Governance Quiz 2

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WorkableCliff4965
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27 Questions

What advantage does the UAE have in terms of sustainable energy according to the text?

Leading in solar facilities

How does using green energy help the UAE in gaining market share in the European Union?

By attracting environmentally conscious consumers

What does implementing nuclear and renewable energy policies signal to the UAE's political constituencies?

Long-term commitment to Net Zero targets

How does the text describe the UAE's economy in terms of well-being and environmental protection?

A vital part of ensuring well-being is protecting the environment

What aspects contribute to the UAE's growth according to the text?

Chances taken and support received

In what way does the text describe the UAE's workforce and its future prospects?

Astute and industrious with a strategic future

What percentage of the UAE's non-oil economy contributes to the GDP?

71%

Which initiative provided 1,400 loans totaling about 6.6 million US Dollars during the pandemic?

Women Entrepreneurship Finance Initiative

In which sector do 56% of the UAE's Science and Technology graduates represent women?

Technology

What is the purpose of economic diversification in the UAE?

Moving from a single income source to a range of sectors and markets

Which emirate invests heavily in renewable energy, often incorporating it into production processes?

Abu Dhabi

What does the outside perspective generally consider the UAE to be in a troubled world?

A safe haven

What was one of the goals of the founders of the UAE according to the text?

Female participation in politics and entrepreneurship sectors

Which country's version of applications shared services planning department is mentioned in the text?

"Italy"

Which industry was pearls before oil considered to be for the UAE?

"Frontier Market"

What is the main factor contributing to the economic success of the United Arab Emirates as mentioned in the text?

Historical trading routes

Which event marked a significant milestone in the development of the UAE as a hub for international trade and investment?

First shipment of tankers of oil in 1968

What plays a crucial role in maintaining the dynamism and vibrancy of the UAE's economy according to the text?

Small and medium-sized enterprises

What distinguishes free zones in the UAE from other areas in terms of business ownership?

100% foreign ownership

What makes the port of Fujaira significant in terms of international trade?

It is one of the busiest bunkering ports globally

Which initiative aims to connect Chinese markets with markets in other parts of Asia, Europe, and Africa?

Belton Road initiative

What is attributed to being a significant factor in maintaining foreign businesses' interest in the UAE?

Stability and business-friendly environment

Which sector is highlighted as continuing to support the UAE's economy despite its diversification efforts?

Oil and gas industries

What contributes to making the UAE an attractive destination for entrepreneurs according to the text?

Exemptions for taxes and duties

What has been crucial in driving growth in the small and medium-sized enterprise space in the UAE?

Investment from multinational firms

What characteristic of free zones in the UAE attracts international businesses?

Unfettered access to expatriate labor

Which aspect of cross-cultural interaction is emphasized as beneficial in the context of UAE's economic activities?

Fostering diversity and tolerance

Test your knowledge on the economic success of the United Arab Emirates and its journey over the years. Explore how foreign music, innovation, and market evolution have shaped the country's economy.

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