UAE : So Rich, So Ambitious...

UAE - world's one richest country. At first sight, the UAE seems like a contradictory destination, an Islamic state where traditional Arab lifestyles continue alongside a very frantic version of Western consumerism. But it is this balance that is the secret to its success. It is also a very safe destination in the Middle East. This nation is leading the way for the future of Arabia.

One of the most highly industrialized economies in the world, the United Arab Emirates lies in the heart of the Arabian Gulf, and shares land borders with Saudi Arabia and Oman. It is a federation of seven neighboring emirates: Abu Dhabi, Dubai, Ajman, Sharjah, Umm al-Qaiwan, Ras al-Khaimah, and Fujairah.

The leadership of the United Arab Emirates is both hereditary and federal. The presidency and premiership follows the hereditary line of the Al Nahyan clan in Abu Dhabi, and the Al Maktoum clan in Dubai.

The UAE has the world's third-largest reserves of oil, with Abu Dhabi alone having 9% of the global supply. Not surprisingly, this braces the national economy, and is the leading contributor to the GDP. It is said that at current levels of production, oil reserves will last for only another century and the UAE is looking at diversifying its industries. And while they have not been spared by the current global economic crisis, both Abu Dhabi and Dubai have become models to the world of sound, sustainable growth.
Арабские Эмираты

Category:

News & Politics

Tags:

• rich
• country
• emirates

[iraqsoccer97]

best country in the world!!!!!!!!!!!!!!!

[toujames]

1:13 Owl city album cover

[MrLancer918]

Haters will be haters by talking trash...U.A.E. is awesome and smart. They know all that oil won't be there forever and they're using all that money from oil production to build their country's infrastructure and invest in a variety of industry's,they're buying into things such as financial services/ technology/science/ media & labor then bringing it into their own country and teaching their OWN PEOPLE to poise themselves as a future diversified well developed economic powerhouse,not oil alone

[kafirstunner666er]

@vitalodion lol U.A.E is some 13%Arab populations,,majority of people are South Indian mallu people

[vitalodion]

Lol embitious..if you call oil embition that you have a problem...

[bondy2k10]

So Nieve, Look at the facts! Dubai's econmey is going under as we speak!