Questions on Entrepreneurship Essay Example

Questions on Entrepreneurship Essay Entrepreneurship Entrepreneurs have the vision to recognize opportunities where others see chaos, contradiction, and confusion. a. true b. false 2. Entrepreneurs are always inventors. a. true 3. Entrepreneurs are extreme risk takers. 4. Minority-owned businesses could be said to represent the cultural displacement school of entrepreneurial thought. a. true 5. Gazelles are almost always high tech. 6. The word entrepreneur is derived from the French entreprendre, which is translated . a. to undertake b. to compete c. to apprehend . to enter and dare 7. Which is not one of the chief characteristics of an entrepreneur? a. ability to consolidate resources b. risk taking c. personal initiative d. desire for control of people 8. Which of the following statements about entrepreneurs is true? a. All you need is money to be an entrepreneur. b. Ignorance is bliss for an entrepreneur. c. Entrepreneurs are doers and thinkers. d. Inheriting a business is the best way to become an entrepreneur. 9. Which entrepreneurial school of thought emphasizes the planning process in uccessful venture development? . the strategic formulation school of thought b. the entrepreneurial trait school of thought c. tne venture opportunlty scnool 0T tnougnt d. the human relations school of thought 10. Entrepreneurs will always be a. hindered by lack of funding b. a major source of Job creation and innovation in any economy c. a key factor in the stability of the small business sector Terms: Displacement School of Thought-A school of entrepreneurial thought that foc uses on group phenomena such as the political, cultural, and economic environments. We will write a custom essay sample on Questions on Entrepreneurship specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Questions on Entrepreneurship specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Questions on Entrepreneurship specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Dynamic States- A network of relationships and systems that convert oopportunity tension into value for a ventures customers, generating new resources that maintain the dynamic state. Entrepreneur- An innovator or developer who recognizes and seizes opportunities; converts these opportunities into workable/marketable ideas; adds value through time, effort, money, or skills; assumes the risks of the competitive marketplace to implement these ideas; and realizes the rewards from these efforts. Entrepreneurial Management- The themeor discipline that suggests entrepreneurship is based on the same principles, whether the entrepreneur is an existing large institution or an individual starting his or her new venture single- handedly. Entrepreneurial Revolution- The tremendous increase in entrepreneurial business and entrepreneurial thinking that has developed during the last 20years. This revolution will be as powerful to the twenty-first century as the Industrial Revolution was to the twentieth century (if not more! ).

Overview of Ancient Greece essays

Overview of Ancient Greece essays For the Greeks, humanity was what mattered, and humans where, in the words of the philosopher Protagoras, the measure of all things. The humanistic world view led the Greeks to create the concept of democracy (rule by the demos, the people) and to make seminal contributions in the fields of art, literature, and science. The Greek exaltation of humanity and honoring of the individual are so completely part of modern Western habits of the mind that most people are scarcely aware that these ideas originated in the minds of the Greeks. Even the gods of the Greeks, in marked contrast to the divinities of the Near East, assumed human forms whose grandeur and nobility were not free from human frailty. Indeed the only difference was that they were immortal. It has been said the Greeks made their gods into humans and their humans into gods. Humans becoming the measure of all things, in turn must represent, if all things in their perfection are beautiful, the unchanging standard of the best. The perfect individual became the Greek ideal. The Greeks, or Hellenes (Hell eenes), as they called themselves, appear to have been a product of the intermingling of Aegean peoples and Indo-European invaders. They never formed a single nation but instead established independent city-states or poleis (singular polis); the Dorians of the North and the Ionians from the West coast of Asia Minor. Political development differed from polis to polis, although a pattern emerged. Rule was first by kings, then by nobles, and then by tyrants who seized power. At last, in Athens, 2500 years ago, the tyrants were overthrown, and democracy was established. In 776 BC, the separate Greek speaking states held their first ceremonial games in common at Olympia. The later Greek states calculated their chronology from these first Olympic Games - the first Olympiad. From then on, despite their differences and rivalries, the Greeks all regard...

Holistic care Essay Example | Topics and Well Written Essays - 2000 words - 1

Holistic care - Essay Example The researcher states that holistic care may generally utilize various healthcare forms, ranging from conventional medication to any substitute therapy for treating patients. The holistic care approach is regarded as a treatment center wherein the patients are to be treated as an entire individual. This particular approach is often viewed to be a set of procedures that are related to traditional treatment methods, delivering effective healthcare to the individuals. The fundamental, physical, psychological along with social care requirements for Errol can be identified through using a holistic approach which is associated with traditional treatment method. These have been discussed in the following discussion. In the fundamental aspect of the traditional holistic approach, deliverance of effective healthcare to a patient can be duly considered as one of the decisive constituents in promoting better quality service. The fundamental requirement of traditional based holistic approach dem ands a better interrelation between the care providers and the ones receiving care. In relation to the case of Errol, the fundamental requirement would be to seek a doctor’s advice, as his health condition degraded daily. He has developed a lot of ill habits in order to get rid of his problems. To get free of the ill habits, Errol requires practicing certain good habits and most vitally leaving drinking habit as well. The physical care requirements typically refer to the offering of effective healthcare to the patients suffering from any sort of disease. One of the physical requirements which are needed for Errol can be the intake of the medicines, prescribed by the practitioner for the improvement of his health condition. Moreover, Errol must consider the suggestions of the doctor and follow the instructions accordingly in order to enhance his health condition.

Construction Related topic Essay Example | Topics and Well Written Essays - 500 words

Construction Related topic - Essay Example In an online source, Wikipedia, it states that "Before this time bricks were generally made as close as possible to their point of intended use (it has been estimated that in England in the eighteenth century carrying bricks by horse and cart for ten miles over the poor roads then existing could more than double their price)." Woody Harrelson says in the movie Indecent Proposal (1993), "A common, ordinary brick wants to be something more than it is." This statement conforms to the recent developments organised by the Brick Development Association (BDA), who represents the UK brick industry, looks for new and modern ways on how to utilise effectively this versatile construction material. BDA is the working group in developing the codes of practice for clay masonry and pavers units. Continues efforts are employed in exploring new products and mixtures for brick by the group since brick is one of Europe's most popular building materials remain intact. Many researches were conducted to explore different mixtures for brick and managing recycled brick. Recycled clay brick aggregates for use in concrete is one of the by-products of bricks that were experimented.

Gregor and Meursault are certainly problematic characters. What is the Essay - 1

Gregor and Meursault are certainly problematic characters. What is the main problem both confront - Essay Example Therefore Gregor’s alienation is less deliberate than Meursault’s alienation, as Rossignol says, â€Å"GREGOR’S alienation is slightly less deliberate. Used as a tool for money and for control by his family, yet has been indoctrinated in only seeing their good side (if it exists). This however also stems from self-denial and self-alienation.† (56) Apparently Gregor seems to be the poor victim of the society, in which he lives, that cruelly has robbed him of all of the opportunities to survive decently on his own worth, gradually restricting him within the periphery of a room. Ironically the way how Gregor views others in his family and orientates himself in the society essentially shows that Gregor’s psychological inertia has reached the height that prevents him from looking into his discomfiture and from identifying the causes. He cannot -more appropriately, does not want to- search for the underlying reasons of the discomfiture. Gregor simply take s the discomfiture as it is. Such non-resistive acceptance of the situation as well as the humiliation inflicted by his family members is reminiscent of Meursault’s disinterest in the ‘well and woe’ of life and other social affairs. Whereas Gregor’s self-alienation is illusive and evading, Meursault’s self alienation is more obvious. Indeed the psychological inertia of Kafka’s protagonist is camouflaged in his apparently innocent stance that invokes the readers’ sympathy towards him against the hostility of the family members. The root of Meursault’s alienation lies in his disinterest in social affairs. Again his disinterestedness evolves from the meaninglessness or the absurdity of life. Both Meursault and Gregor deceive themselves and subsequently their deceptions result their isolation from their societies. In this regard, Rossignol says, â€Å"In L’Étranger (Camus) and The Metamorphosis

Cultural Events in Penang as a Tourist Destination

Cultural Events in Penang as a Tourist Destination Pulau Pinang or Penang is one of the unique and attractive places in Malaysia with its many cultures which make Penang one of tourists favorite places and tourists attractions. Basically, Penang is famous for their food, religions, cultures and tourism site. According to the UNESCO Worlds Heritage Site of Georgetown says that there are many religions, cultures and foods in Penang, therefore they can blend it well together to make Penang one of the well known states in Malaysia [1]. There is press statement by YB Danny Law Heng Kiang the Penang State Exco for Tourism Development and Culture said that Penang is ranked in the third place under Kuala Lumpur, and Genting Highland (Pahang) for their tourism destination in Malaysia [1]. At first, Malacca is on top of Penang as tourism destination because they receive approximately 8.9 million tourist arrival in the year 2009. Unfortunately, that statement by Datuk Seri Dr. Ng Yen Yen may be a mistake because as we can see from the table 2, Penang has more tourists arrival compare to Malacca [1]. According Britannica Concise Encyclopedia, Penang is an island with an area of 108 sq mi/280 sq km and it is known as one of the busiest ports in the past and it is located in the straits of Malacca, on the North-West Coast of Malaysia. Penang is very famous for their beautiful beaches and islands, foods, cultural, religions and many more [2]. During 16th century, Portuguese merchants Penang was travel from Goa (India) to Far East search for spices, fresh water so they stopped in Penang. In 1786, Penang was very popular among the pirates because they steal ships that cross along Straits of Malacca. At one point, Penang became popular in 18th century and at the same time, Captain Francis Light enter to Penang and start to have good relationship with the locals and also the Sultan of Kedah in 1771. Unfortunately, at that moment itself Sultan of Kedah handed Penang to Captain Francis Light in order to get protection against the threats of Burmese and Siamese. After that, they called Penang as Prince of Wales Island and after the settlement; Sultan Abdullah found out that he is being cheated by the British by not willing to offer protection thus he gathered his army to retake Penang. Lastly, after extensive years of struggling between the locals and the British, Malaysia achieves independence in 31st August 1957 and Penang is one of the 13 states. Penang now is known as Pulau Pinang [3]. What is the Culture in Penang? The cultures in Penang are very unique and most of the tourists interested to know more about Penangs culture. In 2008, the population is Penang approximately 2 million on the island and 1 million is in Seberai Prai which consists of 42% Chinese, 41% Malay, 10% for Indian and also 5% for the Peranakan or Baba Nyonya. Baba Nyonyas culture in Penang is different from Malacca. Baba Nyonyas in Malacca can speak fluent Malay whereby in Penang, the Baba Nyonyas speaks mixture of Hokkien, Malay and English and most of the Baba Nyonyas in Penang still practice their Chinese religion and ancestral worshipping [4]. Basically, language that being spoken in Penang is Malay language whereby English and the Chinese (Hokkien) also being spoken widely in Penang. And lastly the Tamil language is being spoken by the tamils among their community. Next is the religion in Penang which most of the people believes such as Buddhist, Islam, Hindu, Christian, and many more. Basically, Buddhism is one of the main religions in Penang whereby Islam still the official religion of the state. As you can see that Penangs culture is a mixture of Malay, Chinese Indian and it is very interesting for tourists attractions [4]. Furthermore, Penang is famous for their food and this is one of the Penangs cultures. The food in Penang can easily get almost everywhere and anytime in Penang. According the time magazine in 2004, Penang has been the best street food in Asia. Penang is the only place to find such a wonderful, tasty and nice food and also it is so cheap compared to Kuala Lumpur and sometimes people called Penang is the food heaven to eat. The food in Penang is an assortment of Chinese, Nyonya, Malay, India, Thai cuisine. There in Penang also famous for the hawkers food which they sell and served by the road side [4]. Besides that, one of the reason why Penang famous is because they have various of events and festivals that they celebrates such as Penang International Dragon Boat Festival, Chin-gay, Pesta Pulau Pinang, Hari Raya Aidilfitri, Thaipusam, Chinese New Year, Hungry Ghost Festival and many more. These festivals would attract many tourists from all over the world to come and experience throughout the festivals. Moreover, it would be nice if tourists from Malaysia or outside Malaysia to give support and celebrates together in these interesting events. The international dragon boat festival usually held around June and July during the school holidays. Chingay is one of the famous cultural events in penang because it is being celebrated because of the birthday of Kuan Yin or the Goodness of Mercy. Normally, this event is being celebrated every year and attracts tourists as far from United States, Japan, South Africa and also Netherlands. Chingay festival is a parade which teams of people wil l show their skills at balancing 40 foot bamboo flagpoles on their body such as heads, shoulder, hands, and knees. And lastly, Pesta Pulau Pinang is one of the cultural events that being celebrated by all races in Penang. Pesta Pulau Pinang is a carnival that being celebrated in December and it always be lively, happening and colorful carnival every year. There would have a lots of activity includes open air concerts, variety shows, food bazaars, fun fairs, pet shows, exhibitions, games and many more [5]. What is an event? Basically events is about to have a particular function or to inform our guest that when some exciting things is going to happen and going to celebrate. For example, book launches weddings, concerts, carnivals and many more. It is more like a preparations for that particular functions to make it runs smoothly and beautifully. It starts from the PA systems, music, VIP rooms, foods, red carpet, guests and many more [6]. Cultural events that being celebrated by in Penang Penang is famous for their cultures, ethnicities, foods and festivals. Penangs has so many events and festivals that being celebrated throughout the year. Hence, the entire tourist from every parts of the world celebrates together with colorful happenings events in Penang. There are few festivals that being celebrated by all races in Penang such As Chinese New Year, International Dragon Boat Festival, Penang Beach Carnival, Penang Cultural Festival, Malaysia Festival and Pesta Pulau Festivals. The purpose all these festivals are held because is to gather everyone and celebrates the harmonious and unique multi culture in Penang. Many activities are held on the festivals example fashion parades, inter-hotel competition, performance, sell handicrafts, and many more [7]. 1.2 The Problem Statement The purpose of me choosing this topic is because as we can see Penang is developing to one of the leading tourism states. Cultural and events tourism is a product which is difficult to be tested first before use, so by having the cultural events in Penang can also gives Penang recognition as a world heritage site and will be portraying the cultural diversity of Penang. On top of that, by having cultural events and festivals in Penang can analyze the number of tourists inbounds to Penang. Besides that, tourists can come over and try to experience and spread the news to everyone out there about the cultural events that being celebrated by all races in Penang. There are few popular cultural events that being celebrated such as Thaipusam, Chap Goh Meh, St. Annes festival, hungry ghost festival and many more. Basically, Penang is famous for their cultural diversity where they preserve their own traditions and performing arts. On top of that, Penang has own tradition of street culture, cel ebrations, festivals, and ethnic groups and it will be the most unforgettable moments for the tourists who come and experience the festivals. Lastly, the Visit Calendar 2010 has their plans to make Penang as the active tourism sector. Research Objectives/ Aims The objective of this proposal is: To analyze the number of tourists inbounds to Penang during the cultural events celebration. To unite all people together to celebrate cultural events in Penang to support the slogan Satu Malaysia. To investigate the number of tourists that visit Penang according their nationalities. To determine the most favorable cultural events to the least popular and why? To study the revenue or loses generated by tourists as to the cost incurred by the state government to these events. By accumulating these results, we can determine whether to sustain, preserve or to promote cultural events or festivals for the coming years. Research Questions What are the number of tourists inbound to Penang in the 2009? Should Ministry of Tourism Malaysia encourage more cultural events celebrations in order to give Penang recognition as a world heritage site? Should we preserve, promote and sustain our cultural events in Penang in order to pull more tourists from all over the world? What the pull factors are for tourists to visits Penang every year? Hypothesis Statement Hypothesis statement for this topic would be that Penangs culture has a unique attribute that brings people together by having cultural events and festivals throughout the year. To boast those cultural events and festivals requires financial capital, intellectual capital, cultural capital and also social capital to run the events [8]. The existence of cultural events makes people understand other peoples culture better so that they can understand one and another as well as supporting our Malaysias motto which is Satu Malaysia. According to Datuk Lim Guan Eng, the Chief Minister of Penang says that they have to give 100% commitment to protect, preserve, sustain and promote the cultural events in Penang so that it can bring the people together and unite the culture and celebrate it collectively. These would reflect the multiracial people and well preserve culture and heritage which is being listed in UNESCO World Cultural and Heritage Site lately [9]. In the past 6 years, there were twelve countries affected by Tsunami disaster on 26th September 2004 and one of the countries is Malaysia. There were two states in Malaysia was affected by Tsunami which is Penang and Kedah. Both these areas lost everything during the tsunami disasters. At that time, most of the people or tourists are in fear for travelling to other countries. Most of the fishermans village in Kedah is destroyed by the tsunami. On top of that, Penangs tourism slightly decline due to this unwanted disaster. The Government, Corporate, NGOs, and also individuals contribute millions of dollars to help the victims accommodation, medical and many more [9]. Furthermore, there was a change in politics, economy and society due to the tsunami disaster. Penangs economy slightly decline because lacking of tourists from outside and inside the country. Tourists afraid to come and visits Penang thus not much activity or celebrations can we held during that particular period of timer [9]. As we know that the mass media plays important roles in promoting any advertisement doesnt matter in the website or in the daily newspaper. By promoting and advertise something in the website or newspaper, radio, television and so forth may increase the number of tourists who come to Penang. This is one of the strategies to pull tourists to come to Penang after the Tsunamis tragedy. There are some advertisements that may push tourists out of their state or country to come to Penang by having Cheap Air Flight to Penang inclusive Hotel Rooms. For example, in figure 1.0 and figure 1.1 show that Air Asia offer or promotes cheap flight tickets inclusive a room for the tourists as below as Rm1.00 [10]. Tourists can choose to fly either Penang, Kuching, Kuala Lumpur, and Johor Bahru. The travelling period for the tourists is at any time in July 1st 2011 to November 10th 2011. This is because we want more tourists to come to Penang for vacation and also at the same time we can promote differ ent cultural events and festivals that are being celebrating every month [10]. Furthermore, Penang State Tourism is promoting their state as by the campaign goes Visit Penang 2010-1012. So there are many kinds of activities and events is held for example Esplanade in Action- an Evening of Cultural Performance, Penang Sakura Blossom, Chinese New Year cruise-Lili Marleen and many more. Besides that, the food is one of the attractions besides cultural events in Penang for example, Thai Food Fiesta 2010, Penang Durian and Fruits Festivals, Pesta Pulau Pinang and many more. According to Natalie Lee, one of the students from University New South Wales stated that Facebook is one of the top growing social networking in the world nowadays which has more than 140 million users in the whole world. It allows us to find and communicate with our friends and share photos, promoting tourism sites and many more. Penang promotes their tourism sites through Facebook, websites, blogs and many more to pull tourists from every parts of the world. They can share photos, promote hotel rooms, flight tickets to Penang, and update latest events in penang and promote it to all their family members, friends and many more. It is one of the best ways to promote Penang to outsiders [11]. . Theoretical/ Conceptual Framework Theoretical framework As what I have showed the conceptual framework below shows that the research is focus more on the cultural events that being celebrated by all races in Penang. It will be scoped into structural support and cultural infrastructure/ spaces for the cultural events. Next under structural support diagram it will be divided into few points such as handling promotions, ticketing, licensing, printing and distribution of flyers. Besides that, for the cultural infrastructure / spaces will be divided into two main points which is cultural hub and also communities. At the top part of the framework shows that some of the events and festivals that is being celebrated by all races in Penang. Cultural festivals that being celebrated in Penang is Pesta Pulau Pinang, Hungry Ghost Festival, Chingay, Bon Odori and many more. The purpose of celebrating these festivals is because to sustain and promote the cultural events in Penang thus promote it to tourists from every parts of the world. For the second phase of the framework, is the cultural infrastructure and spaces which can be divided into two parts which is cultural hub and communities. According to S.B.Tan, Professor School Of Art, University Sains Malaysia says that the cultural hub, is basically where the performances or festivals is going to carried out, for example museums, restaurants, and many more. Whereby, for the communities are basically about where the festivals or events should should be placed in areas where most of the people live,for example city in Georgetown or Balik Pulau. It would be much easier for the people in Penang to travel to those particular places to celebrate the events [12]. Moving on, on the third phase is the structural support for example handling promotion, ticketing, licensing, distribution flyers and printing. Conceptual framework Cultural Events Tourism For Penang Events and festivals Pesta Pulau Pinang Bon Odori Chingay Hungry Ghost Festival Cultural infrastructure/ spaces Communities It should be placed in areas where the people lives Eg: city of Georgetown or Balik Pulau. Cultural Hub where the performances/ festivals, events is going to carried out eg: museums, restaurants, and many more Scope and Limitations The scope for this study is mainly based on the Tourism Industry in Penang that is rapidly growing in this 21st century. The importance of this sector to the Malaysias economy is to pull more tourists to come and visits Penang through the 3 years campaign of the state government by promoting their VisitPenang 2010- 2012 [13]. According to hotel statistics, in 2008 [14], Penang received 6.3 million tourist inbounds excluding the excursionist who arrive on cruise or live with their family and friends. The figure is higher than previous year which is 5.1 million. Penang State Governments has a mission to target 10 million tourists in 2014 which is 4 years from now. Penangs most profitable income earner comes from tourism sector after manufacturing. According to Ministry of Tourism, Malaysia, the number of local and international tourists arrivals in Penang in 2005 is 48% international tourists whereby for the locals is 52% which comes up 4, 351,909 tourists overall. Every year, the numb er slightly increased doesnt matter it is international tourists nor local people. Regrettably, in 2009 the number of tourists declined sharply which is from 6,307,468 in 2008 but unfortunately in 2009, the number has dropped to 1,347,356 overall totals. Penang this is because Penang focuses more on developing medical tourism and eco-tourism in this few years [13]. This study will look at the statistics rate or the number of tourists come and visits Penang to celebrates and experience the cultural events and festivals thus food as well. There were limitation sources to find for this topic. To find for data and informations, researcher using Google Scholar with journals, articles, Pdftop.com, Kdu Library and online book. Some of the journals and articles need to be purchased or log in as a member in order to read the articles and journals. 1.8 Significance of the study Significance of studying this topic is to analyze the number of tourists inbounds in Penang during the cultural events celebrations whether it gives impacts towards Penangs economy or local environment. Besides that, it is important for us to know what is Penangs mission and target for the tourism sector. Currently, Penang is being ranked at no.4 in foreign and domestic tourists arrivals in Malaysia after Kuala Lumpur, Pahang and Sabah. YB Danny Law Heng Kiang, Chairman for the State Tourism Development Culture, Arts, and Heritage says that he really hopes one day Penang would be No.1 or No.2 in foreign and domestics tourists arrivals in Malaysia. According to statistics, the number of hotel guests is increasing rapidly from 68.8 million in 2008 compared to 61.6 in 2007 especially during the cultural events and festivals that being celebrated every month. It shows that the graph for tourism sector will increase every year [15]. Chapter 2 2.1 Literature Review Definition of cultural events Events are something that happens at a given place. An event is one of the top growing tourism industries and also most thrilling and yet it is connected to leisure. One of the reason why so many countries keeps on promoting their events so that they can pull more tourists from every parts of the world to come and visits their country. Basically, an event is more to persuade tourists to come or participate during their events and also can makes them stay longer in that particular area. According to Getz, events are one of the important roles in tourism industry because it can attract more tourists thus to fill up their free during their visits to that particular country (1991). Most of the tourists expects for festivals, events or attractions in a tourism destination. Events or festivals also can intensify tourists experience and perhaps can make tourists stay longer thus persuade them to extend their holidays in particular tourism destinations (Getz, 1991). Cultural events basically are for religious, public events such as arts, performances, crafts demonstrations, and many more (Richards, 1996).All the small towns are actively has cultural events for profit, or to boost the tourism industry (Goldblatt, 2002). Most of the tourists are attracted to unique cultural events and somehow they will participate when the event is held. Organizers would make the cultural events livelier to ensure that the tourists meet their satisfaction during the festivals thus to make sure that they gets more profit from the tourists. Why is it so because to increase the tourism industry and to promote our country to worldwide. 2.2 Statistics Rate Tourists Come to Penang Statistics plays important role in counting the number of tourists inbounds in Penang 2005 2009. How many tourists have been visiting Penang? To calculate and determine the actual statistics requires big costs of money to collect data, to analyze and to present it to the state government. The number of tourists visiting Penang announced by the Tourism Ministry is based on immigration cards filled with their profiles at the by visitors and have to show it at the port of entry. Tourists are freely to move everywhere within the country unless visitors did bad mistakes. According to Penang State Government, Penang has their own statistics rate number of international and local tourists arrivals in Penang in 2005 to march 2009. Within these 5 years, overall total number of tourists either locals or international is about 21, 881,848 people arrived in Penang .In 2005 the local tourists arrival is about 2,267532 people whereby the international tourists approximately about 2,084,377 people. Furthermore, the overall total number of tourists in 2006 is about 4,688,504 people which are in percentages 54% of local tourists and 46% of international visitors. Moving on, the overall total number of tourists arrivals in Penang in 2007 has increasing compared to year before which is 2006 which is 5,186,611 tourists. Among the 5 years between 2005- 2009, the highest amount of tourists arrival is in 2008 which is 6,307,468 visitors in percentages it would be 55% for the locals and 45% for the international tourists inbounds in Penang. Finally, in 2009 the total n umber of tourists inbounds in Penang was sharply dropped from 6,307,468 tourists in previous year whereby in 2009 the overall total number of tourists is 1,347,356 visitors arrivals in Penang (2010). As stated by the Tourism Minister, Datuk Seri Ng Yen Yen, tourists arrivals in 2009 has dropped from 6,307,468 to 1,347,356 tourists due to the Influenza a (H1N1) scare. On the other hand, international tourists from Europe and United Kingdom remained the same. She stated that the tourists are safe as health authorities helps to prevent the spread of the disease towards the tourists. On top of that, Datuk Ng.Yen Yen had a discussion with the directors of 44 Tourism Malaysia regarding promotional plans to persuade tourists to visits Malaysia because Malaysia is one of the countries safe from Influenza H1N1 (Bernama). As mentioned earlier, Malacca overtakes Penang as tourists destination in 2009. Statistics shows that tourists arrival in Penang dropped from 6.3 million in 2008 to 1.3 million in 2009. Compared Penang to Malacca, Penang has a lot and good accessibility and products for example foods, beaches, cultures, and many more. Datuk Seri Dr. Ng Yen Yen strictly wants the state government to do something in order to increase more tourists in 2010. She suggested that Penang has a potential to become one of the countrys leading tourists destination because Penang has 191 flights from 12 international airlines flying in Penang. Besides that, she recommend that state government should put more initiative in hiring well-trained tourists guides which experts in the field of Penang history and heritage. These tour guides, service counters, and restaurant employees should know very well and are able to share the history and stories behind heritage buildings. In this way, we can give the visitors speci al services and make them satisfy during their visits to Penang (Y.Y.Ng, Nov, 2010). 2.3 The Economic and Social cultural Impacts on Cultural Events in Penang According to Gawler Visitor Information Centre, cultural events is one of the most exciting festival celebrations that can pulls many tourists from every parts of the world to make revenues in the economy of tourism industry . On top of that, behind the significant of cultural events, it has its economic and also socio cultural impacts on cultural events in Penang. There are few factors will indicate the economic and socio cultural impacts on cultural events in Penang. Economic impacts on cultural events in Penang As stated above, there are few factors that show the economic impacts on cultural events in Penang and it can be divided into negative and positive. Negative economic impacts on cultural events in Penang are the revenue or loses generated by tourists as to the cost incurred by the state government to these events. According to Priscilla, Penang tourism sector requires approximately RM 50 million for tourism in Penang. Based on 2008 statistics, there were 6.3 million tourists arrivals in Penang and as what the Chief Minister said that RM 500,000 is not enough for the tourism to conduct an activities and events especially which is connected to the infrastructure, promotions, and also improving the facilities (2010). The RM 50 million are required in order to have events, festivals, upgrading the quality of beaches and many more as now Penang is the third highest contribution state in tourism sector. According to Ministry of Tourism Malaysia, in 2009, the tourists arrivals in Penang has dropped to 1.3 million due to the influenza H1N1 thus there were loses generated by tourists as to the high amount of cost incurred by the state government to these tourism sector (2010). The money that they use to upgrading the facilities, promotions, events and festivals is not balance with how much money the tourists spend during their visits to Penang thus it would be a lose for Penang. The positive economy impacts on cultural impacts in Penang are can increase the tourism economy and society development in Penang (Jafari, 2000). Positive impacts on cultural events in Penang would be the job opportunities in Penang. In 2008, hotels in Penang received approximately 6.3 million tourists which are locals and also international compared to 2007 about 5.1 million tourists arrivals in Penang. The statistics shows that there was slightly increase of 1.2 million visitors arrivals which would indicate that there are so many job opportunities out there for the people who really need to w ork (Administrator III, 2009). This is say that they need more labors to work in such places like hotels, restaurants, tour guides, and many more. Moving on, in 2010, Penang Tourism Minister target 10 million tourists arrivals in 2014. Indirectly says that they need more employment to work in this industry (Administrator III, 2010). Socio Cultural Impacts on Cultural Events in Penang In this part of literature review, one of the socio cultural impacts on cultural events in Penang is diplomatic relations. According to The Star Online, Penang Government and Russian Embassy are thinking to organize a Russian cultural event every year in order to remembrance of the Russian battleship (Zhemchug) close by Penang coast during the World War. Vorobyeva Lyudmila Georgievna the new Russian ambassador said that their sailors weve been buried in Western Cemetery on Jalan Utama in Penang Island and Pulau Jerejak. Besides that, she also expresses her gratitude to Penang State because the help to clean and uphold those 12 sailors that have been buried in Western Cemetery. Furthermore, she spoke to Datuk Seri Lim Guan Eng and said that it would be much better to organize a Russian cultural event in Penang every year. She suggests that the Russian cultural event would have interesting Russian folk performances, classical, Russian music, and also Russian food as well. Thus, Malaysi a can have bond relationships Russian and with the Russian cultural event it would help to encourage more Russian tourists to come to Penang in the future (2010). Conclusion In conclusion, cultural events are one of the pull factors to bring in tourists from every parts of the world regardless the international or the local tourists. To have such cultural events or festivals can increase our economy in tourism sector thus Penang can be one of the states to be recognize internationally with the uniqueness and amazing beaches, nice foods, great heritage and many more. The existence of cultural events can also promote and bond relationships between the locals and visitors by having lots of activities and know how to appreciate different cultures, religion and race. Chapter 3 Research design and methodology 3.1 Overview In Chapter 3, there will be 5 main points to highlight in this sample proposal. In the first part of this topic is the general idea on the research design and methodology. Next, it is the elaboration about the introduction of the research proposal. Basically, it talks about the purpose of doing this topic and explanation about the cultural events that s being celebrated by all races in Penang. Moving on, there will be a research design in this chapter 3 such as investigating the population and the sampling techniques that is going to apply. After that, it will be explanation regarding the procedures of data collection and data analysis which will be divided into 2 sections which is primary data and secondary data. And lastly, there will be a short explanation about the questionnaires design. References Administrator III (2009) boost in Penang tourists arrivals http://www.visitpenang.gov.my/portal3/penang-tourism-news/539-boost-in-penang-tourist-arrivals.html Administrator III (2010) Speech by The Rt Hon Mr Lim Guan Eng, Chief Minister of Penang- Launch of the Penang Investment Tourism Office (PITO), Singapore http://www.visitpenang.gov.my/portal3/penang-tourism-news/1187-speech-by-the-rt-hon-mr-lim-guan-eng-chief-minister-of-penang-launch-of-the-penang-investment-tourism-office-pito-singapore.html PRISCILLA DIELENBERG (2010) CM: Penang needs RM50mil for tourism http://thestar.com.my/news/story.asp?sec=nationfile=/2010/4/18/nation/20100418170830 Ministry of tourism Malaysia (2010)NUMBER OF TOURIST ARRIVALS FROM TEN LEADING COUNTRIES TRANSITING THROUGH PENANG AIRPORT 2004 2008 http://www.penang.gov.my/index.php?ch=16pg=44lang=eng Jafari, J. (2000). APEC international tourism symposium: the scientification of tourism. 65 Korea Tourism Policy, summer, Vol.2, No.3, 56-59. Seoul: Korea tourism Research Institute (KTRI). http://www2.uwstout.edu/content/lib/thesis/2002/2002kwonh.pdf Tourism facts sheet gawler visitor tourism centre http://www.gawler.sa.gov.au/webdata/resources/files/5_Gawler_Impacts_Tourism.PDF The star online (2010) Annual Russian fest proposed http://thestar.my/metro/story.asp?file=/2010/11/6/north/7320843sec=north

Evolutionary Basis for Ethics and Morals :: Science

Evolutionary Basis for Ethics and Morals With the advent of Darwin's theories of evolution and the rising popularity of biological science as the explanation of human origins, it is perhaps no surprise that philosophers began to tackle the notion of ethics and morals from an evolutionary perspective, eschewing reliance on religious texts and yet seeking to find in science the basis for such characteristics that have long been under the purview of religion and used to separate humanity from its fellow animals. While sociobiologists studied "the evolution of interrelations between organisms in pairs, groups, herds, colonies, [and] nations," both Thomas Hobbes and Friedrich Nietzsche attempted to derive the origins of such groups and nations and the foundation of their morality by using an biological evolutionary model (Dennett 483). Hobbes and Nietzsche tell stories of their own making to explain how such "moral" civilizations were brought into being. In the Hobbesian version, humans once existed in an amoral state in which there was no concept of good and evil – simply good and bad, with all ethics removed. For example, "although they distinguished a good spear from a bad spear...they had no concept of a good or bad person, a moral person, or a good act, a moral act – or their contraries, villains and vices" ( Dennett 454). Mankind persisted in this "state of nature...nasty, brutish and short," Hobbes believed, until several enterprising members of the population arrived at the notion of a "social contract." Instead of remaining in constant competition with each other, humans began to band together outside of simple insular family groups for the protection and sustenance of all – the state, in its nascent form. Dennett draws attention to "Lynn Margulis' story of the eukaryotic revolution," which does provide a useful basis for comparison between the evolution of human civilization and the evolution of species (Dennet 454). "Throughout the Precambrian period," Ernst Mayr writes in What Evolution Is, "the rich diversity of protists gave rise to multicellular descendant, some of which then led to plants, fungi, and animals," and indeed the change from simple prokaryotes to the more complex eukaryotes, and from single-celled eukaryotes to multicellular eukaryotes, seems to mirror human development into ethical beings – assuming that Hobbes' story is true (Mayr 60). The multicellular organisms, "which, thanks to a division of labor among a gang of specialist cells," could now pursue a more complex and

How does Steinbeck present three characters who are outsiders? Essay

The novel â€Å"Of Mice and man† wrote by Steinbeck. Steinbeck in 1930s he trying to say how was 1930s in the America .In 1930s John Steinbeck is trying to explain how people were migrating from place to place. The reason why people migrated was because people need money as a result of â€Å"economic depression†. Just for that reason the people are moving to another place to get money. Can you imagine every time you migrating to place to place .The novel is full outsiders .What is an outsider? An outsider is when somebody who is excluded from the community for a reason or for reasons. The reason why this so significant is because in those days there was great amount of depression, massive unemployment and migrant workers. At that time friendship was the only key to get people together or love each other. This is same situation we have in this novel which includes everything I have already mentioned. Firstly example â€Å"curley’s wife† is an outsider from novel. Stein Beck shows that by not giving her a name. He shows in this 1930s America women did not have their own identify .if they have not got an identify they cannot get a name .In 1903s women were used, only for cooking , house work and many other horrible things †¦.. When she talks to crooks she is saying â€Å"I could get you strung up on a tree so it easy it ain’t even funny â€Å"in sentence we can see curley’s wife is racist to crooks because crooks is black that’s right she hates him. She I s saying how easy it is to get crooks â€Å"strung up† We can see through crooks the racism in America .Another example Steinbeck includes Curley ‘wife to show the sexism in America in the 1930s.Where she grew up there was lots of fight because he husband curley is doubting man . For example: On day curley looking his wife because she is not in the house. So he came bunk house ask to every body in the bunk house they said no then curley asked where is slim they said he went to do some work .Then he get angry and shut the door hardly .Because he is always doubt with her wife so he thing she go with slim because he is wife is actual sexual life-she had none of except with curley and there has probably been no consummation there since .Curley would not consider her gratification and would probably be suspicious if she had any. Consequently she is little starved. She wants a friend to be respected .Her different kind of girl. Secondly Lennie is an outsider because he is a mentally disabled, he has like a child’s mind and he don’t understand when somebody talking to him. Am saying this because when George before killed him, he was saying this â€Å"How long, how long it will take to have a home and to have rabbits? â€Å"we can see from this sentence he has like child’s mind because he is saying† how long, how long?† he asking like a child.Lennie like to touch soft things .Lennie â€Å"now I won’t get to tend the rabbits†. This shows us when lennie touch the soft things that will die!!! Because lennie is too strong but he doesn’t know how strong he is. Another example for lennie when he takes the, mice dies in that time. He always dreams to get so many rabbits and to have a nice home with his best friend George . Some times he gets angry† suddenly his anger rose God damn you â€Å"he cried.† Why do you get killed? You ain’t as mice. This shows us he can’t tend the rabbits because George said if you do bad thing you can’t get tend the rabbit and land because if lennie do bad things he can’t live on a place. Lennie before kill Curley’s wife Lennie was stroking her hair because lennie likes to touch soft things .When Curley’s wife said† let go† and shout to lennie and lennie gets angry but lennie doesn’t want to let her because her hair is so soft. Then lennie trying to stop her to shouting and shut her mouth but by accident he broke her neck and she died. Steinbeck foreshadows this. He is a big man, in contrast to his name. He has limited intelligence, so he relies on George to look after him. He copies George in everything George does and trusts George completely. â€Å"Behind him(George)walked his opposite, a huge man, shapeless of face, with large, pale eyes, with wide, sloping shoulders; and he walked heavily, dragging his feet a little, the way a bear drags his paws. His arms did not swing at his sides, but hung loosely.† He shares a dream with George to own a piece of land. Lennie’s special job would be to tend the rabbits .He likes to pet soft things, like puppies and dead mice. We know this got him into trouble in Weed when he tried to feel a girl’s soft red dress: she thought he was going to attack her. He can be forgetful – George continually has to remind him about important things. He is very gentle and kind, and would never harm anyone or anything deliberately. He is extremely strong: he can work as well as two men at bucking barley. He is often described as a child or an animal – he drinks from the pool like a horse and his huge hands are described as paws. Thirdly crooks is the only black person in the ranch it makes him an out sider.He is the lowest of the lowest and we can see this when Curley’s wife say bad things crooks using her status as a white woman over him. Crooks always left out and woman love to have a friend. These shown when lennie comes into his ranch and let him sit down. He also takes his anger out on lennie by saying George won’t come back. He is trying to make him feel how crooks has been feeling all his life crooks have some dreams but it can’t be really but his dream is to have good family and to have children and his other dream is not racism black and white†¦.Crooks physically disabled . Crooks black stable worker. He is disfigured and is out sider as well as candy. He has a place of his own and stays there by him self .He doesn’t want a company. He also want to part of George and Lennie’ dream. He said that he would work out. He is only new who understands lennie, be sides George, and be friends him. He looks past lennie mental handicap and lennie looks past crook’s physical handicap. Crooks are the black stable hand or buck. He is the only permanent employee at the ranch, since he injured his back in an accident. His back gives him constant pain. He is the only black man around and is made to be isolated by his colour – he can’t go into the bunk-house or socialise with the men. He is always called the ‘nigger’ by the men, which shows how racism is taken for granted. The men don’t mean to insult Crooks every time they call him this, but they never think to use his name All this has made him proud and aloof. He is lonely â€Å"S’pose you didn’t have nobody. S’pose you couldn’t go into the bunk house and play rummy ’cause you were black†¦A guy needs somebody-to be near him†¦.I tell ya a guy gets too lonely an’ he gets sick.† The only time he mixes with the ranch hands socially is when they pitch horseshoes – and then he beats everyone! He has his own room near the stables and has a few possessions. He has books, which show he is intelligent and an old copy of the California Civil Code, which suggests he is concerned about his rights. He has seen many men come and go, all dreaming of buying a piece of land, but is now cynical, as no one has ever achieved it.

Reaction Paper Yolanda doc Essay Example

Reaction Paper Yolanda doc Essay Example Reaction Paper Yolanda doc Essay Reaction Paper Yolanda doc Essay The PAGES does not have a us per typhoon classification so it is indeed the strongest typhoon ever struck Philippines. The worst hit provinces were Letter and Eastern Samara, with a combined population of 2. 3 million, winds of 270 kip up to 312 kip, and a storm surge as high as 7 meters or 21 feet. We only thought the typhoon Holland will come in and out of country for a few days and everything will be back to normal but then we under estimated it and never thought that it will leave Philippines with mass devastation killing thousands of people. We did think that government agencies were prepared or the coming of this super typhoon however, it was not enough. Many were blaming the government as the usual way of thinking of Filipinos but in this case no one is to blame but also people who did not want to evacuate when they were told to evacuate. Page 2 The super typhoon Holland leaving the Philippines with a death toll of 6,201 people, over 28,626 injured and more than 1,785 still missing. The days after the weapon Holland strutted Central Philippines, raking-off 1. 1 million houses left people homeless and displaced. Day by day, bodies are till being found, survivors were struggling without food, shelters and clean drinking water, so everyhere in those provinces was just a total bedlam. Then relief goods were sent in the area but there were no order, many people have been looting and so many people were blaming the government for having no preparations, contingency plans and could not even conduct the relief operations orderly. Government were hit by many criticisms brought by the local and international media but I have to say they must also know days before this happened, the National Disaster Risk Reduction Management Council and DILL had made efforts to activate all local government units to immediately evacuate families in the non-safe zones. As early as November 6, 201 3, Interior and Local Government Secretary Mar Rosa gave instructions to all governors and mayors in the Bucolic, Eastern Visas and Immoral to activate their local disaster risk reduction and management councils and disaster monitoring systems in preparation for the land fall of the super typhoon. Age 3 Rosa, who is also the vice chairman for disaster preparedness of the National Disaster Risk Reduction and Management Council, (MODERN) said he local executives should immediately adopt measures on how to effectively warn residents, particularly those living along the coastlines and other danger areas, on the possible impact this super typhoon. Other than that, Rosa and his team arrived at Tactical Letter the day before the typhoon hit Central Visas region to make sure all necessary measures are carried out. Hundreds of thousands of people were evacuated before the typhoon arrived, but many evacuation centre schools, churches and government buildings proved unable to withstand the winds and storm surges. However, still, many residents near the danger zones such as the coastal areas did not want to leave their homes as they think this typhoon is like the other typhoon where they can overcome. In this scenario think government is not only to blame here. We also have to accept the fact that Filipinos are fond of point fingers at someone after the damage has been done but the truth is we must see what is more beyond that. Our country has been always getting many types of natural calamities but it is time to face what message these calamities are telling us, we have to hang as people. We have to admit that as residents of this country where we live every day, we have to take responsibility too. Philippines is our home and we must do our own share to protect it. Like what we always learn in elementary, the Family is the basic unit Of the Page 4 society but why are we are not protecting our family, instead, we let our government to protect our family. Looking at the ratio, our government cannot protect all Filipino families which are about millions, but they are always there to guide us and help us the way they can. Live that it is time that we stop looking who is to blame and look at the Holland tragedy as a big lesson that we should not just do people power to oust a President or to complain with the performance of our government but we should begin using people power to protect and help our own families and comma unities. An see the spirit of Banning is very much alive but always only during the times of disasters or after the damage has been done. Yes there were many relief giving efforts initiated by fellow Filipinos here and abroad that is go will but there why dont we inspire and use our banning to prevent starters, to secure our Filipino families first? That would lessen the number Of casualties. Thus, in my view, yes this is a super typhoon and so unfortunate that in all countries around the world it struck Philippines. Many Filipinos are making comments and taking this tragedy positively that this Philippines was hit because Filipinos are strong people and can handle and sun,vive these tragedies. It is positive in a way but it is sad that we even think like we deserve this devastation because we are strong people. It is never the measure of who is the toughest but if we can age 5 do something to prevent it then why not do it? I see this Holland tragedy as a lesson for all Filipinos that we should move forward, we must strive to make our lives better and thus make our homes safe to live in. This is our homeland so we must protect it. Let us learn to do our part as citizens of this country and stop the habit of blaming and whining at other people or to the government. The change must come from ourselves, let us make ourselves a good role model for the youth which will produce great future leaders with high morals and not the trashy future leaders.

The Impact of the Real Estate in Dubai Economy

The Impact of the Real Estate in Dubai Economy Abstract This research project aims at finding out the real estate and construction sectors in Dubai. Currently Dubai is one of the emirates that form the United Arab Emirates (UAE) and currently it is the second largest emirate with massive economic opportunities after Abu Dhabi.Advertising We will write a custom research paper sample on The Impact of the Real Estate in Dubai Economy specifically for you for only $16.05 $11/page Learn More Real estate sector in this emirate constitute the main economic artery that has resulted into transformation of the once desert country. Nevertheless evidence shows that with the change in property freehold rights, the emirate real estate sector experience boom until early 2008 before crashing and currently efforts are in gear to revive the sector. More so, the contribution of major real estate companies to the economy of Dubai cannot be ignored and further studies shows that the companies are mega-economy boosters to Dub ai economy. Therefore the conclusion of the research paper is that real estate sector is vital to Dubai economy and efforts to revive the sector from detriments of financial crises are necessary. Introduction Many people all over the world, in most instances, find it difficult to recognize that Dubai is a city and not a country. In viewing, studying or researching about Dubai, what comes in mind is that this is an independent country. In essence, this is not true, as Dubai constitute a prominent city in a country known as United Arab Emirates (Hill 2010). Geographically, Dubai is situated in a Persian Gulf country popularly known as United Arab Emirates (UAE), which, apart from having Dubai, has other six different emirates or principalities (Hill, 2010). The capital city of UAE is known as Abu Dhabi, and on large scale, the country is dominant in Islamic religion and culture. Population statistics from the country show that Dubai is the most populous of all the seven emirates with almost two million people (Hill, 2010). UAE economy depends much on oil and energy but data shows that Dubai’s economy depend less on these resources, and instead, much of the city’s economy depend on real estate and financial service industries together with tourism and trade (Hill 2010). Moreover, Dubai continues to draw the attention of the world due to its â€Å"bold and innovative real estate projects† (Hill, 2010, p.1). The emirate of Dubai experiences â€Å"hot climate, which is sometimes accompanied by humidity† (Hill, 2010). Notable warmest month is August that generally experiences a high temperature of 41.3 degrees; and the emirate is located inside the â€Å"Arabian Desert, and the landscape is dominated by sand, with wild grasses and some palm trees† (Hill 2010).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The official d eclared language of the emirate is Arabic though English has become another widely spoken language as a result of many non-Arabic foreigners in the emirate (Hill, 2010). The essence of this paper, guided by this brief history of Dubai, will be to investigate and evaluate the real estate in Dubai and the way it has contributed to the economy of the emirate and some of the real estate companies in this emirate. Objectives The objective of this research will center on: The economy of Dubai and how it has benefited from the real estate and construction economy. How Dubai construction and real estate has developed through history. How recent financial crises has affected the sector. How change in law has seen foreign rights of property ownership. Importance of investigating the subject Dubai is a first growing economy that is viewed to be nearing that of Singapore. Such resources as oil and natural gas have been associated with UAE but in the case of Dubai, these resources contribute a meager portion. Therefore, an adequate understanding of real estate and construction sector is important in understanding how this particular sector is continuing to grow and impacting Dubai economy. Research Objective The major research objective of the paper involves investigating the role real estate and construction sectors play to the Economy of Dubai. Other related objectives will include how change in law has revolutionalized the sector, the impact and contribution of the major three real estate companies to the economy, and the impact of financial crises to the crises. Literature Review Dubai’s Economy Dubai, which is one of the UAE’s emirates, has positively continued to contribute to the economy of the country where statistics shows that Dubai emirate account for almost 29.2 per cent of UAE’s GDP (Explorer Publishing, 2006). Since its foundation, Dubai relied on oil revenues that initially formed 50per cent of the emirate’s GDP, but as time has elapsed, the role of oil in Dubai economy has decline (Explorer Publishing, 2006). By the year 2004, oil accounted for 6 per cent of the emirate’s GDP and by the start of the year 2010 contribution of oil to the economy of Dubai had further dropped to one per cent. Authors describe Dubai as one of the unique and unusual regions of the world especially with regard to its economic structure. For instance, duties and imports have been eliminated on goods being imported to the Emirate, while at the same time numerous free zones exist such as Jebel Ali free zone, Dubai Maritime City, Dubai Internet City, and Dubai Media City (Caploe, 2010).Advertising We will write a custom research paper sample on The Impact of the Real Estate in Dubai Economy specifically for you for only $16.05 $11/page Learn More The role of these free zones has been to attract foreign direct investment to the emirate. Currently, Dubai houses one of the largest buildings in the world known as Burj Khalifa and other notable buildings include Burj-al-Arab hotel (Caploe 2010). Literatures concerning Dubai postulate that for a long time, the rulers of the emirate knew that a time would reach when oil would run out and as a mitigation measure, there was need to diversify the economy (Explorer Publishing 2006). Today, Dubai prides itself in having a diverse economy that incorporates new sectors such as trade, manufacturing, transport, construction, and real estate as the main contributors to Dubai’s strong and growing economy (Explorer Publishing, 2006). Property and construction sectors contribute 22.6 per cent of the emirate’s economy; trade 16 per cent; shipping, warehousing and logistics account for 15 per cent; tourism contribute 11.6 per cent; financial services account for 11 per cent; and oil and natural gas account for 6 per cent (Caploe 2010). Further, Dubai’s vibrant and growing economy is seen to be benefiting from the strategic locat ion of the emirate, which acts as the prime location for re-exporting center in the Middle East. This is compounded by the fact that Dubai’s costs of operations and logistics are relatively low; the emirate has an international outlook due to numerous citizens of different countries who reside or conduct businesses in the emirate. Starting early this year, statistics showed that the economy of the emirates grew by 2.3 per cent during the first six months of the year where it was noted that trade and manufacturing improved a lot (Dubai Statistics Center 2010 cited in Reuters, 2010). At the same time, it was noted that the property sector again contributed greatly to the economy of the emirate by injecting about 11 per cent of its revenue to the economy although this was a reduction of 3 and 6 per cent as compared to 14 per cent and 17 per cent for 2009 and 2008 respectively (Reuters, 2010). According to the emirate’s economic predictions, they have placed economy to gro w at 2.3 per cent by the end of this year although the International Monetary Funds (IMF) had made its earlier predictions of 0.5 per cent (Reuters, 2010). Even with slight prospects in the economy appearing to be positive, there are still concerns about Dubai’s liabilities that are estimated to be about $115 billion.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Nevertheless, these concerns appear to have been â€Å"eased after Dubai World reached a deal in September to restructure almost $25 billion of debt† (Reuters, 2010). Other worries prevalent in the emirate revolves around a huge debt owed by vital firms in the emirate such as the Dubai Holdings that has a debt of almost $30 billion which will be maturing in the financial period of 2011-2012 (Reuters 2010). Real Estate Economy of Dubai Actual economic development of Dubai is believed to have gained momentum as from 1950s when the late Sheikh Rashid bin Saeed Al Maktoum dredged the Dubai Creek, which in turn led to the expansion of the emirate and the loan he borrowed to expand the emirate repaid immediately to the Emir of Kuwait (United Arab Emirates 2004). Towards the end of 1959, Sheikh Rashid further established Dubai airport and built the pioneer hotel in Dubai in the same year. As a result of these actions by Sheikh Rashid, the first Dubai construction boom started in ear ly 1960, which in turn prompted increase in population of the emirate to about 120,000 people by the end of that decade (United Arab Emirates, 2004). The construction boom that was being experienced included the construction of Port Rashid which main feature was presence of five berth container terminals for big ships during the time and the discovery of oil in Dubai propelled these construction intentions (United Arab Emirates 2004). Further, property construction in Dubai continued in late 1990s as more notable and huge buildings were put up in the emirate that elevated the emirate to a global scale. Such new buildings included a seven-star Burj Al Arab hotel which is rated to be the tallest hotel in entire world while the Emirates Towers constructed during the same period tops as the tallest building in Europe and the Middle East (United Arab Emirates 2004). Sheikh Mohammed as the ruler of the emirate put more emphasis and facilitated development of real estate through the establ ishment of the publicly quoted Emaar Properties in 1997, which has evolved to become the biggest real estate company in Dubai; and in the same league, is the Nakheel Company, which is a Dubai government-owned company (United Arab Emirates 2004). In essence, Dubai’s property construction was greatly influenced by Sheikh Rashid that despite his death in 1990, his policies with regard to Dubai property construction remained a live. Size of Dubai’s real estate sector In 2002, Dubai property market was opened to foreigners and the property sector in the emirate started to experience growth and expansion. The initial road map for real estate boom was started by the launch of first phase of Emaar Properties Emirates Hills plan, which, within a short time had been grabbed by foreign investors (2 Day, Dubai n.d, p.1). The result of this is development of huge and new property eco-system in the emirate of Dubai account for 13 per cent of the emirate’s GDP in the prosperin g construction sector (2 Day Dubai n.d, p.1). During the year 2005, construction sector was the highest developed with a growth rate of 29 per cent followed closely with real estate sector at 22 per cent and currently the diversification projects in the emirate sees real estate as the main driver of Dubai’s economy. During the same period, as construction economy boomed, property prices were predicted to decrease due to slow down in the rush for building. But the same predictions indicated that the sector’s investment of â€Å"$50 billion of residential projects will be built in the next four years, including at least 85,000 new homes, according to research by EFG-Hermes, an Egyptian investment bank with offices in Dubai† (Hanware, 2005, p.1). The real sector further continues to experience growth in the emirate due to establishment of real estate companies such as Emaar Properties, Al-Nakheel, A-Ittihad, and Jumeirah both of which receive government support in their activities (Hanware, 2005). For example, according to Emaar, it had awarded a â€Å"$735.1 million contract to a consortium to build a shopping mall it says will be the worlds largest† (Hanware, 2005). The company had earlier, in January, won another contract to put up â€Å"a multi-billion dollar Dubai Waterfront real estate project which will be open to private and foreign investors† (Hanware 2005, p.1). On the other hand, another government supported Real Estate Company; Nakheel offered 49 per cent through Dubai Waterfront Co. â€Å"to develop the 8,100-hectare residential, tourism and commercial project† (Hanware 2005). Performance of real estate sector in Dubai Key factors have contributed to the success of Dubai’s real estate market, which include turbulence in the Western markets combined with low interest rate thus boosting Dubai property by making it attractive to investors; growing investments from Russia in the emirate and continued expan sion of the tourism sector, which is pushing demand for hospitality real estate (Oxford Business Group 2008). Demand for real estate in Dubai has primarily been stimulated by expansion of economy which in turn has triggered growth of the emirate’s population. At the same time, real estate sector has been boosted by the rising demand for properties from foreign investors especially after the partial liberalization of the sector in 2002, where property market has turned to be a popular investment among majority of investors (Oxford Business Group 2008). Another reason has to do with abundance of liquidity in the market which has contributed to the success of the sector. Liquidity of the market has further been supported and encouraged by high oil and gas prices in UAE. Research Methodology According to J. D. Raadt, author of ‘A Method and Software for Designing Viable Social Systems’, slight differences exist between method and methodology but in most cases, they a re used interchangeably. According to the author, methodology refers to the study of scientific thought; that is, it is the science of sciences (Raadt 2001). On the other hand, method is guided by methodology but in its capacity method deals with handling of information, that is collection of information, its organization, and manipulation for scientific purposes (Raadt, 2001). According to Morley D. Glicken, author of ,A Guide to Writing for Human Service Professionals’ methodology represent that part of research process concerned with description of how data collection is carried out, how sampling process progress, and also data collection procedures (Glicken, 2008). Methodology process to be employed in the research will largely be used to investigate the goals of the research study that include: how economy of Dubai has benefited from the real estate and construction economy; how Dubai construction and real estate has developed through history; how recent financial crises have affected the sector; how change in law has seen foreign rights of property ownership. The last three objectives have been answered through literature review and the methodology to be utilized will essentially answer the first question. Population and sample Nancy Burns and Susan K. Grove, authors of ‘the practice of nursing research: conduct, critique, and utilization’ defines population as totality of all elements, objects or substances that meet certain inclusion in a given universe (Burns and Grove 2005, p.40). A study may be conducted on firms, people and so on. On the other hand, sample has been defined as subset of the population selected for a particular study, while sampling represents the process and technique used for selecting a group of people, events, or other elements with which to conduct a study (Burns and Grove 2005). For this study, the population includes all companies in the real estate and construction economy of Dubai while the sample constit utes the three main large real estate companies in Dubai. Instrumentation Research instrumentation is regarded to be a component of measurement where measurement is defined as, â€Å"the process of assigning numbers to objects or events or situations in accord with some rule† (Burns and Grove 2005, P.40). As a result instrumentation refers to, â€Å"application of specific rules to the development of a measurement device or instrument† (Burns and Grove 2005, P.40). Generally selection of an instrument should be to examine a specific variable in a study and normally data generated with an instrument are at the nominal, ordinal, interval or ratio level of measurement (Burns and Grove 2005). More so, choice of any particular instrument requires wide examination of the instrument’s reliability and validity. Reliability is essentially concerned with how constantly the measurement technique measures a concept while validity of an instrument is the extent to which the instrument in reality reflects the theoretical concept being examined (Burns and Grove 2005). This research will employ case study strategy and instrumentation. According to an online article titled, ‘Research Methodology’ case studies are generally linked with qualitative research but in some instances can be used as a method of inquiry utilizing a positivist epistemology and ontology (Anonymous n.d). Yin (1994) observes that researchers involved in carrying out case studies sometimes may not necessary have to visit the organization they are researching on instead they can collect their data by consulting secondary sources or conducting interview of respondents through telephone or by email (cited in Anonymous n.d). Yin (1994) defines case study as, â€Å"an empirical inquiry that investigates a contemporary phenomenon within its real-life context, especially when boundaries between phenomenon and context are not clearly defined† (Anonymous n.d, p.83). Case stud y has been hailed and been found useful in situations where contextual conditions of the events being studied are critical and where the researcher has no control over the events as they unfold (Anonymous n.d). Advice given by numerous authors is that case study as a research strategy should include specific techniques for collecting and analyzing data, guided by precise stated theoretical assumptions. At the same time, data need to be collected from different sources and its integrity to be verified. The case study strategy is favored due to its usefulness for practice-based problems where the experience of the actors is important and the context of action is critical (Lee 1989; Galliers 1991 cited in Anonymous n.d). The selection of firms’ cases was based on two major reasons. First, the three firms are relative large in terms of asset and financial as compared to other firms therefore there contribution to Dubai economy is big; second, in the three firms, the Dubai governm ent has shares in the firms hence there presence and operation in the market is seen to be directly linked to the economy of the emirate. Therefore compared to other methods, case study is seen to be suitable for this kind of research on Dubai real estate and construction sector. Analysis and Research Finding Data generated through case studies is largely qualitative in nature. Therefore, qualitative techniques of analysis will be employed. According to Ian Dey, author of ‘Qualitative Data Analysis: A User Friendly Guide for Social Scientists’ states that data analysis involves the act of breaking data down into small bits and the process can be defined as the process of resolving data into its constituent components, to reveal its characteristic elements and structure (Dey 2003). Most techniques employed in qualitative analysis are based on description and according to the author, â€Å"the core of qualitative analysis lies in these related processes of describing phe nomena, classifying it, and seeing how our concepts interconnect† (Dey 2003, p.31). The first step in qualitative analysis is to generate and develop thorough and comprehensive descriptions of the phenomenon under study. Popular known as ‘thick’ description, qualitative analysis generally involves description of information about the context of an act, the intentions and meanings that organize action, and its subsequent evolution (Denzin 1978 cited in Dey 2003). Within this pretext description includes is normally carried out involving the context of action, the intentions of the actor, and the process in which action is embedded thus in most cases qualitative analysis usually aims to produce thorough descriptions in each of the above outlined cases. Dubai’s real estate economy Contribution of real estate sector to the economy has been evident through establishment of real estate companies, which today dominate property and construction projects in the emir ate. Dubai’s Number of Real Estate Businesses by the year 2003 Source: Roumi et al. 2004 Expected Growth Revenue for Real Estate firms between 2003-2004 Source: Roumi et al. 2004 Emaar Properties Limited Emaar Properties Limited was established in 1997, and since then, it has established its presence in Dubai as a local property giant, which in 2005 became the number one real estate company in the whole world in terms of market capitalization (Dubsky 2006). A part from having heavy presence in real estate industry, the company has expanded its activities and invested in other industries such as hospitality, leisure, retail, education, finance, and healthcare (Dubsky 2006). Currently, the company is listed on the Dubai Financial Market as a Public Joint Stock Company and the growth of the company reflects the strong demand of residential properties in Dubai and the resultant increase in associated prices. With regard to revenue reports, in 2005 the company had a revenue base of $2,276 million which increased to $3,813 million in 2006 and in 2007 the revenue increased to $4,782 million and this represented a growth rate of 48 per cent in three years for the revenue (Al-Abed, Vine and Hellyer 2004). As part of its real estate projects, the company has ten major real estate projects that it has been developing. They include: Dubai Marina; Arabian Ranches; Emirates Hills; The Meadows; The Springs; The Lakes; The Greens; and Emaar Towers (Al-Abed, Vine and Hellyer 2004). At the same time the company owns and manages the Gold and Diamond Park with high prospects accrued to the company as a result of â€Å"construction of Burj Dubai the tallest skyscraper and largest shopping center in the world† (Al-Abed, Vine and Hellyer 2004). A part from pursuing its expansion of business ventures plans and taking part in high-quality real estate development, the company â€Å"owns and manages four subsidiaries: Dubai Bank, Amlak Finance, Emrill Services and Sahm Technologies† (Al-Abed, Vine and Hellyer 2004). Emaar Properties has not just concentrated in Dubai market but it is expanding its operation to other Middle East and Asian countries especially after the launch of its Vision 2010 which postulates the company’s ambition to become one of the most valuable companies in the world through geographical expansion and business segmentation. Therefore the contributions of Emaar Properties to Dubai’s economy are enormous. Currently this company with large capitalization than any other company has become an effective driver of Dubai Economy through growth and progress and today Dubai has transformed its status to one of the globe’s most vibrant and cosmopolitan cities. In Dubai Emaar’s growth is associated to success stories of lifestyle communities, effective established suburbs in the desert, and re-shaped Dubai’s map of skyline by offering the emirate’s growing population urban cosmopolitan li festyle. In short Emaar’s developments and properties have been integral to the economic growth and prosperity of Dubai and the contribution of the company continue to expand the economy of the emirate (Boermeester n.d). Al-Nakheel Company Another giant real estate company in Dubai, Al Nakheel Properties also known as Nakheel Corporation, has been rated to be among the popular and resource-endowed real estate companies in Dubai. The company mainly deals in freehold properties in the emirate and the company’s â€Å"real estate development ranges into residential, tourist, commercial and retail property† (Ten Real Estate, 2010, p.1). The company, since its inceptions, operates under the Corporate Office where it is mandated with the responsibility of managing numerous real estate projects on the behalf of the Dubai government. Real estate properties under the management and development of the company include: â€Å"Palms Island that comprises Palm Jumeirah, Palm Jebel Ali, and Palm Deira; The World Island; Dubai Waterfront; The Gardens; Jumeirah Lake Towers, Discovery Gardens, Lost City, Jumeirah Islands; Jumeirah Village; The International City; Jewel of the Palm; The Palm Golden Mile; Palm Trump International Hotel and Tower, and the Ibn Battuta Mall† (Ten Real Estate 2010, p.1). In accordance to the first growing and developments taking place in Dubai, Nakheel has become a critical player in ensuring the emirate achieves its vision in the 21st century by creating a world-class destination for business operations and tourism activities. Due to crashing of the real estate and hence the economy of Dubai, the company early this initiated a program of pumping Dh 4 billion into the local economy of Dubai. And as Mena would state later, â€Å"the effect of Nakheel, having played an important role in the evolution of Dubais and indeed the regions real estate market, getting back into the action is good news† (Anonymous 2010, p.1). F urther, Mena observes that, â€Å"Dubai has continued building its infrastructure over the last two years and the city now can accommodate significantly more economic activity and Nakheel has played an important part in this† (Anonymous, 2010, p.1). Today, Nakheel’s creditors involves over â€Å"1,000 contractors, suppliers, designers and all other related consultants involving more than 4,000 contracts† (Anonymous, 2010, p.1). As a government owned company, Al Nakheel Properties will continue to be an essential arm to the economy of Dubai. Following the financial crisis and real estate crush the company was faced with financial woos a scenario that prompted the government of Dubai to bail the company from this menace. The government commitment was that it would inject about $ 9.5 billion into the Dubai World with the aim of rescuing the company since the company had become through its many projects in the emirate, a chief conglomerate that had changed and recap tured the image of Dubai as a hub for business activities and tourist destination (Surk and Schreck 2010, p.1). Stating and commending on this move by the government, Sheikh Ahmed bin Saeed Al Maktoum, the chairman of Dubai’s supreme fiscal committee noted that, â€Å"the support for Nakheel aims to ensure Dubai World and property development company gets back to normal as it has been a key contributor to the strong economic future of the Emirate of Dubai and the wider United Arab Emirates† (Surk and Schreck 2010, p.1). In short, Nakheel Company will remain as the backbone real estate company following Emaar in contributing and sustaining emirate’s economy through their numerous real estate projects and other related economic activities. Dubai Holdings Company Dubai Holdings was founded in 2004 and currently the company is comprised of some twenty companies that undertake diverse investment opportunities in energy, shipping, healthcare, media, finance, and real estate (Oxford Business Group, 2008). One of the company’s international subsidiaries is the Sama Dubai, which has a global net investment capacity in terms of revenue of almost $38 billions. The subsidiary further manages local, regional and global real estate investments on behalf of Dubai Holdings. The Dubai government has considerable shares in the company. Dubai holdings have been attached to the Dubai’s dream of becoming a regional and international economic powerhouse. In 2007, Tunishia’s president Zine El Abidine Ben Ali and the ruler of Dubai Mohammed Bin Rashid Al Maktoum entered into an agreement that was to see Dubai Holdings initiate one of the biggest real estate investment in the history of Tunisia where the company would be granted the opportunity to develop an area of 830 hectares on the shores of Tunis’s Lac Sud (Oxford Business Group 2008). Currently, operations being overseen by Dubai Holdings with regard to real estate investment incl ude buildings of towers that are being facilitated under the Dubai Towers brand, large and huge resorts undertaken under the Salam brand, business investment and developments, jumbo malls and other high-profile projects (Agnew, 2006). Further, the company has extended its real estate investments projects to Morocco where in 2007 it injected about $12 billion in Moroccan real estate that confined to constructing major cities in the country (Agnew 2006). The numerous real estate and other related investments by the company have promoted the company as one of the biggest real estate companies in that its activities have continued to give life to the economy of Dubai. Conclusion and Recommendations Summary Real estate sector is the biggest income-generating sector and continues to service Dubai’s economy greatly. It has been described as Dubai’s dynamic and driving force for the emirate’s economy. The emirate of Dubai is today one of the world’s ‘super- place’ due to its excellent and magnificent sky-buildings. The emirate which is largely a desert has transformed into a busy business hub, a one-stop tourist center and other high placed activities. Today some economists’ and political economists’ asserts that the economy of the emirate may soon be on the same pace with that of Singapore as more economic activities continue to take place in the emirate. With exceptional, real estate sector remains the artery of Dubai’s economic growth and prosperity and the government recognized and boosted this sector when in2002 it passed partial property freehold rights that for the first time gave foreign investors partial rights to buy and own property. The growth of this sector has been promising until 2008 when it crashed and to extend slowed the pace of growth in the sector. Nevertheless, given the importance all stakeholders in the emirate have attached to the sector concerted efforts in form of numerous recovery initiatives have been undertaken to rescue the sector, and though the sector is yet to note and experience full growth, numerous predictions indicate that it may not take long before the sector regain its earlier position and hence the contribution to the economy will be enormous. In essence the prospects of the real estate sector are positive an will be boosted by the recent Land department initiatives which aims to registers all built and un-built property and this has been perceived to be putting back confidence among investors. Recommendations In summary, it can be recommended that the emirate need to improve and better its legal system with regard to foreign investors where legal rights of foreign investors should be assured through appropriate legislations. Regulatory environment for real estate and construction sector should be improved to embrace policies that are more flexible. Appendix Real Estate Research Sample of Interview Checklist/Questionnaires Name of Company: Ty pe of activity: Purchasing and selling Management Brokerage Date of establishing the company: What is your evaluation for the real estate market as per quality and quantity? What is the volume of the real estate investment in Dubai and UAE? What are the market trends in the coming period as per quantity and quality? In consistence with the requirements of the coming period, what are the scopes of services you are ready to render? What are the most attractive areas in Dubai in terms of real estate investments? What are the factors behind stimulating customers in the real estate market (location, services, prices, others)? What do you think about the general environment of the real estates in Dubai as per the government legislations, finance instruments, labor and human resources, competition? What are the factors of influence in the real estates market and what is the extent of this influence? To what extent the real estates sector is affected with the other productive sectors? Wh at are the effects of real estates projects that have emerged in the recent years upon the market in general? In your opinion, are there any specific obstacles facing the real estates market in Dubai? Do you suggest any solutions? What are the most prevalent finance methods and what are the problems facing the landlords in getting the finance? What are your recommendations to develop the sector market? Reference List 2 Day Dubai. N.d. Dubai Property Sector. Web. Agnew, R., 2006. Dubai Holding launches real estate operation. Arabian Business News. Web. Available from:  https://www.arabianbusiness.com/dubai-holding-launches-real-estate-operation-208963.html . Al-Abed, I., Vine, P., and Hellyer, P., 2004. United Arab Emirates yearbook 2005. Trident Press Ltd. Web. Available from:  https://books.google.com/books?id=75VA3rU2sVQCpg=PT131dq=Emaar+Properties+companyhl=enei=tWrvTOrNB4vEswbSyLyLCwsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=Emaar%20Properties%20companyf=false . Anon ymous. N.d. Research Methodology. Web. Anonymous. 2010. Nakheel allots Dh 4billion to restart projects. Gulf News. Web. Boermeester, S., N.d. Best of Dubai. NY: Global Village Productions Ltd. Web. Available from:  https://books.google.com/books?id=K-N7zOHsQHUCpg=PA287dq=Emaar+Properties+companyhl=enei=IHbvTP-HPIGClAeRoPmjDQsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=Emaar%20Properties%20companyf=true . Burns, N. and Grove, S. K., 2005. The practice of nursing research: conduct, critique, and utilization. PA, Elsevier Health Sciences. Web. Available from:  https://books.google.com/books?id=vj_LZ6w2kXoCpg=PA40dq=research+population+and+samplehl=enei=xlH1TN3OKpWH4gbx-bioBwsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=research%20population%20and%20samplef=true . Caploe, D., 2010. Dubai Economy. Economy Watch: Economic, Investment and Finance Reports. Web. Available from:  economywatch.com/world_economy/dubai/ . Dey, I., 2003. Qualitative Data Analysis: A User Friendly G uide for Social Scientists. NY, Routledge. Web. Available from:  https://books.google.com/books?id=_CldPVi2g1cCprintsec=frontcoverdq=qualitative+data+analysis+techniqueshl=enei=wGP1TOHLCKCO4gaGrPW9Bwsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=qualitative%20data%20analysis%20techniquesf=false . Dubsky, A., 2006. Emaar takes on the global challenge. Middle East, No.367, pp.34. Web. Glicken, M. D., 2008. A Guide to Writing for Human Service. Rowman Littlefield. Web. Available from: https://books.google.com/books?id=R2TZMXm2_YMCpg=PA149dq=writing+methodology+section+of+research+paperhl=enei=XiH1TJnYAtqM4gaJ5tDHBwsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=writing%20methodology%20section%20of%20research%20paperf=true . Hanware, K., 2005. Will Dubai’s Real Estate Bubble Burst? Arab News. Web. Hill, A., 2010. What Country is Dubai In? Web. Available from:  https://www.wisegeek.com/what-country-is-dubai-in.htm . Oxford Business Group. 2008. The Report: Dubai 2008. UK , Oxford Business Group. Web. Available from:  https://books.google.com/books?id=tw6DedF0Hq4Cpg=PA137dq=real+estate+in+Dubaihl=enei=rRPuTKX_BcKP4QbewpiUDAsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=real%20estate%20in%20Dubaif=false . Raadt, J. D. R., 2001. A Method and Software for Designing Viable Social Systems. Universal-Publishers. Web. Available from:  https://books.google.com/books?id=1mmjtHRuzPECpg=PA1dq=method+and+methodologyhl=enei=vEX1TILxGcaK4Qb4n9jsBgsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=method%20and%20methodologyf=true . Roumi, J. et al. 2004. Real Estate Sector in Dubai. Web. Available from:  dubaichamber.com/wp-content/uploads/2010/10/Real-Estate-Sector-in-Dubai-eng.pdf . Reuters. 2010. Dubai economy grew 2.3 per cent in first half. The Economic Times. Web. Surk, B., and Schreck, A., 2010. Dubai Offers $9.5 Billion to aid struggling firm. Pittsburgh Post-Gazette. Web. Ten Real Estate. 2010. Property Developers: Al Nakheel Properties. Web. Avail able from:  http://realestate.theemiratesnetwork.com/developers/al_nakheel_properties.php . United Arab Emirates. 2004. A Short History of Dubai Property. Web. Available from:  https://www.ameinfo.com/industry/real-estate/a-short-history-of-dubai-property-part .

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