- Capital Expenditure as a crucial decision of business organisations in UAE.
Overview
My proposed research paper is intended to shed some light on companies’ capital expenditure (CAPEX), what it is, how it is calculated, its importance to management and shareholders and its effects on revenues and cash flows. The amount of capital expenditure undertaken by companies in order to remain competitive in the cut throat competitive markets. Specifically, the emphasis is given on the CAPEX maintained by companies operating in the booming market of the UAE.
Aims and objectives
I am planning to study “capital expenditure” thoroughly throughout the various sections in my paper.
The questions I intend to answer throughout my research paper include but are not limited to the following:
• How do capital assets differ in different industry sectors?
• What is the value of fixed assets maintained by the companies in UAE?
• How much capital expenditure (capex) is undertaken by the companies?
• Does capital expenditure of companies depend on the sector they are operating in?
• Is the capex of a company maintained at a fixed proportion on the assets?
• How much is the year-on-year growth for the capex in each of the companies?
My research paper will then stem out of the previous questions. By the end of my research paper I would like to have the utmost confidence in stating the effects of capital expenditure, and perhaps recommend a few suggestions to firms.
I will start by researching the topic both generally and specifically with regards to the 30 firms chosen, then analyzing the data collected on the firms and stating my findings which will hopefully lead to answering the previous questions throughout my paper.
Methodology
The research methodology to be deployed in accomplishing the research study on the amount of CAPEX or capital expenditure is undertaken by various companies based in UAE. The research methodology chapter has been broken down based on its crucial aspects like research design and methods, population and sampling, and data collection procedure.
The 40 listed firms are;
1. Banking sector of UAE:
• Ajman Bank PJSC
• Commercial Bank of Dubai P.S.C. (CBD)
• Dubai Islamic Bank
• Emirates Islamic Bank PJSC
• Mashreq Bank PSC
• Abu Dhabi Islamic bank
• First Gulf Bank
• Sharjah Islamic Bank
• Bank of Sharjah
• National Bank of Umm Al-Qaiwain
2. Real estate and construction sector;
• Arabtec Holding PJSC
• ALDAR Properties PJSC
• Sorouh Real Estate Company PJSC
• Emaar Properties PJSC
• National Real Estate Co. KSC
• Union Properties PJSC
• Ozone Real Estate Group
• Dubai Investments Real Estate Company
• Emirates Property Investment Company
• Ozone Real Estate Group
3. Investment and financial service;
• Gulf General Investment Company
• Global Investment House
• Waha Capital PJSC
• Al Dhafra Insurance Co.
• Emirates Insurance Co.
• United Insurance Co.
• Al Wathba Insurance
• Amlak Finance
• Dubai Investments
• Abu Dhabi Investment Authority
• Aabar Investments PJSC
4. The industrial sector;
• ACICO Industries Company KSCC
• Abu Dhabi ship Building Co.
• National Marine dredging Co.
• Fujairah Building Industries Company
• Abu Dhabi Gas Industries Ltd
• Abu Dhabi Ports Company
• Al Mazroui Group of Companies
• Abu Dhabi National Company for Building Materials (BILDCO)
5. telecommunication sector;
• Etisalat
• Du
