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The UAE economy is heavily reliant on revenues from petroleum and natural gas, especially in Abu Dhabi. In 2009, more than 85% of the UAE's economy was based on the oil exports. [ 15 ][ 16 ] In 2011, oil exports accounted for 77% of the UAE's state budget. [ 17 ] In recent years, there has been some economic diversification, [ 18 ] particularly in Dubai. [ 19 ] Abu Dhabi and other UAE emirates ...
The United Arab Emirates[ c ] (UAE), or simply TheEmirates, [ d ] is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a federal, elective monarchy composed of seven emirates, with Abu Dhabi as its capital. [ 16 ]
During the first quarter of 2015, Dubai saw a 12.5% rise in the number of new registered companies as 9,317 new firms registered with the Dubai Trade, and this had brought the total number of registered companies in Dubai to 106,000. [16] Between January and August 2017, Dubai issued licenses for 249,000 businesses, making up 46.8% of the total number of licenses issued across the UAE during ...
The United Arab Emirates is a country at the southeast end of the Arabian Peninsula on the Persian Gulf. The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of US$ 570 billion (DH 2.1 trillion) in 2014.
Government of Dubai. The Government of Dubai (Arabic: حكومة دبي) is the subnational authority that governs the Emirate of Dubai, one of the seven constituent monarchies which make up the United Arab Emirates. The executive authority and head of the government is the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum.
Emiratisation. Emiratisation (or Emiratization) is an initiative by the government of the United Arab Emirates to employ its citizens in a meaningful and efficient manner in the public and private sectors. [1][2][3] Emiratisation increases each semester adding a 1% of emirati quota to be achieved by the United Arab Emirates companies. [4]
Expatriates in the United Arab Emirates represent about 88% of the population, while Emiratis constitute roughly 12% of the total population, making the UAE home to one of the world's highest percentage of expatriates. [1][2]
Provision of education in the UAE began shortly after the establishment of the federation with the inception of the first university, the United Arab Emirates University, located in Al Ain, Abu Dhabi. Since then, the country has progressed with efforts of ensuring high literacy rates, modern programs and women's share in education. It works on improving its youth's education which is why the ...