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Overcoming challenges of Growth In UAE - UAE SST Project - 2021
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The Challenges of The United Arab Emirate's Growth
Index
What We are Going to Show Today
The Growth Problems Of U.A.E
1
The Growth stunt of Dubai and Abu dhabi
2
Problems during The COVID-19 Pandemic
Index
3
4
Solution
5
Quiz
Growth Stunt of Dubai
Challenges Of Dubai
Dubai, One of the most popular cities in the world and has some of the biggest associations.
But Dubai has its growth stunts too for example Dubai is a city that has prospered extremely in the past few years
Progress
With the money gained by oil, Dubai built magnificent structures, and through that tourism Prospered
Roles of Downfall
Roles Of Downfall
If during a Pandemic situation tourism stops completely for example Covid Pandemic, Then Dubai may lose its sustainability. Dubai is also heavily relying on Trade for its economy and Trade is one of the few things that can cause the economical breakdown of a country. Due to possible Trade Bans and Also Ban on economical contact.
Abu Dhabi's Projects
A info about Abu Dhabi
Abu Dhabi’s Hub71 picks 16 tech startups with collective funding of Dh274m
These startups are working with innovative technologies such as blockchain and Al Maryah Island HUB 71 Abu Dhabi. Hub71 on Wednesday said it selected 16 tech startups from seven sectors to join the startup hub.
Inventions
Innovations
To Be Implemented
Hub71 selecting its first startups from India, Saudi Arabia, Turkey, Mauritius and South Africa, in addition to its first SpaceTech startup, the company said in a statement.
Services
The cohort includes startups developing disruptive technologies such as the world’s first blockchain satellite constellation and the world’s first AI/machine learning based ideation recommendation and sourcing platform for venue equipment, services etc.
Obstacles Of UAE
Problems Faced By UAE
UAE has faced many difficulties until the discovery of Oil. Oil has enabled the UAE to prosper. But, it is also their biggest enemy.
If Oil runs out, the UAE has to be able to find some alternative otherwise, the UAE economy will suffer tremendously and quility of life will decrease.
Obstacles
Invasive species. Invasive species are a key factor with negative effects on the UAE's biodiversity.
Carbon footprints.
Limited water sources.
Overfishing.
Waste generation.
Air pollution. ...
Land degradation and desertification.
3 health challenges:
Challenge 1: Insurance company recovery strategies.
Challenge 2: Large corporations taking control.
Challenge 3: Supplier imbalance.
Challenge 4: Using technology wisely.
Since its formation, the UAE has witnessed tremendous development. With the discovery of oil and natural gas, both on land and in its waters, the country moved away from its earlier dependence on pearl diving, fishing and agriculture, and into an economy dominated by natural resources.
Roles of Downfall
Key wins
If during a Pandemic situation tourism stops completely for example Covid Pandemic, Then Dubai may lose its sustainability. Dubai is also heavily relying on Trade for its economy and Trade is one of the few things that can cause the economical breakdown of a country. Due to possible Trade Bans and Also Ban on economical contact.
COVID-19 Impact
COVID-19 Impact
Because of the Covid Pandemic, the UAE economy has reduced by -6.6 Percent because of Covid. The UAE has suffered covid in these ways
1 - Trade and tourism have gone down a lot. the economy of Dubai depends on these 2 factors if they don’t start trade and tourism the economy of Dubai will decrease
2 - Abu Dhabi and Dubai are major transportation hubs in the aviation industry and because covid this too has come to a stop.
3 - Expo 2020 was scheduled to be hosted on 20 October 2020 - 10 April 2021 but because of Covid the new dates are 1st October - 31 March 2022
4 - Because of Covid many people lost their jobs and had to return to their home countries estimates say that around 100 hundred thousand people have left UAE to back to their countries most of these people were Indians.
Chapter - 1
Chapter - 1
- The economy of the UAE is heavily affected by COVID-19 due to its reliance on tourism and due to the COVID Bans, tourism is restricted. Thus reducing, the economic growth through Tourism.
Economic Growth
Solution Found
The UAE has grown in its economic status even during the COVID Pandemic
EXPO 2020 @ COVID-19
EXPO 2020
Expo 2020 allows people who are fully vaccinated during the COVID Pandemic and is ready to take full precautions.
UAE is targeting more than 200 participants – including nations, multilateral organisations, businesses, and educational institutions, as well as millions of visitors.
Expo 2020 Dubai, which was postponed by a year due to the Covid-19 pandemic, is scheduled to launch on October 1 and run for 182 days through to March 31, under the theme of ‘Connecting minds, creating the future’.
Masdar City
Masdar City
Masdar City is a planned city project in Abu Dhabi and is an emerging global clean-technology cluster located in what aims to be one of the world's most sustainable urban development powered by renewable energy. Businesses and homes will connect to green data centers which use energy-saving servers.
QUIZ
Let's Play A Quiz
Link: https://quizizz.com/admin/quiz/60a51f3a197240001b582a2d/overcoming-challenges-of-growth-in-uae