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The United Arab Emirates is a federation of seven Emirates, with autonomous federal and local governments. The UAE has historically been a low-tax jurisdiction. [1] The federal government and local governments are entitled to levy taxes on citizens and companies. The federal government currently levies a value added tax, corporate income tax ...
United Arab Emirates portal. The United Arab Emirates [b] ( UAE ), or simply the Emirates, [c] is a country in West Asia, in the Middle East. Located at the eastern end of the Arabian Peninsula, it shares land borders with Oman to the east and Saudi Arabia to the southwest; as well as maritime borders in the Persian Gulf with Qatar and Iran.
The Ministry of Finance (MoF) ( Arabic: وزارة المالية) is the ministry of the federal government of United Arab Emirates which is responsible for public finances. The ministry's objective is to promote fiscal planning and fiscal sustainability of the federal government of the United Arab Emirates. The ministry is located in Abu ...
The United Arab Emirates ( UAE ), or simply the Emirates, is a country in West Asia, in the Middle East. Located at the eastern end of the Arabian Peninsula, it shares borders with Oman and Saudi Arabia; as well as maritime borders in the Persian Gulf with Qatar and Iran. The United Arab Emirates is an elective monarchy formed from a federation ...
Dubai, the most populous city in the United Arab Emirates Map of the United Arab Emirates. The table below shows a list of every city in the UAE with a population of at least 10,000, listed in descending order. The capitals are shown in bold. The population numbers are of the cities, and not the emirates, often with the same name.
The name dirham is a loan from the Greek δραχμή (drakhmé). Due to centuries of trade and usage of the currency, dirham survived through the Ottoman Empire . Before 1966, all the emirates that now form the UAE used the Gulf rupee, which was pegged at parity to the Indian rupee. On 6 June 1966, India decided to devalue the Gulf rupee ...
On 29 November 1971, shortly before the end of the British protectorate and the formation of the United Arab Emirates, Iran and the ruler of Sharjah signed a memorandum of understanding (MoU) for the joint administration of Abu Musa. Under the MoU, Sharjah was to have a local police station on Abu Musa and Iran was to station troops on the ...
The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel ), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [1] The UAE economy is heavily reliant on revenues from petroleum and natural gas ...