Skip to main content

Home/ IB Economics HL LG/ Group items tagged UAE

Rss Feed Group items tagged

Adil R

UAE, Russia in $5 billion investment deal - Khaleej Times - 0 views

  •  
    I remember stumbling upon this article a couple of months ago and now i realise its relevance. The UAE is investing $5bn to Russia to improve its infrastructure which will not only benefit Russia and its citizens, but also leads to remittances back into UAE. This also leads to economic growth in every aspect for Russia, so it is mutually beneficial.
Adil R

Price control mechanism being evolved ahead of Ramadan - Khaleej Times - 0 views

  •  
    This article is related to the holy month of ramadan. In the holt month or Ramadan, a lot of households do indeed cook more than they need and distribute the excess food to poor people. therefore this increase in demand may cause companies to hike the prices of essential food items such as vegetables so the UAE government is looking to create a mechanism for controlling the prices of essential foods, by probably placing a maximum price
Adil R

Du and Etisalat could still do much better - 0 views

  •  
    This article discusses the duopoly in the telecommunication industry here in the UAE, Etisalat and Du. the article clearly points out the fact that both companies over charge, stating that internet here costs 50% more, when compared to internet pricing in the UK. This market was a monopoly, dominated by Etisalat but the entering of DU is said to be rapid and thus they are suffering from some diseconomies of scale. The way the article concluded was quite interesting as it stated that the Abu Dhabi government subsidized it's airline industry so that people could visit and enjoy lower rates, and then says it should keep the broadband cost more competitive so that it can attract the companies of tomorrow
Christopher P

What's more important: the cost or standard of living? - 0 views

  •  
    This article discusses the relationship between the cost of living and quality of life. Mainly, whether a high cost of living offsets the happiness that results from a higher standard of living. The United Arab Emirates was recently ranked among the top 30 happiest countries in the world. It may be a very expensive country to live in however compared to others in the region like Oman, yet the country provides excellent educational opportunities and healthcare. It is important when considering the standard of living to also think about the cost of living in an area, because while one country may provide its residents with a happier lifestyle it may come with a much larger price.
1 - 4 of 4
Showing 20 items per page