Presenter’s

Vigneshwaran (5106)Giridhar N (5161)Raghunandan Kumar (5146)MARKETING -2

United Arab Emirates

INDIA-DUBAI

History

UAE is a constitutional federation of seven emirates:

Abu Dhabi (capital and the largest city of the federation) Dubai Sharjah Ajman Umm al-Qaiwain Ras al-Khaimah Fujairah The federation was formally established on 2nd December, 1971

Demographics

DUBAI

Population : 8,190,000 (2010est..,)

Age Structure 0-14 yrs : 25.3%, (M=331,629; F=317977). 15-64yrs : 71.1%, (M=1,115,826; F=707,058). 65-above : 3.6%, (M=66,404; F=24,678).

 Sex Ratio At Birth : 1.05(M/F) Under 15 yrs : 1.04(M/F) 15-64 : 1.58 (M/F). 65yrs & above: 2.691 (M/F).

INDIA

Population 1,180,166,000(2010 est..,)

Age Structure 0-14yrs: 30.8%, (M=188,208,196; F=171,356,024). 15-64yrs: 64.3%, (M=386,432,921;F=364,215,759). 65-above: 4.9; (M=27,258,259; F=30,031,289).

Sex Ratio At Birth : 1.12 (M/F) Under 15 yrs : 1.098 (M/F) 15-64 : 1.061 (M/F) 65yrs & above: 0.908(M/F)

 

Religions : Muslims, Christians, Others. 

Languages : Arabic, Urdu, Persian, English, Hindi, Bengali, Malayalam, Balochi.

Literacy : 77.9%.Economic Status : GDP/PPP : 111.3 billions.Percapita : 43,400$

Religions : Hindu’s, Muslims, Christians, Sikh, Buddhists, Janis, Others.Languages : 216 Languages with more than 10,000 native speakers in India.Literacy : 71.7%Economic Status : GDP/PPP : 3.61 trillions.Percapita : 3,300$

DUBAI INDIA

Culture In Dubai

The UAE culture mainly revolves around the religion of Islam and traditional Arab, and Bedouin culture. In contrast, the city of Dubai is a highly cosmopolitan society with a diverse and vibrant culture.

The influence of Islamic and Arab culture on its architecture, music, attire, cuisine and lifestyle are very prominent as well. Five times every day, Muslims are called to prayer from the minarets of mosques which are scattered around the country.

Major holidays in Dubai include Eid al Fitr, which marks the end of Ramadan, and National Day (2 December ), which marks the formation of the United Arab Emirates.  

Food

Arab food is very popular and is available everywhere in the city, from the small shawarma diners in Deira and Al Karama to the restaurants in Dubai's hotels. Fast food, South Asian, and Chinese cuisines are also very popular and are widely available.

A liquor permit is required to purchase alcohol; however, alcohol is available in bars and restaurants within hotels. 

 Dubai is known for its nightlife. Clubs and bars are found mostly in hotels due to the liquor laws.

Dress and etiquette

The Islamic dress code is not compulsory, unlike in neighbouring Saudi

Arabia. Most Emirati males prefer to wear a kandura, an ankle-length white shirt woven from wool or cotton, and most Emirati women wear an abaya, a black over-garment covering most parts of the body. 

This attire is particularly well-suited for the UAE's hot and dry climate. Western-style clothing is, however, dominant because of the large expatriate population, and this practice is beginning to grow in popularity among Emiratis.

Etiquette is an important aspect of UAE culture and tradition. Recently, many expatriates have disregarded the law and been arrested for indecent clothing, or lack thereof, at beaches. 

Dubai Map and Logo

Arabic Phrases

Assalaam Alaikum –Peace be upon you.Wa Alaikum assalaam -And peace be upon you

Marhabbah –hello.Marhabbteen –hello.

Sabah al khair – good morning.Sabah al noor - good morning

Masah al khair –goodafternoon/evening.Masah al noor

Shukran (jazeelan) -thank you (very much) Aafwaan - you're welcome

Body Language

Hand on Heart - While this is usually just used as a phrase in the West, the Arabs actually place their hands on their heart to show genuine respect and humility. 

The Chin Scratch - Scratching or holding of a chin or beard is an indication that someone is thinking

The hand hold - Holding hands even for a long period after shaking hands is common place and a sign of friendship

The hug - If a hug is initiated by an Arab, then it is a sign that you are considered a trustworthy friend.

Conversational staring - If an Arab stares you in the eye as you speak, it means that he is giving you his full attention.

Business Customs

The UAE is a highly cosmopolitan well-educated society, familiar with the

methods and means of doing business worldwide. However, there are a few points that people new to the Arabian business environment should keep in mind.

Here, more than anywhere else, business is conducted on the basis of personal relationships and mutual trust. It is vitally important to build on these. 

Good manners and courtesy are prized attributes. Nevertheless, although you should always arrive on time for a meeting, punctuality is not considered a virtue and you may be kept waiting before or during your meeting. Do not be impatient.

 An Arab businessman’s word is his bond and you are also expected to perform accordingly, even if the agreement is a verbal one. This can be disconcerting if you come from a business environment where verbal agreements are not binding.

Conti…

Business Hours : The official weekend is on Friday and Saturday. Some smaller private companies only close on Friday. Government offices open at 7.30 a.m. and close at 3.00 p.m. Private offices tend to keep longer hours, many coming back to work in the evening after an extended mid-day break, whilst others are open from 8 a.m. to 5 p.m. During Ramadan most work is accomplished in the early hours of the morning or much later in the evening after the day’s fast is broken (at sunset).

Women & Business : Professional women are commonplace in the UAE and are generally treated seriously, particularly if the woman acts in a confident and self-assured manner. It is advised to dress conservatively and here again good grooming is essential – you will find that all business people, male and female, are impeccably dressed. Patience and good humour will carry you through most situations. 

Government

Dubai's government operates within the framework of a constitutional monarchy, and has been ruled by the Al Maktoum family. The current ruler, Mohammed bin Rashid Al Maktoum, is also the Vice President and Prime Minister of the United Arab Emirates and member of the Supreme Council of the Union (SCU). Dubai appoints eight members in two-term periods to the Federal National Council (FNC) of the UAE, the supreme federal legislative body.

INDIA : India is federation with a parliamentary form of government, governed under the Constitution of India. It is a constitutional republic and representative democracy, "in which majority rule is tempered by minority rights protected by law." Federalism in India defines the power distribution between the centre and the states.

Business Activities In Dubai

Dubai has been and continues to be a popular destination among both tourists and expat workers for many reasons. Though this United Arab Emirates territory derives much of its income from oil, its economy is also largely helped by earnings from various other industries.

In Addition to this Dubai is famous in other sectors like Hotels Constructions IT Health Care Banking & Finance

Business Activities In India

The different industry sectors of India witnessed astronomical

growth over the last 15 years. This growth of the different industry sectors of India is attributed to the Government of Indian liberal economic policy. Previously, the Indian economy was of closed type and the government enterprises controlled all Indian market.

The main features of the important sectors of Indian economy, 2008-2009 are as follows

Petro chemical IT Steel Tele communications Banking Agriculture Sector Infrastructure

Gifts

In order to encourage people are to convey thanks corporate people of Dubai offer gifts such as:

Perfumes & Cosmetics Jewellery Watches Hand Bags & Leather Products

Currency

The Currency in Dubai is the UAE Dirham (Dh), or the United Arab Emirate Dirham (AED), as it's termed in the international market. One Dirham is equal to 100 Fils. Dubai currency notes are available in denominations of 5,10,20,50,100,200,500 and 1000 Dirhams.

1 A.E.D = 12

5 Dhirams Note

Trade barriers

The United Arab Emirates (UAE) holds out immense potential for Indian pharmaceutical companies and herbal drug manufacturers dealing with dietary supplements, cardiovascular, diabetic and cholesterol bulk actives and formulations.

However, the Gulf country's stringent trade barriers and dominance of multinational companies MNCs has made it difficult for Indian firms, especially formulation manufacturers, to exploit the potential fully. It is only bulk actives, companies which have qualified through the multi-test clearance, that are present in the region despite stringent demands.

Legal issues

The Department of Legal Affairs, Ministry of Economy, is

the legal reference for the ministry. It is the source from which

laws are issued and legislations enacted. The following are just

examples -

Preparation of draft laws and their amendments as well as

Cabinet resolutions, ministerial decrees and administrative

circulars related to the UAE economic and commercial

activities.

Conti…

Recently, The Legal Affairs Section has amended and updated the following

projects: 

Consumer Protection Act and its implementation. 

Businesses Companies draft Bill 

Auditors draft Bill

Country/Certificate of Origin Rules draft Bill

Private Joint-Stock Companies Governance the different departments of the

Ministry are drafting other bills to be reviewed by the Legal Affairs which will

state its observations on these drafts, for example:

Competition Bill.

Foreign Investment Bill.

 

Terrorism

The United Arab Emirates has created one of the world’s most

comprehensive homeland security and anti-terrorism systems. 

However, many anti-terror analysts believe the threat in Dubai

is growing — fueled by the city’s image as a bastion of

Western-style capitalism and nightlife, its new status as home to

the world’s tallest building and the frequent port calls by U.S.

Navy ships. 

 Investing In Dubai

Dubai  means business

Dubai represents an international business hub with a wide

range of opportunities for different activities and operations including trade,

industry, regional offices and re-export offices. Dubai’s advantages that

encourage you to choose it as a secure place for investment. If you desire to set

up a business project, you can see selected business regulations for Dubai, while

Dubai World Trade Centre gives you the chance to see all the activities and

exhibitions organized by Dubai round the year.

Dubai Trade, Exports and Imports

According to industry experts, Dubai’s growth is

continuing steadily in 2010 and is expected to expand further

in 2011. In 2009, the export destinations increased to 163, as

per the annul report of the Dubai Chamber of Commerce and

Industry. The export of locally processed sugar stood at

approximately Dh1.4 billion in 2008. Some other major food

product exports included dates, figs and mangoes, worth

Dh285 million.

Cont…

The non-oil exports of the emirate rose by 23% in

2009, in comparison to the 2008 levels. The goods worth AED42.6

billion were exported by Dubai in 2008, whereas it exported goods

worth AED52.4 billion in 2009 (Dh186.1 billion, including re-exports).

However, according to the Dubai Chamber of Commerce and

Industry, total exports plummeted by 16% in 2009. The major

exporting destinations of Dubai are.

Iran (US$ 790 million)

India (US$ 204 million)

Saudi Arabia (US$ 194 million)

Dubai Imports: Data

Over two-thirds of the import items to the UAE are directed to Dubai. Major

import commodities of Dubai are capital, consumables, cement, food products

and intermediate products. The leading import sources of Dubai as of 2008

were:

Japan (US$ 1.5 billion)

China (US$ 1.4 billion)

The United States (US$ 1.4 billion) 

According to Bu Amim, in 2009, Dubai recorded a 12% increase in

the import of fruit and vegetables. In 2007, Dubai exported 2.96 million tons of

cement to support is booming construction industry. Dubai imported 300 tons

of gold in 2008 and by Q12009 its gold trade reached $14.69 billion

Modes Of Entry

A company established in the U.A.E shall adopt either or of the following

Types General Partnership.Commandite.Joint - Venture.Public Joint - stock.Private Joint - stock .

Thank You