UAE AND GCC SOCIETY Introduction Several leading organizations around the globe are trying to bring sustainability in their business process in order to overcome several legal and environmental challenges. UAE and several GCC Countries are known as major oil producers and distributors in global places…
Government of several countries is developing various environmental policies in order to reduce the threat of global warming through the reduction of carbon emission level. Moreover, the governments are motivating the organizations to conduct sustainable business practices. Gulf countries are trying to introduce non-carbon energy sources in order to control the level of carbon emission. The study will focus on the alternative energy sources of oil and sustainable development of Gulf countries in future. Discussion GCC countries are the incremental suppliers of oil and gas for entire globe. First of all, day-by-day the price of oil and gas are increasing dramatically. Secondly, higher consumption of fossil fuels is increasing the level of carbon emission. Therefore, government of all the developed and developing countries is motivating industries and communities to reduce the consumption of oil and gas. Moreover, people are trying to use substitute of oil and gas as their energy resources. These substitutes are solar energy, wind energy and electric energy. Looking into these factors, GCC countries are trying to develop several environmental policies to reduce the consumption of oil and gas. ...
Rapid energy demand growth can be attributed to three several affiliated causes. Due to several demographic changes, industrialization and low price level are motivating people to consume electricity as major energy resources. The GCC countries are manufacturing and distribution oil as the form of a cartel the name of this cartel is OPEC. They are maintaining the price of oil in global countries. Moreover, due to total control over oil and gas, OPEC is increasing the price of oil and gas on regular basis. In addition, burning of fossil fuel is increasing the level of carbon emission that is resulting rapid global climate change. Looking into these factors, several organizations and industries within all the GCC countries are trying to reduce the consumption of oil and gas. They are trying to implement substitute energy resources of oil and gas in their business process. Demand for solar energy and electrical energy is significantly increasing in UAE. It is true that, people now-a-days are trying to avoid the consumption of fossil fuel cars. Petrol or diesel vehicles are more costly comparing to other substitute vehicles. Leading organizations around the globe are trying to capitalize on the opportunities that have been developed due to globalization and advanced technologies. Several vehicle manufacturing organizations are trying to provide energy efficient cars and electric cars to reduce the consumption of oil and gas. These organizations are making profit through this strategy and this strategy is bringing sustainability in the economy, environment and society of a country. Wind, solar and water energy are considered as the renewable energy sources. Economic growth of a country highly depends on the ...
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(UAE AND GCC SOCIETY Essay Example | Topics and Well Written Essays - 1250 Words)
“UAE AND GCC SOCIETY Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.net/education/100416-uae-and-gcc-society.
This bank was brought into existence by Ahmed El Najjar’s pioneering efforts. The fundamental principal according to which this bank worked was profit sharing on the basis of Shariah’s non-interest based philosophy. It took only 13 years till 1976 for nine more banks like this to open in Egypt.
This integration is usually done by signing some written agreements that briefly describe which areas need cooperation (EU Learning, n.d.). GCC, Gulf Corporation Council includes the six Gulf countries; Saudi Arabia, Bahrain, Kuwait, Qatar, the United Arab Emirates and Oman.
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Contextually, the concerned authorities in these countries forbid the materials present in the internet that have the potential to unfavorably hinder the welfare of the nation by any mean. Internet Censorship in the GCC Region Censorship is regarded as the control of speech or other communication in public, which is deemed to impose objectionable or harmful impacts on the targeted audiences or the society altogether.
Being an Islamic region, countries in the GCC have been known to discriminate against women on the political, economic and social fronts (Doumato & Marsha, 2005). For long, the member states have been reluctant to accept discussions on the status of women, especially about their liberties and rights, as mirrored in their lack of political rights, protection against discrimination, legal rights and autonomy.
Currently, approximately 120 million tons of waste is produced in the Gulf Cooperation Council countries (GCC) putting the region in the top ten worldwide ranking of the biggest waste producers per capita. The United Arab Emirates
Following the discovery of massive reserves of oil, a major transformation occurred in the country. The country started to invest large amounts of money on its infrastructure and developing the country in general (Tristam).