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Vol 1 Issue 12

Volume  1  Issue  12

 

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Moazzam Jazi Zohre , Hamedi Maryam , Gholamreza Esmaeilian

Identification, Assessment and Ranking Risks of Overhead Power Lines Projects using TOPSIS Method

[Abstract] [Full-Text PDF] [html]

Abstract: In the electric power industry, electric energy generated in power plants transmitted to overhead power lines through power substations and finally it is delivered to consumers. Currently overhead power lines projects are under the regional electric companies of the country. The overhead power lines projects aim to provide energy power for various provinces and keep the customers satisfied. These projects consisting of several main phases, including Initial phase, Design and Engineering phase, Procurement phase, Implementation phase, and the Final phase. Any phase may face specific risks. If one of risks occurs, the project objectives may be affected. Therefore, the effective risk management should be emphasized and implemented in these projects to assure the achievement of the project objective. In this study, risks are identified through the literature review, semi-interviews with experts, and WBS. Ranking, as a part of the complex process of risk management, is an essential step in order to assess and respond to risks timely and appropriately. In this paper, after identifying of the key overhead power lines risks and necessary attribute for analyzing, Multiple Attribute Decision-Making (MADM) approach for assessing and ranking of the key risks were used.

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Dr. Ezzat Molouk Kenawy

The expected economic effects of the new Suez Canal project in Egypt

[Abstract] [Full-Text PDF] [html]

Abstract: The current Suez Canal is considered as of the most important navigation lanes in the world as the world one tenth trade goes through it. However, its annual revenues do not exceed $ US 5 billion dollars. The Current Suez Canal is narrow and not deep. It depends on one direction navigation alternatively; which leads to a long waiting period. In spite of expansion and deepening attempts, most of giant ships cannot go through the canal and are forced to turn around the Cape of the Good Hope. The current Suez Canal is not optimally exploited despite of its economic importance as there are no adjunct ports services, logistic and industrial centers, ship maintenance and repair workshops, stores and transit trade, etc as existed in other states .The Suez Canal is facing as well important challenges due to the world competition and the attempt of some states particularly Israel to compete against the Suez Canal through several projects that threaten the Suez Canal. Thus, the Suez Canal cannot cope with such challenges except through its contribution to provide attractive privileges for the world trade transition such as efficient and least cost services that can be provided within the shortest time, competitive prices, adoption of world standard technical and management systems and flexible reaction with the technological and economic changes through creating logistic zones and economic fields around the canal to attract further investments in the fields of technology, trade and industry. Therefore, the new Suez Canal project and the project developing current Suez Canal and its surrounding area has posed since its effect on 5th August 2014 domestic, regional and international interest as being one of the national strategic projects that has several economic, development, political, social and regional dichotomies. The study aims to identify the development of the new Suez Canal concept. The study has adopted the descriptive analytical technique.

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Dr. Ezzat Molouk Kenawy

The economic importance of franchise Industry in Egypt

[Abstract] [Full-Text PDF] [html]

Abstract: The emergence of franchise-oriented investment is considered as one of the invented business and investment techniques in line of the global trade, technology and knowledge transfer in order to be consistent with the world trade development, economic development, technology progress, information revolution and the world opening on each other at the age of globalization. The franchise system consists of three axes, namely franchisor, franchisee, and franchise accession. The system targets the increase of project size, expand its activity circle through granting license to a project or many other projects to sell products or provide services by following a particular business and investment form belongs to the licensed project. The world franchisor companies numbered about 15 thousand companies of which the United States participates by almost more than 4 thousand franchisor companies. The United States occupies the first rank in this field and has 1500 trademarks circulated according to the franchise system. Despite of the increasingly franchise industry growth rates in the Middle East which is estimated by about 27% , however, the industry available opportunities and potentials are still higher than the current growth rates due to the legislative, knowledge and factual shortage in the region around that concept, or what can be called as franchise illiteracy. Although the Egyptian market has several characteristics which enable it to become a suitable investment climate to attract local and world franchise industry, the franchise industry in Egypt is still very far from the standards. This negatively affects the Egyptian economy ahead.

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