Essays on The Impact of Tourism Industry on the UAE Economy Assignment

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The paper "The Impact of Tourism Industry on the UAE Economy" is an outstanding example of a macro & microeconomics assignment. In Dubai which is considered the best tourism destination, nationalities involved in tourism are as follows: 42.3% Indian, Emirati 17%, Pakistani 13.3%, Bangladeshi, 7.5%, other Arabs, 9.1% and other nationalities 10.8% (Nield, 1020). Has it benefited from Government spending on the infrastructure? Dubai has considerably shown high government spending on infrastructure particularly geared towards promoting tourism. According to a report by the UAE’ s economy, more than 45 per cent of 2010 budget expenditure (US$4.71 billion) was allocated to infrastructure and transport alone (Business Monitor International, 2010). The UAE is also progressing with the strategy to be a component of the US$100 billion GCC Railway Project that will connect the Gulf countries as one by rail.

The rail project includes a 1,500km local rail network that is due to be transported by 2015 with an estimated value of US$11 billion. Light rail and metro systems are also under consideration. The Government also initiated a US$4.1 billion upgrading of the airport that was intended to accommodate or handle 40 million passengers by 2010 and 100 million by 2025 (Matthews, 2003). Discuss the telecommunication industry of the UAE.

Is it very competitive? How does it support other industries in the UAE? Telecommunication industry of the UAE The UAE's telecommunication has grown significantly in the recent past. Today UAE is said to be is among the most technologically sophisticated countries in the Middle East. At the heart of the growing information technology market, the UAE IT sector grew from US$ 6.9 billion in 2003 to more than US$ 9.5 billion in 2005 (United Arab Emirates Country Profile, 2007). The tremendous growth in telecommunications has been propelled by various factors but not limited to government initiatives aimed at the deregulation of the market and introduction of competition, liberalization in the sector and new legislation adopted in 2004 resulted in the creation of a new "independent" regulator, the Telecommunications Regulatory Authority (TRA) Prior to liberalization, the UAE’ s telecommunications market had a single entity, Emirates Telecommunications Corporation (Etisalat), operating in the capacity of both a telecom regulative body and a fully-fledged telecom service provider, at the same time.

Works Cited

Business Monitor International. United Arab Emirates Tourism Report Q4 2010, October 21, 2010

David M. Stipanuk. Tourism and Technology: Interactions and implications, Tourism Management, Vole 14, issue 4, Aug, 1993.

Joan C. Henderson. Tourism in Dubai: overcoming barriers to destination development international Journal of Tourism Research, Volume 8, Issue 2, pages 87–99, March/April 2006.

Mathews N. Expansion spree: airports in the Middle East will be building new runways and terminals through 2015. Aviation Week and Space Technology 159 (2003) (22): 42.

Mohamed R. Bualhamam. The study of urban growth impact in tourism area using remote sensing and GIS technique for north part of the UAE, Journal of Geography and Regional Planning (June, 2009) Vol. 2(6), pp. 166-175

Richard Nield. The UAE's economy: a tale of two cities in 2010’, Middle East Economic Digest, 2010.

UAE Country Profile: United Arab Emirates (UAE) Library of Congress – Federal Research Division July 2007

Wam. UAE travel and tourism one of key contributors to GDP:Emirates leads Mideast among nations with most advanced travel and tourism sectors Published in Emirates 24 News, Sunday, August 28, 2011

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