United Arab Emirates Foreign Investment Regulations Essay Example for Free

United Arab Emirates Foreign Investment Regulations Essay Introduction The United Arab Emirates (UAE) is a combination of seven countries and was formed the year 1971 immediately after the British withdrew from Gulf war. It has been known as the major exporter of petroleum in the world. In order to reduce over reliance on petroleum the national government has been trying to encourage the foreign investment in Information and communication technology sectors. However various regulatory frameworks have been enacted by the national government to increase investment in the region. The national government assigns duties to federal government explaining how information and communication technologies are set up by foreign companies. Kuwait and United Arab Emirates have been recognized as centres where sophisticated technologies are found in the Middle East because of the policy of being a free trade zone.   Ã‚  Ã‚   In order to have a competitive ability or advantage in the world market the countries have established a foreign investment regulatory framework to enable them fit well in the information and communication technology market. The investment in ICT has been encouraged to avoid full reliance on petroleum as source of revenue to the national government. The regulatory framework has stimulated the growth of different business ranging from global ,regional to local small and medium Enterprises(SMEs).There have been laws governing the ICT ,foreign direct investment and technology transfer in the countries making them to enjoy competitive advantage in the business environment1 .   A good example of a regulatory law governing foreign investors is the Telecommunications Regulatory Authority (TRA).The law was established in the year 2003 to ensure that there is adequacy in the distribution of telecommunication services in the United Arab Emirates and Kuwait Land. The services to be provided should encompass quality and other elements that bring substantial development to the communication sector. The Telecommunication Regulatory Authority also issue new licenses to the operational Data Services providers (DSPs) and Internet Service Providers (ISPs).The new licenses issued by the TRA is aimed at ensuring development of the Telecommunication sector.    The other role played by the TRA in order to attract and protect young investors in the countries is inviting telecommunication engineering firms to submit their proposals on technical and financial evaluation so that they can help in taking the responsibilities in operating the telecommunications technical office. The Telecommunications Regulatory Authority therefore has contributed a lot in attracting foreign investors to develop the ICT firms due to low growth of information and communication technology firm in both United Arab Emirates states and Kuwait2..   Ã‚  Ã‚   The other Regulation enacted by the national government is the National Telecommunications Regulatory Authority(NTRA).The NTRA has come up with a new tariff offer with an objective of promoting healthy competition between operators so that development in telecommunication field can be enhanced3 .For instance there has been a contractual or agreement model   of interconnection that makes it easy for an operator to buy a capacity of interconnection for a fixed tariff .This has been enacted to bring a substantial development in the countries. Conclusion. The slow development in Information and Communication Technology sector in UAE and Kuwait called for enactment of various foreign investments regulations to enhance growth in the sector. The foreign investors in the communication field have been encouraged to invest so as to make the states have competitive advantage in the global market. It also aims at reducing full dependence on petroleum as the only source of revenue to the national and federal governments. Bibliography Christian Campbell and Editor Campbell .Legal Aspects of doing business in the Middle East.   Ã‚  Ã‚   London: Lulu 2006. Elizabeth Fox Genovese.The Middle East and North Africa 2000.Middle East: Europa   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Publications 2002. World of Information .Middle East Review. The economic and Business report .London: Kogan   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   2003. 1 Christian Campbell and Editor Campbell .Legal Aspects of doing business in the Middle East. London: Lulu 2006 2 World of Information .Middle East Review. The economic and Business report .London: Kogan 2003 3 Elizabeth Fox Genovese.The Middle East and North Africa 2000.Middle East: Europa publications 2002.

Hamlet - Shakespeares Ophelia as Modern Icon Essay -- Hamlet essays

Hamlet - Shakespeare's Ophelia as Modern Icon Shakespeare's Ophelia is not lacking in attention. As one of Shakespeare's most popular female characters she has enjoyed many appellations from the bard. '"Fair Ophelia." "Most beautified Ophelia." "Pretty Ophelia." "Sweet Ophelia." "Dear Ophelia." "Beautiful Ophelia†¦sweet maid†¦poor wretch." "Poor Ophelia."' (Vest 1) All of these names for Ophelia can be found in Shakespeare's The Tragedy of Hamlet, Prince of Denmark. Since Shakespeare's incarnation of Ophelia many have felt the need to offer their opinions of Ophelia as a character. '"Poor wispy Ophelia." "Devastated and emotionally exhausted Ophelia." "Pensive, fair-haired, blue-eyed daughter of the north." "Ophelia the young, the beauteous, the harmless, the pious." "Clumsy Ophelia†¦open-hearted but light-brained†¦incapable either of understanding or of curing." "A weak creature, wanting in truthfulness, in purpose, in force of character, and only interesting when she loses the little wits she had."' (Vest 1 ) These are only a few of the hundreds. For a character that only appears in five of the 20 scenes in Hamlet, Ophelia has garnered a great deal of attention from analysts, critics, artists, actresses, fiction writers, psychologists, and adolescent girls alike. Readers are consistently struck by her character that seems relatively insignificant in the grand scheme of things. Ophelia is many times viewed as only important in relation to Hamlet and the effect she has on him. Ophelia is not just important in this respect, but also in respect to what she tells us about the society she came out of and the society we live in today. First analyzing Shakespeare and his precursors then concentrating on the modern day prominence of ... ...s Write About Their Search For Self. New York: Harper Collins, 1999. Vest, James M. The French Face of Ophelia from Belleforest to Baudelaire. Lanham: University Press of America, 1989. Appendix 1 "Ophelia's Legs (Voyeur in a Small Town)" From Dead Snakes, Cats and the IRS, Poetry of Rock and Rebellion I watch eyes thinking of an old free man's story, seeing slanted gilts of light cat-backed mountains bristling in the distance there is an Ophelia's legs softer than blood in the trail she's unfolded toward crossed by dove's flight and spider tip-toeing- the angle determines what will notice- each's earth fingers reach through as quietly as they must be found. I see this woman, her lovers, some have been mine. The days damn here, filigreed as hair or knowing -Theresa Courtney Gillespie

Resolving Legal Disputes Essay

1. What are the issues involved in resolving legal disputes in international transactions? The issues involved in resolving legal disputes in international transactions include but are not limited to the signing of contracts designed to protect both parties, choice of clause, which forum to use when settling a dispute and if arbitration, if used, will be binding or nonbinding. Something else to think about when resolving legal disputes in international transactions would be to gauge when the government stands in the legal proceedings and to find out if the particular countries government can overrule any decisions made by the companies. Other issues would include the political situation, dominant international laws and cultural issues that would influence the achievement or disappointment of the business venture. 2. What are some practical considerations of taking legal action against a foreign business partner based in another country? Some practical considerations of taking legal action against a foreign business partner based in another country include looking out for the best interest of the company your represent as well as future business ventures with the company or country you are in business with. One would also have to take into consideration economic, legal, and ethical associations. The economy of the country that you are contracted with may have ulterior motives in the business arrangement. There may be something that they are benefiting from that you are not. The legal issues may or may not coincide with the legalities of the company that you represent. To deal with that one must state clearly in the said contract where each party stands. Also the ethics of taking legal action, there are many differences in culture and religion that may or may not arise, if they do happen to ari se reasonable accommodations must be made to avoid discrimination suits. 3. What factors could work against CadMex’s decision to grant sublicensing agreements? Factors that could work against CadMex’s decision to grant sublicensing agreements would be time and money. The time that it would take to set up facilities to be able to produce the drug and also the time it would take to ensure that each facility is working to meet the specific requirements and standards that we require. Money is a factor because it is what is required to set up, run, manufacture, and distribute the said drug. It also takes money to make certain that the sublicensed drug measures up to company ideals. 4. When the local customs and laws conflict with the customs and laws of an organization operating abroad, which should prevail? Explain why. When the local customs and laws conflict with the customs and laws of an organization operating abroad, both should prevail because there are laws in both cases where if you abide by one set of laws you would be violating another set. In the simulation, there was a week in July where the locals were forbidden to shave although company policy states that they must be shaven. Local and organizational laws forbid discrimination against an employee because of religious beliefs. This was a special situation because a blend of both local and organizational laws was used to rectify the situation. 5. How would you compare the issues in this simulation to the domestic legal issues discussed in your Week One readings? How should companies resolve domestic and international issues differently? The issues in this simulation compare to the domestic legal issues discussed in my Week One readings because in both instances the domestic legal issues brought up the issue of arbitration and how to use it as a forum for settling legal issues. The reading in Week One explained how to use arbitration in a domestic sense rather than international. It also explained areas that may be a bit confusing to some. Companies should resolve domestic and international issues differently by specifying which authority disputes are referred.

The Acknowledgement Of Group Conformity - 1699 Words

The acknowledgment of group conformity dates back at least to the 17th century all the way to the present, including psychologists who conducted series of social psychology experiments such as the Yale University psychologist Stanley Milgram, Solomon Asch, Phillip Zimbardo, James A. F. Stoner and many more. It is important to have an understanding of group dynamics and how they can hinder the ability and willingness of a group to think critically of itself, to look outside itself for help, and to act in ways that might compromise the equilibrium or status-quo. Solomon Ash, Phillip Zimbardo, James stoner and Stanley Milgram studies show how shows how group identification and pressure can override realistic assessment of different courses of thought and action; leading to conformity. The Asch experiment was conformity test conducted by Solomon Asch that showed how individuals were affected by a majority and the effect of such influences on beliefs and opinions. Thus experiment predict that in a group situation, on average, about one third, at least 32% of the individuals will conform completely, 40% will conform part of the time, and 25% of a group will act totally independently from the rest of the group. Thanks to this study sociologists can evaluate the likelihood for individuals to conform. Often, Conformity occur through the need to fit into society and to do so individuals try to agree with what the majority say. For example, if the majority of students from an advancedShow MoreRelatedConformity and Individuality Essay933 Words   |  4 PagesConformity Speech I strongly believe that individuality should be valued over conformity. Today I will tell you how precious and rare individuality is, and why we should value it over conformity. As human beings, our lives are circled around a thin line that separates conformity and individuality. There are countless times when we are confused about whether our choice was made by others, or yourself. 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