Gathering primary (= your own) data about your topic
Please write answers to the questions below, and bring this sheet to class on Wednesday.

Name: Fatma Alsayed Nasser Al Hashemi
1. Research Topic: Financial Crises in UAE

2. Method(s): Survey? x Interviews? o Observation? o

3. Who will you ask/observe? (e.g. age, gender, nationality, occupation)
Male individual’s works in banks and other financial institutions. The target group are individuals of 30 years and above. Nationalities will include local and Arab expatriates who works in higher positions.

4. How/where will you do this? How many people will you ask/observe? How long will it take? If you are going to observe something, at what time of day will you observe?
I will target around 50 people and will visit financial institutions in Abu Dhabi where I can gather all the information I required. The survey will take around one week and will be done during morning time.

5. Are you looking mainly for facts or for opinions? How will your data add to what you have learned from your reading?
I will look for facts and add my opinion to it. The data which will be collected will be a practical prove that will be added to the theoretical part of the survey.

6. If you are going to use a survey or interview, write your questions below.
If you are going to do interviews, for each question try to add a “follow-up” question to get more information if the person does not give much.
If you are going to observe something/somebody, make a table to use when you are observing. (Remember that when you are observing you will only have time to write very short notes or marks).

Question
Survey Outcome
1

Had some people get directly affected by the current financial crises, did it affect their personal life?

2
In observing clients financial situation, what are their top worries about it?

3
For the next two years to come, do you think clients have strong confidence in the UAE economy?

4
What is the client’s general view in the world economy in the years to come?

5
What do you say about the expatriate populations who have put their belief and hard earned money into buying property?

6
What have been the priorities of the bank in responding to this crisis? Which social groups of people have been prioritized?

7
What sorts of financial measures have been adopted to respond to the crisis and what have been their effects?

8
What recommendations would you make to the bank to ensure that its policies are in compliance with human rights especially during the times of crises?


7. When you have decided on your questions/ observation table, try them out with two or three people, and see if they find your questions clear. Is it easy to use your method? Are you getting enough reliable information? Write a short paragraph below, explaining how your trial went, and how you might improve your method.

I made a phone interview with Sr.team leader/loans in Abu Dhabi Commercial where I asked her to provide me with her point of view on the current financial crises in UAE and how it had directly effect clients who possess higher positions. And what is their future plan to overcome their current financial situation.
She was so clear in her answers but could give only a rough figures on the number of people who have directly been effected by the current financial crises and dividing them into groups as per their age and occupations.

Small story 2

Abu Dhabi Commercial Bank was a good resource and example that provides services/ payment plans for customers. This payment plan includes payment period, eligibility, minimum salary requirements, maximum loan amount, interest rate and documents required for loan.Another good source was the trading economics, a global economics research which gives and explanation of the current UAE banks interest rates, growth rates, inflation rates.