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792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...

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7. SWOT Analysis<br />

Strength<br />

The UAE is an element of the Gulf Co-operation Council, which being a<br />

common market can access the GCC market with common favorable terms.<br />

The UAE has one of the most tolerant trade regimes in the Gulf, and attracts<br />

strong capital flows from across the region.<br />

In general with most Gulf States, there are a high number of expatriate<br />

workers at all levels of the economy, making up for the otherwise small<br />

workforce.<br />

Weakness<br />

The UAE’S currency is peg to the dollar, giving it minimum control over<br />

monetary policy and reducing its ability to tackle inflationary pressure.<br />

Opportunities<br />

Oil prices expected to stay high (by historical standards).<br />

Economic diversification into gas, going to places of interest, financial services<br />

and high- tech industry offers some protection against volatile oil prices.<br />

The structure, tourism and financial sectors are growing rapidly, driven by<br />

domestic and foreign Investment.<br />

Threats<br />

Some bottlenecks have been form in the construction sector and there is a<br />

chance of delays in several high – profile construction projects.<br />

Parul <strong>Institute</strong> of <strong>Management</strong> and Research - <strong>792</strong> Page 19

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