastics and advanced composites.…
The Malaysian steel industry is forced by the government to buy more expensive local steel billets because of the restrictions put on imports to protect the local economy. With falling steel prices, domestic steel prices are getting higher and the foreign prices are getting cheaper. The local billets are priced at RM760 metric ton (MT), while foreign prices are between RM600 and RM680 per MT F.O.B. This 15 to 20% price difference is continually dropping the profits of Eastern Waves Inc. located in Malaysia. Eastern has done research and found that scrap steel can be used as a substitute, but not without its problems.…
Some of the countries that are part of this steel industry are India, Russia, and China and of course Brazil in which the steel market became more productive in the early 2000. China is one of the more popular worldwide producers of…
For potential new entrants, the metal container industry does not seem to be attractive due to the high barriers to entry. Most of all, the economies of scale provide current players with economic advantages that would be extremely difficult to reach for new entrants. Additionally, the saturation of the market does not make it very attractive to new entrants, as competition for current sales is so intense. The high barriers to entry are, however, an advantage for current producers, which do not have to be scared by the arrival of new competitors.…
UAE has a great technological environment especially Dubai. Dubai has a network of seven industrial areas, one business park and three highly successful specialized free zones of international distinction, two world class sea ports, a major international airport and cargo village, a modern highway network, state -of –the- art telecommunications and reliable power and utilities all of which deliver efficiency,flexibility,reliability,reasonable cost and size.…
The purpose of this report is to analyze the possibility of Emirates becoming then the #1 long-haul carrier in Asia Pacific region. First the attractiveness of the industry will be looked at. Then the present and the future of the industry will be justified through the analysis of the external environment. Next company’s resources and capabilities will be examined and potential sustainable competitive advantage will be identified. Finally, appropriate conclusions will be drawn.…
The UAE will be able to attract major, business, sporting and cultural events e.g. tennis, golf, concerts…
Recently, there has been a fall in demand for aluminium in China, which contributes to 40% of the world’s aluminium demand. Because of this slightly lower demand, currently prices fell temporarily. Another factor which led to this decrease in price was the glut of stock.…
The UAE's endeavors to have the World Expo 2020 have the prompted upward portability for little and medium-sized Undertakings, with more than 40,000 new Have Been built for the current year, 13 every penny increment. This has surpassed all earlier years, as Indicated by the Federation of the UAE Chambers of Commerce and Industry.…
Steel Forgings: Market share of 5 percent and growth rate of about 8 to 10 percent per annum. This product is required by diverse market and is currently a loss making unit and requires about 1.50 crores for ISO certification.…
For outbound logistics we have selected the main demand locations from all the given locations. As it is mentioned in the case the main demand zone is the Gujrat and Maharashtra industrial belt and all the integrated steel plants in eastern India along with Bhadravati; considering these facts we have taken the following demand markets into consideration.…
The UAE became a contracting party to the General Agreement on Tariffs and Trade (GATT) in 1994, and subsequently became a member of the World Trade Organization (WTO) in April of 1996. This engagement with international organizations stems from the UAE’s commitment to international trade and its obligations under the multilateral trade policy regime. Today, the UAE has regulations in place that aim to strengthen the country’s position as an open economy, one that welcomes international trade and competition.…
Transportation in UAE is one of the indispensable elements of the economic growth of the country. It provides for the ease of travelers who are unaware of the ways of Getting to UAE. Presently,…