UAE stock market Essay Example | Topics and Well Written Essays - 750 words

UAE stock market - Essay Example The stock prices were fluctuating widely. Lack of sustainability produced the need of making a proper system with outlined regulations and laws. Government and other officials realized that the appropriate existence of market will be able to attract the investors in UAE in market. Hence, the Government decided to develop such a system where investors can rely and invest their money. After a great effort, the development of a proper stock exchange market took place in the year of 2000 in the presence of law number 4, and then in the year of 2000, Dubai Financial Market (DFM) and Abu Dhabi Securities Market (ADSM) were established. From 2000 the proper mechanism of stock exchange was started in UAE (GulfBase). STOCK AND COMMODITY EXCHANGE BOARD The development of stock and commodity exchange board presumes overall controlling responsibility in the stock and commodity exchange market in UAE. It practices the essential control and executive functions to discharge its allocates responsibi lities, and amenities investment of savings and other funds in the stock exchange market in the way that would give out the countrywide economy and make sure communication between the forces of supply and demand to decide fair-haired prices and guard investors, in addition to to promote investment knowledge in a way that would comprehend financial and economic consistency. Dubai Financial Market (DFM) The establishment of Dubai financial market took place on 26th March, 2000. It was registered as a public organization having self-governing authorized individuality. At the initial stage, the joint-stock companies use this market as secondary market for the buying and selling of stocks, In addition to the exchange of bonds that are issued by the UAE government, any of the local government bodies, institutions and public organizations within the government or investment units allocated from the local investment funds of a country or any other local or foreign financial instrument that are acceptable to the market of UAE (DFM). ABU DHABI SECURITIES MARKET (ADSM) The establishment of Abu Dhabi financial Market took place in the year of 2000. The establishment of market gives the stock exchange market as self-governing legal identity, managerial and financial independence, in addition to the essential control and decision-making authorities required by the market to release its functions. The official inauguration of the market took place on 15th November, 2000. It works for the security and protection of financial and economic constancy and the establishment and explanation of exchange procedures in such a way as to make sure the liquidity and stability of the market. After the development of stock exchange market the economy of UAE has been continuously growing and there are lots of investments from foreign companies are coming in the economy. The political stability and cultural diversity of UAE attracting the multinationals to make investments in UAE stock marke t. UAE is planning to serve as a financial hub in the Middle East region. The government is starting new projects to attract the investors. The most recent investment in the real state sector is an example. Now there are several companies listed on the stock exchanges of UAE that belongs to different regions of the world. The stock market of UAE is very prominent in Middle East region because it has a high growth rate. The government of UAE is continuously making plans for future projects and revealing it to

Marketing youself Essay Example | Topics and Well Written Essays - 1000 words

Marketing youself - Essay Example From last phase of 2008 onward labour market is in a pathetic condition. Though the data relies by government and non-government agencies reveals that many companies started recruitment phase, but this is mostly at the lower level and for the employees belonging to the age group of 19-24 years. The important grounds for selection of these workers are Communication skill (54%), professional qualification (41%) and work ethics (39%). It has been declared that just 15 percent of the employees will receive a review in their pays in the year 2009. Only 8% of the companies are planning to heir migrant employees and these should be highly skilled (ICPD, 2009). The labour market in UK is composed of 31.23 million people as of 2008. Approximately, 1.3 % of this population is engaged in agriculture, 24.2% in the industry and 74.5 5 in the services industry. The unemployment rate of the country is about 5.6% as of 2008. (CIA World Factbook, 2009). UK has seen major ups and downs with regards to its employment rates. The percentage of the working population has however seen a northward trend since 1993. The report also states that the country spends the lowest amount towards the active based market programs when compared with other countries. UK spends less than 0.4% on its labour market programs as a percentage of the GDP which is much lower than its other counterparts in Europe. The reason for this can be attributed to the astounding success of the economy of the nation which has seen continuous periods of growth for about 57 quarters. Secondly there is very limited regulation and limits on the labour market. (Cort, n.d.). The recent economic downturn has taken its toll on the job market in UK. The unemployment rates have risen sharply. The latest figures released by the government shows that the total number of unemployed people in UK is about 2.26 million as of 2009. Analysts predict that these figures