History And Current Status Of Industrial Relation In Sez In U.A.E.
The seven constituent emirates (Formerly known as the Trucial States, Trucial Coast, or Trucial Oman) had a truce (1820) and agreement (1892) with Britain. Finally in 1971 the independent federation was formed (Qatar and Bahrain separated)
Till the 1980s there was in-fighting and rivalry with Abu Dhabi and Dubai. In 1991 during the Persian Gulf War it developed international diplomatic relations. Dubai was always an important trading center, connecting the Far East, India, and Africa even in the ancient years when spices, culture, knowledge, textiles were frequently exchanged. This was the baseline for its economy. Then, in 1960s they found oil. That boosted them to becoming the highest per capita income generator of the world. They invested in capital, infrastructure and societal improvements heavily. It brought economic expansion to the entire Arab world. Even though oil and petroleum still dominate the industry, as it will last only for 3 decades, they are setting up SEZs to......
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Approximate Word Count: 1897
Approximate Pages: 8 (250 words per double-spaced page)
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