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map of United Arab Emirates

 

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Location:

Middle East, bordering the Sea of Oman and the Persian Gulf, between Oman and Saudi Arabia

 

Capital :
Abu Dhabi. Population: 1.5 million (2008 figure for entire emirate).
 

Population:

4,798,491
0-14 years: 20.4% (male 500,928/female 478,388)
15-64 years: 78.7% (male 2,768,030/female 1,008,404)
65 years and over: 0.9% (male 27,601/female 15,140)


note: 73.9% of the population in the 15-64 age group is non-national (2009 est.)
 

Languages:

Arabic (official), Persian, English, Hindi, Urdu
 

Climate:
desert; cooler in eastern mountains

Economy - overview:
Oil and gas are the UAE's' main industries, and underpin the country's considerable prosperity. Outside the oil and gas sector, which includes refining and the production of oil-derived chemicals, most economic activity is government sponsored, and designed to diversify the economy and reduce dependence on oil. This strategy has been reasonably successful and the oil sector's contribution to GDP is now down to about 45%.
The economy has boomed in recent years. The IMF's estimate for the UAE's GDP growth in 2007 was a whopping 16.4%, keeping the country well on course as a major financial player in the region.

Economy:
Oil and gas are the UAE's' main industries, and underpin the country's considerable prosperity. Outside the oil and gas sector, which includes refining and the production of oil-derived chemicals, most economic activity is government sponsored, and designed to diversify the economy and reduce dependence on oil. This strategy has been reasonably successful and the oil sector's contribution to GDP is now down to about 45%.
The economy has boomed in recent years. The IMF's estimate for the UAE's GDP growth in 2007 was a whopping 16.4%, keeping the country well on course as a major financial player in the region.

 

Industries:

petroleum, fishing, petrochemicals, construction materials, some boat building, handicrafts, pearling


Exports:
Crude oil, natural gas, re-exports, dried fish and dates.

Imports:
Machinery and transport equipment, chemicals and food.
Main trade partners: Japan, Korea (Rep), India, Thailand, China, USA and the EU.

Exchange rates:
UAE Dirham (AED) = 100 fils. Notes are in denominations of AED1,000, 500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of AED1, and 50, 25, 10 and 5 fils (10 and 5 fils coins are rarely used).
The Dirham is tied to the US Dollar
http://www.worldtravelguide.net/country/290/money/Middle-East/United-Arab-Emirates.html


GDP :
US$189.6 billion (2007).

 

 

 

Useful links:

  • Ministries & Organization

 

 

 

  • Trade Associations & Chamber of Commerce

 

 

 

  • .Trade Fairs

 

 

 

 

 

 

 

 

  Copyright By :  Kish Trade Promotion Center  2002