...Solar Energy: The Present and Future of the Middle East Aalim Saleem The American University of Sharjah Dr. Victoria Amador November 22, 2015 Abstract Solar energy, a pure and limitless amount of energy, has been one of the rising and popular forms of power in the Middle East. A region that is solely dependent on oil and gas as a form of energy. Since oil and gas is non-renewable and also damages the environment severely, countries in the Middle East have turned to a different form of energy. solar energy has become its direct competitor in recent years. The different projects and prospects that each country in the Middle East is pushing towards is a clear example of how important solar energy has become to these countries. Increase in economy and the many advantages of having solar energy for the environment are two benefits that this source of power is capable of providing to these countries. A limitation of solar panels is an aspect that helps gives both sides to this research paper. Accordingly this research paper discusses how all these factors are benefiting the Middle East and hence should solar energy be the main source of energy in this region. Solar Energy: The Future and Present of the Middle East Solar energy is the energy from the sun that is converted into thermal or electrical energy. It is one of the most abundant and cleanest renewable energy sources available, since it’s directly obtained from the sun. Solar energy has been around since the time...
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...“New trends of Middle East Economy” Middle East Economy Background Main economic sectors & main actors Current trends with alternative investment apart from oil industry” by Panakant Raschasri 5303640691 Middle East Economy Background The economic structure of Middle Eastern nations are different in the sense that while some nations are heavily dependent on export of only oil and oil-related products (such as Saudi Arabia, the UAE and Kuwait), others have a highly diverse economic base (such as Cyprus, Israel, Turkey and Egypt). Industries of the Middle Eastern region include oil and oil-related products, agriculture, cotton, cattle, dairy, textiles, leather products, surgical instruments, defense equipment (guns, ammunition, tanks, submarines, fighter jets, UAVs, and missiles). Banking is also an important sector of the economies, especially in the case of UAE and Bahrain. Main economic sectors & main actors Middle Eastern Oil-Exporting Countries The oil exporters comprise 12 countries: the six countries of the Gulf Cooperation Council (GCC—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates) and Algeria, Iran, Iraq, Libya, Sudan, and Yemen. Together, they account for 65 percent of global oil reserves and 45 percent of natural gas reserves. The countries are mainly exporters of oil, gas, and refined products, with oil and gas contributing about 50 percent to GDP and80 percent to revenue. They are diverse and differ substantially in terms of per...
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...The Hezbollah have played a major role in contributing to the conflict in the Middle East. As a ‘party of God’ they have been labelled as a terrorist organisation for their ‘revolutionary resistance’ to Israeli presence in the Middle East. The future of the Hezbollah is currently unknown but many believe it has passed its time. Almost every conflict seen or heard in the media and on the news about the Middle East has been attributed to a war or a ‘Jihad’ against Western ideology. There are many different groups and Islamic extremists that have declared war on Western society including the Jewish people within the State of Israel. But one extremist Islamic political party or militant group behind anti-Israeli culture and their occupation in...
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...Middle East Water Shortage | | | ------------------------------------------------- Top of FormRate This Paper: 12345Bottom of Form Length: 1101 words (3.1 double-spaced pages) Rating: Red (FREE) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Due to geography and population growth, the Middle East nations are faced with a growing demand for a shrinking water supply. Throughout most of the Middle East region rainfall is irregular and the rainy season is very short. The World Bank reports that this area (including North Africa) has 5% of the world’s population, but only 1% of the world’s water. Droughts have been occurring more frequently and lasting longer, warning of a bleaker future. Man himself has not helped the situation. The rivers in the Middle East are being diverted, dammed, aquifers are being drained and polluted by pesticides and sea salt, and even marshes are drying up due to over-pumping. The countries that do have access to the precious few water sources do not conserve it, preserve it, nor can they agree on how to manage and share the water fairly. The need for water is not only for human consumption, but it is also vital in order to sustain agriculture. A nation that is unable to produce enough water and thus, food, for their own people is reliant on other nations to provide for them. This dependence can give rise to suspicion and conflict, which unsurprisingly has plagued this area of the world for centuries. The population...
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...under-developed countries. The developed countries, including the United States, Canada, most of west Europe countries, Japan and Australia, are all free capitalist society with a well functioned democratic government and a free market economic system. The under-developed countries, including Russia and east Europe countries, India, China, Mexico, South America and Africa, are relative poor, where capitalism has not yet developed into a healthy form. In Middle East, Israel belongs to welldeveloped camp but the rest goes to under-developed category. In this essay I will discuss the history, the present and the future trend of politic and economic relationship between developed and under-developed countries. My purpose is to develop an intellectual framework, through which one could acquire a comprehensive understanding on basic characteristics of various human societies and their interaction in today’s world: where they were from; where they are now; and where they are likely heading to in future. I will illustrate that there are three different systems in under developed world: the under-developed capitalism, the totalitarian capitalism and the military imperialism of developed countries in Middle East. Developed countries, in dealing with under developed world, are in a very much favored position. They are with full strategic initiatives in the on-going global politic and economic game. The most serious threat to capitalist civilization remains to be the haunting ghost of Malthus, that is...
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...ten months and it started from event of signing contract until the completion of boat. The installments made for sales of boat are made in three installments; first 20% of deposit paid when the contract has been signed by customer, another 30% will be paid once the engine of boat was delivered and the remainder of payment will be made when the customer has inspected the completion of the boat. Sales agents play pivotal role in continuous sales in Merbatty, where these people will secure sales from the end customer and help the sale process from initial contact until delivery of boat. The employees of Merbatty have reached almost 2,200 employees in the meantime, and will be added to accommodate other facilities that will be opened in Middle East at the next year of 2013. The expansion of Merbatty worldwide will be in the five-year plan, and the new boat building facility will be built in year 2013, where another 180 additional boats can be built in...
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...WMD proliferation, Instability in the MiddleEast, Oil supply uncertainty) Of all the political risks covered, the Iraq/Middle East threat has the greatest likelihood of triggering the other major threats. Thus, the worsening of the Iraq/Middle East situation poses the gravest threat to the growth and stability of the world economy. If the situation in Iraq further deteriorates, the threat of sectarian violence spreading in the region increases and instability results. By this threat alone, this is a serious risk. However, the chain of events it could trigger is more significant. *Increasing incentives to join terrorism The conflict in Iraq and the Middle East, where civilian lives were lost and impoverished makes it easier for terrorist groups to attract new recruits. Destruction of lives and property, as well as the resulting chaos could popularize anti-US/Western sentiment. Also, joining terrorist groups could also be an escape from the difficulty of surviving in the ongoing chaos. The threat of this new wave of terrorist activities could result in a more unsecure world, where asymmetric warfare could break out in different regions. *Worsening oil supply uncertainty As the Middle East region accounts for more than half of the world’s oil reserves, with Saudi Arabia alone accounting for 25%, the effect of an unstable Middle East directly leads to a more uncertain oil supply for the world. Over the recent years, the number of attacks on oil-producing infrastructure...
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...Literature Review on Human Resource Management in the Middle East. This paper seeks to investigate and review the literature of Human Resources Management (HRM) and its integration into the Middle East. According to Jordanian researchers, Aladwan, Bhunupgopan, & Fish, the few available 129 HRM Jordanian studies are not based on empirically-based but tend to be anecdotal in nature. Consequently, little concrete information exists to chart an effective awareness of either current or future HRM strategies or practices in the Middle East (2014). More fundamentally, structural barriers exists as well. Some of the local challenges that confronted the region included the very rapid demographic shift in the population, the varying oil prices, the glaring extremes of wealth, inadequate educational system and a very large semi illiterate population, and less than assertive governments that failed to bring long-term and short-term changes (Harry, 2007). To begin, there must be some recognition of the diversity of the Middle East. The three main areas are so-called because of the legacy of colonization and European statecraft. The Levant consists of the geographical region that includes Israel, Palestine, Syria, Jordan and Lebanon. This area has a very long history tied to Europe going back centuries to the Crusades and the Holy Roman Empire. The Gulf regions comprised of the Arabian Peninsula and has only been regionally important in the past century and the discovery of oil....
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...Have you ever wondered what life is like for women and girls in the Middle East? Many people assume that their lives are similar to those of women and girls in the USA. After all, we are treated fairly well. But in some places, especially the Middle East, women have much fewer rights than men. Most don't get a proper education, and all are forced to be extremely modest. That is why we should support women and girls in the Middle East. In the Middle East, women and girls have fewer rights than men. An example of this is arranged marriage. If a woman tries to escape an arranged marriage, her own family can beat and/or kill her. Also, there is a lot of discrimination against women and girls in the Middle East, but women fight back! An example of this is a women’s basketball club in South Saudi Arabia. They use the club to fight against sports discrimination and stereotypes. In addition to all that, women cannot drive. The only woman taxi driver in...
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...Executive Summary The purpose of this business proposal is to gain investor interest in capitalizing on Saudi Arabia’s blooming construction industry. Due to the lack of demand in the US, Future Growth Inc. has cut down on manufacturing construction and forestry machinery. The emerging demand for heavy machinery in the Middle East motivates FGI to increase barriers to entry in the construction industry by using pricing and nonpricing strategies. FGI needs financial support in the endeavor to enter the global economy with significant advertisement and appropriate prices. Week 4 Business Proposal Future Growth Inc. (FGI) has the ability and determination to succeed. Since 1951 FGI has built, sold, and financed its own brand of construction and forestry equipment with increased profits year after year. Due to the falling American economy, profits declined 30 percent, one-third of FGI’s workforce was laid off, and the domino effect of reduced new-home sales has hindered the entire construction industry. Despite the economic downturn, hospitals and nursing homes still have a demand for new buildings in the United States (University of Phoenix). Future Growth Inc. manufactures heavy construction equipment used for the development of residential and nonresidential buildings, energy and manufacturing plants, water lines, roads, and bridges. Such heavy equipment consists of bulldozers, large cranes, mixers, pavers, and off-highway trucks. Being experienced in the industry...
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...Hezbollah Leader). Who are the Hezbollah? This little statement from their former leader sums it up what they are and what they stand for. Hezbollah is an Islamic Shi’ite group that has its origins in Iran and they also have a branch in Lebanon. Their name in Arabic means “Party of God”, it is derived from the Surra 5, verse 56 of the Quran: Lo! The Party of God, they are victorious, this group is not only a political party but a terrorist organization (Encyclopedia of the Middle East). The flag for the Hezbollah is yellow with a green AK 47 and green rocket truck with the entire globe in the background. The early history and foundation of Hezbollah, Hezbollah came around long before the Iranian revolution of 1979, they have strong ties with the religious scholars from Iran and Lebanon, These scholars or Shi’ite ulema studied theology in the academies in Iraq. During the 1950’s and 1960’s these academies were very active bringing together an Islamic response to nationalism and secularism (Encyclopedia of the Middle East). At this point we need to briefly discus the difference between Sunni and Shiite Musliams, the origin of Islam began back in 610 A.D. Sunnis accept that the first four Caliphs, to include Ali are the rightful followers of Muhammad, they do not grant a divinely inspired status to their clerics like the Shiites do with their imams, Shiites believe imams are descendants of the Prophet. Islam has no code that their laws are based on; it has various schools or thoughts...
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...Blowback and the Perception of Hatred for the Western World by the Middle Eastern/Muslim Community Introduction The concept of blowback refers to those unintended consequences which are suffered by the civil population of an aggressor government as a result of the covert operations of another government or international body. In the context of this research paper, the western world is portrayed as acting on intelligence to effect attacks against the Middle East, and the former emerges as the aggressor. To the affected civil population, the covert operations are perceived as random incidences of political violence, acts which have no justifiable cause. This perception can be attributed to the fact that the civil population is largely ignorant of the underlying causes that necessitated the attack or counter-attack. As a result, this perception creates sentiments of hatred for the western world with the common view being that the native Middle Eastern community is being victimized for its inherent cultural or religious beliefs. According to Brown, the concept of blowback was first coined by the Central Intelligence Agency and refers to the negative consequences of foreign policies that were kept secret by the agency from the American people (74). Brown notes that the frequent reports that are often aired by the media on the malign acts of terrorists, illegal arms merchants or drug lords are usually blowbacks from previous American Intelligence operations. This subsequently...
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...and the conclusion of the war resulted in the destruction of the empires, particularly the Ottoman Empire and Austria-Hungary Empire. The dissolution of the Ottoman Empire allowed many Middle East countries to be self-governed, while the West such as Great Britain and France had more interest in Europe than in the Middle East enabled the former to play a dominant role of colonization in the region. This seeded confrontation between two different civilizations, resulting in chaos later and to a large extent helping shape the Middle East in today's world. This paper attempts to examine this history arguing how the Ottoman Empire declined and eventually dissolved at the end of WWI. It shows that the internal problems of the Empire, such as its backward political and economic system, failed to compete with the increasing influence of the Western European countries, whose government was more efficient and more industrialized than the former, in the Middle East. The paper starts with a discussion of the contemporary situation in the Empire, and then deals with the problems that led to the conflicts between the Ottoman Empire and the European powers over the Middle East during WWI. It finally analyzes how the defeat of the Ottomans and the increasing British and French dominance in the Middle East laid the ground for today's conflicts in the region between the Arabic states and the Jewish nation, which is supported by the West. Since 1600s the Ottoman Empire had controlled a large...
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...discourse of Entrepreneurship within Middle East Countries is a primary field of interest that has received the attention of many authors and academic experts during recent times. The existing Body of Law on a comprehensive basis has adequately analyzed the way in which the scientific and economical advancements, have taken place in the Middle East area. In this point of view, late proofs have broadly confirm how despite the fact that Saudi Arabia is now considered as a growing economy which is trying to diversify its exports, mainly based on oil and natural gas, by framing and revising its legal and regulatory environment in order to foster entrepreneurship activities and the private sector interest. It leads to growing concern about the role of women in the economic environment, with legal and ethical consideration of the women’s role in the existing socio-cultural make-up of the country. The way in which countries like Saudi Arabia, have developed a domestic organized economy that is based on entrepreneurship is a hypothesis that has been widely tested and cited within the existing body of Literature. Although many academic experts believe that Middle East countries still retain a promising potential for growth (Shachmurove, 2004), major obstacles in terms of detrimental factors such as corruption, unclear regulations and reliance on oil have also recognized. Women are therefore believed to play a primary role in the entrepreneurial future of the region. In order to leverage...
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...AIR ARABIA PJSC Highlights FIN 324 Research Report Date : RE Economic Impact: In 2010-2011, the Middle Eastern carrier traffic rose by 8.9% and the passenger traffic rose by 6% which shows that air travel has become the preferred method of transportation in this region. There was a rise in fuel prices by 36.6% compared to 2010 and the airline hedged 17% of its fuel consumption in 2011. According to IATA, International freight demand will grow at 4.9% in the Middle East, the strongest growth among the regions. Price: AED 0.59 Ticker: PJSC Recommendation: BUY Price Target : AED 0.79 Future Plans: Air Arabia plans to remain focused by capitalizing on their strength and remains the leading low cast air travel provider for the region with more number of destinations and highest-quality services. It aims at establishing more hubs to Link the whole range of the Arab World to Africa and Europe. It also signed agreement with Airbus to acquire 44 A320 aircraft by 2016. Financial Analysis: As of 2011, the ROA decreased from 4.86% in 2010 to 3.85%. The ROE also dropped slightly by 0.54%. Profitability and asset management ratios decreased by a slight percentage but the airline portrays operating efficiency. In addition the liquidity position of the firm is very strong and the airline has seen a reduction in its dividend payout ratio. Buy Recommendation: Based on the target price of Air Arabia’s Stock, the recommendation is to BUY. As we can see in the appendix...
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