Financial Market in Abu Dhabi Essay Example | Topics and Well Written Essays - 1000 words

Financial Market in Abu Dhabi - Essay Example The global environments where the strategies have been implemented to develop the financial markets have changed drastically because of the overall financial crisis. But the GCC (i.e. the Corporation Council of the Arab States in the Gulf Region) has a chance to succeed in developing the financial markets and consequently promoting their competitiveness. Economic condition in the GCC market is supported by the region’s wealth due to their high oil and gas supplies. The past few years of financial turmoil have also pointed out the challenges and the necessity to a bigger and more effective and mature financial markets. There are a large number of structural factors which will determine the development prospect related to the financial markets in the Gulf region in the next few years (Deutsche Bank AG, 2012). ... Abu Dhabi: Leading in the Middle East region in respect of the Investors Confidence Abu Dhabi is viewed as an access point for most of the investors because of its location, the economic policies which are business friendly in nature and also the advances in different sectors. According to the investors, they are confident that the financial market of this country is one of the best options where they can make investments. United Arab Emirates is leading the Middle East region in terms of gaining the investor’s confidence. Abu Dhabi has become one of the top destinations for making investment. It will continue to expand because of its positive experience, excellent performances and the attraction of the new investors in investing in its financial market. Abu Dhabi Financial Market United Arab Emirates previously had an informal stock market from the year 1986 with more than ninety listed companies listed in this stock market and traded from here. But the trading was restricted to shares of only 32 to 36 companies because the shares of most of the companies were held by government or high net worth individuals. The informal market of United Arab Emirates existed before the establishment of the Abu Dhabi Stock Exchange (ADX) in Abu Dhabi and Dubai Financial Market (DFM) in Dubai in the year 2000. Abu Dhabi Securities Exchange was established on 15th November 2000 by the Local Law No. (3) 2000. It was established as one of the legal entities with autonomous status. Abu Dhabi Securities Exchange has the legal authority of establishing branches and centers outside the Emirates of Abu Dhabi. Currently, ADX has its operations in Ras al Khaimah, Sharjah and Zaayed City and

Race and Failures of Federalism Essay Example | Topics and Well Written Essays - 250 words

Race and Failures of Federalism - Essay Example Additionally, federalism recognized the need for national unity, which led to the preservation of the social order and protection of individual liberty. Some of the America political leaders disagreed on issues relating to the federal division of government power. The state-centered power ensured that slavery appear as an institution, which was a contradiction to the principles of equality and individual liberty. The move limited the realization of the black freedom. Under federalism, slavery appeared singly as a domestic institution protected and established under the local and state laws. However, as the event unfolded, the controversies and misinterpretation of issues culminated in conflicts. This in its part limited the achievement of the black freedom. As highlighted in the case of Hurricane Katrina, the underlying contradiction in the federal powers had a profound impact on the Africa-Americans (Lubiano, 2005). The progression of the federal power did not help much in alleviating slavery and restoring the social order amongst the