HSBC Bank is one of the largest multinational banks in Egypt, providing a comprehensive range of banking and financial services. The bank was established in 1982 as the Hong Kong Egyptian Bank. It was rebranded as HSBC Bank Egypt in April 2001 after an increase in the HSBC group’s shareholding to more 90% of its issues share capital. HSBC aims to help businesses thrive and contribute to the health and growth of communities. In Education, HSBC seeks to help young people fulfil their potential through education community investment programs by investing 50% of their sustainability budget on educational projects in 2014.
Migration is an important phenomenon in Egypt that has a challenging impact on the country. For the past years, one of the biggest challenges facing developing countries like Egypt is the departure of their brightest scholars and scientists from the nation. The desire of more wealth, better living conditions, and political stability strips many developing countries of their brightest human capital. The phenomenon of migrating Egyptians is a brain drain to the home country due to inadequate education and unemployment, therefore the government is working on reversing this phenomenon. One main push factor that pushes Egyptians out of the country is the inadequate education available.
Introduction Does human population growth affect our world? This has been an ethical dilemma for scientists for many years, and it seems they don’t have any solution to it yet. Human population growth has brought a lot of effect on our world, negative and positive impact. It depends on the environment of the specific area, for example, if an area is under populated, it will need population growth to have the man power in that area ( Aiex, 1994).If the area is overpopulated, population growth will be hazardous because there will have scarce resources in that particular area. In this essay, I will discuss two sides of the dilemma examining each position (pro and cons) critically.
However, the essential reason that drives migration is the economic development of countries. In most cases people aim to improve their living conditions, therefore, the larger the income difference between two countries, the higher the migration from poorer country to the richer one. That is why industrialized countries are regularly immigrant receiving countries. However, migration has different effects on the host country’s economy and, therefore on the global economy. Especially, it has an important impact on the host country’s wages and employment.
The second is the fluctuating performance of the GCC economies due to the fluctuation of oil prices. The third is spending oil money on imported labor, not leaving a sufficient number of jobs to the fast growing and increasingly educated national population. This therefore led to the next point; high living standards will not be sponsored after the establishment of vast welfare societies, in the last half century. Ever since, GCC economies have become more dependent on high oil prices. Oman and Bahrain are rapidly losing their oil reserves and are therefore in a haste to diversify their products, Qatar and the UAE on the other hand aim for a slow diversification process.
Countries are accepting immigrants who are well educated and skilled because they wants their country progress and wants to make country strong help with skilled and motivated immigrants. According to Dogra (2011), the major advantages are that the countries get well qualified and skilled workers, who help to expand business and in some countries some technical vacancies are filled by these immigrants. Furthermore, economic growth is biggest advantage for countries. All immigrants are paying high amount for settling over there and they pay too much tax for social services compare than host countries people. They also pay high amount for accommodation and food.
This collaboration of the resort with multiple suppliers, bargaining power of supplier might increase because of enhanced tourists. Bargaining Power of Customers With the increase of customers, the chances of increased bargaining power of customers are present. El Gouna presently has more than 24000 residents and visitors. Customers, in this case, tourists are the most important part of the tourism industry and hotel industry. However, it is observed that usually all types of people visit Egypt that especially includes Europeans, as it is closer to Europe.
They found that FDI had positive impacts on host countries’ economic growth in situations where it came with technology and knowledge transfers. Taking into consideration countries’ governance, FDI and economic growth, Yosra, et al (2014) built a sample of 17 Middle East and North Africa (MENA) countries over the period 1996-2011 using the Generalized Method of Moments (GMM) on a dynamic panel. They found a positive and significant impact of FDI on growth. Similarly, using time series analysis to conduct a study involving 11 developing countries from East Asia and Latin America during a varying period between 1957 and 1997, Zhang (2001) also found that FDI has a positive effect on growth but contended that the magnitude of this effect depends on the host country’s characteristics (liberalized trade policy, level of education, macroeconomic stability). Studying 18 Latin American countries between 1970 and 1999 using panel data analysis, Bengoa et al.
The conceptual framework developed describes the services from microfinance institutions to the small and medium enterprises and links with the outcomes which are measured by social economic growth of the SMEs to the borrowers after investment. The outcomes are measured at both business and household levels. MFIs services are expected to have influences not only on the financial performance of SMEs but also on the owners’ life standard and community at large. Therefore, the conceptual framework developed reflects also the outcome of financial performance of SMEs at household level this is due to the assumption that an increase on growth of SMEs result into an increase of owner’s wealth and overall standard of living since the profit obtained from enterprises activities enables the SMEs owners to meet his/her living expenditure, ownership of more fixed assets and increasing their confidence. Guy Vincent (wwwgdrcorg) refers to this change of economic state as getting out the vicious circle of poverty.
The increasing number of graduate unemployment has been a serious alarm in different countries around the globe. However, it is a significant issue for developing economic growth of the nations. Since Thailand joined the ASEAN community, there are numerous research studies that shown Thailand’s economy and labor market has been decreasing steadily. According to Nguyen’s (2015) study, Thailand need to reconstruct the education system nationwide and improve the capabilities of finding careers that match to employees’ study backgrounds. In addition, over the past few decades, graduated from the higher education levels is becoming the growing tendency in Thailand.