He can also be considered a CEO who is managing his emirate like a big company using the modern management principles. He is using the principles of modern participatory management as he does not confine himself to boardrooms or high power meetings and actually visits workplace and construction sites. He is also known to make tough decision on the spot by rewarding employees for good work while also firing poor performers. Another important aspect of Sheikh's policy is encouragement of women workforce. He not only hires women but also encourages them to go ahead in their career ambitions while also bringing along more women in all business fields. He is also known to be a staunch supporter of foreign educated locals. He encourages these modern and educated individuals to curb the forces of red tapism. He has a vision for his emirate and he also knows how to make others feel the same vision.
Dubai has created its advantage by creating the most dynamic business environments in the world. This has not happened only because of buildings, islands and hotels; they in fact facilitated all necessary requirements of a good business environment. The requirements provided by UAE and Dubai include laws & regulations, no corporate & income taxes, property & ownership rules and last but not the least the liberal social environment. Now Dubai Stock Exchange is going to make waves in the world's stock market."The new Dubai International Financial Exchange (DIFX), expects to open its door to issuers and investors of any nationality. The new bourse will offer settlement / clearing facilities and corporate governance standards on par with prime exchanges, notably New York, London and Tokyo. It will target potential issuers in the UAE, other GCC states, Levant, North Africa, Turkey and India. Steffen Schubert, chief executive of DIFX, explained:;Our role is to allow companies an alternative to listing in Europe or the U.S. And to list on a market that is in the same time zone'" (Siddiqi, 2005).
The Israel Model
Israel is the only Jewish state surrounded by Arab nations in the Middle East. Unlike other Arab countries in the region Israel's competitive advantage lies in its home grown & multi-billion dollar arms industry. Israel's arms industry is the most technologically advanced in the Middle East. Israel offers its clients a wide range of defense products; small arms, light armor and practical equipment refinements, complete major weapons systems and defense equipments. They have not only developed these systems but they also continue to upgrade packages. Israel's defense ministry exports most of its equipment to a world market. They cater to USA, Australia, UK, Croatia and South Korea & South American markets. Israel has also maintained successful business relationship with Turkey in the realm of arms supply. Not only arms but Israel has also made its name in space technology. "Israel's defense industry also put that country into the space age - its aerospace companies, who cut their teeth on defense contracts, made Israel in 1990 only the 8th country in the world to launch its own satellite of indigenous design and manufacture (Offeq), using its own launcher (an indigenous Israeli Aircraft Industries three-stage rocket, Shavit). Israel has become one of the world's top 10 defense manufacturing nations by volume; its defense industry is the largest manufacturing employer in the country and now the biggest single earner of industrial exports" (Smith, 1997).
Marketing skills & a lead in technology are clearly the competitive plus points of Israel. Among other advantages Israel has also been credited for nurturing a democracy in its country as Israel is one of the few states in the Middle East allowing democratic election of government. However at same time Israel has been criticized for its unhealthy relations with most of its neighbors. Human rights organizations continue to blame Israel for its violations in the Palestinian territory. Amidst tension there is always this hope that relations of Israel will continue to improve with the countries of the region shift from tension and conflict to economic competition. Peace and amiable relationships are prerequisites if Israeli products seek to have a serious edge, or penetration in surrounding states' markets.
Competitive Edge
In business branding strategies are adopted to succeed in the competitive business environment. The brand is not just marketed as a product that provides benefits and fulfills needs but efforts are made to adopt strategies to make it a long-term success. Similarly nations become brands in the global environment and states and governments make efforts to gain competitive edge. The success...
Every year more than million local population migrate towards the urban areas. Gender Discrimination: The regional religious clerics and their influence over the governments have created broad problems for women, and thereby restricting their integration and involvement into society and profession. Although the females have secured permission to vote, and fight elections, but they are subjected to difficult terms and conditions. The employment of females in MENA has improved, however
On the economic strategy, MEPI has sponsored commercial law programs, development of infrastructures for information technology, and debt reform in Morocco, Tunisia, and Algeria. One of the most notable strategies of the Middle East Partnership Initiative is its ongoing shift of resources to the less offensive path of economic developments that are regime-led. This is a shift from the program's traditional strategy of democracy promotion and involvement with local voluntary
Their primary operations revolve around programs of exchange and dialogues, but also the offering of support for various endeavors aimed at increasing social and economic stability for the Egyptian population (HANDS Website, 2006). The institution was founded in 1988 and has since offered its support to more than 30 local organizations that were struggling to improve the quality of life for the native population. Aside the moral and economic help,
The purpose of such bifurcation is the enabling of the parties to the arbitration to maintain control of the impact of the Shariah in the law that they choose for arbitration. Middle East states that have not removed religion from their rules of arbitration will continue to administer arbitrations through strictly adhering with the principles of Shariah law and it is likely that these states will place a prohibition
In regards to leadership, the Leaders in this region were all authoritarian and harbored conservative ideologies. The second form is in regard to the need for personal freedom. This has been displayed in the level of opposition that the citizens of the Greater Middle East have put up in order to oppose their authoritarian regimes that shared anti-American sentiments. Geo-economic importance The Greater Middle East region shapes itself in various ways. Oil
Significant cultural, scientific and political developments are to be observed in this period in virtually the entire Greater Middle East. The fall of the Ottoman Empire in 1918 brought the Arab world into a great disappointment as the territories of the Empire were shared by the English (Egypt and Cyprus and strong influence in Iraq, Palestine and Saudi Arabia) and the French (Syria, Lebanon) occupants. Arab unity cracked down and
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