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Dubai Research - Essay Example

Summary
Oil has established the economy of UAE and this liquid gold will continue to play a significant role so long as it exists, maybe for another hundred year of extraction. But the hard fact remains to be seen by all those concerned – the Government, business houses and the…
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Dubai Research
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The areas are as follows- housing, tourist industry, industrial and commercial facilities, educational and healthcare amenities, ports and transportation, airports and utilities and they are all refurbished to tailor to the needs of sophisticated demands of the new generation citizens of Dubai. All these basic infrastructures are undergoing a rapid and massive development. Along with this, Dubai Government is committed to shifting away from old economic pattern and embrace New Economy and the industries categorized in the zone, comprising multimedia businesses, telecommunications, Internet, Remote Service Provider, Venture Capitalists and others.

The launch pad for realizing this is the Dubai Internet City, a US$700 million project financed by the government. We know, that success and development require good planning, adequate investment and professional implementation. Therefore, the economic tide will flow if the stops are pulled off, and the barriers are removed one by one to let in a relatively liberal business environment. Even if the country has made great advances, the task before the government now is to mobilize co-ordination of efforts between the various executive agency departments and make a serious effort to curb the rising costs.

Executive Agencies: For any country, a government agency runs the machinery of government, as they are responsible for overview and administration of specific functions. Suitable for agency status are challenges before the Executive Office are administrative simplification and cut costs at different levels, the processes are converting strategies into actions, mobilizing decentralization processes and communicating the activities across government. The government can formulate a number of policies to promote the use of public transport, thus safeguarding government investments.

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