exports has been reduced by 30% in recent years (UAE economy, 2019). Furthermore, the UAE has taken steps to promote itself as a global trade hub, an initiative that has fueled increasing interest on the part of Japan which remains highly reliant on oil and gas exports from the UAE. In this regard, U.S. analysts report that, “Scarce in critical natural resources, Japan has long been dependent on imported energy and raw materials. After the complete shutdown of Japan’s nuclear reactors following the earthquake and tsunami disaster in 2011, Japan's industrial sector has become even more dependent than before… Continue Reading...
Arab Emirates has been largely supported by the oil industry. However, in recent times, the government together with the private sector has made significant investments into other industries and sectors in the UAE economy, for instance the trade and commerce sectors. This is an endeavor to facilitate the UAE to be an attractive and appealing business destination to world. As a result, this has directly impacted Emirates Airlines in a positive manner in the sense that increased travel to the UAE implies increased ticket purchases and an increase in the revenue generated. It is recommended that Emirates Airlines should capitalize its brand image to be linked to the growth in Dubai to appeal to premium travelers and business travelers (Malek, 2016).
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