PESTAL ANALYSIS OF THE FINANCIAL SECTOR IN UAE Free Essay, Term Paper and Book Report
Introduction:
Financial services are growing fast in the UAE, in the year 1998 the finance institution and insurance represented 7.98% from the Gross domestic product and in the year 2001 the finance sector had grown to reach 11%, which shows the level of financial services in the country. This report includes information about the PEST Analysis. Also we included some information about the Islamic Banking to give Mr.Prakesh a good idea about their rule in the country. Moreover we added information about the Promotion, advertising, distribution and pricing strategies.
PEST Analysis:
Political Factors:
In the United Arab Emirates , the Supreme Council of the Federation is the only official authority authorizing laws. The political environment in our country is peaceful and stable there is no taxes. Securing and respecting the individual freedom is the basis of UAE economy. Ownership is protected, and individuals have all the right to practice or even establish all types of economic activities as long as those activities are completely accorded with the UAE laws. As we kn......
Word Count: 2030
Page Count: 8.1 (250 words a page / double spaced)
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