Country Info:
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United_Arab_Emirates Location:
22°472 N, 54°372 E
United_Arab_Emirates Geography:
Area
- Total 83,600 km2 (116th)
32,278 sq mi
- Water (%) negligible
United_Arab_Emirates People:
Population
- 2005 estimate 4,496,000 (116th)
- 2005 census 4,104,695
- Density 64 /km2 (143rd)
139 /sq mi
United_Arab_Emirates Government:
The Presidency and Premiership of the United Arab Emirates is hereditary to the Al Nahyan clan of Abu Dhabi and the Al Maktoum clan of Dubai respectively. The Supreme Council, consisting of the rulers of the seven emirates, also elects the Council of Ministers, while an appointed forty-member Federal National Council, drawn from all the emirates, reviews proposed laws. There is a federal court system; all emirates except Dubai and Ras al-Khaimah have joined the federal system; all emirates have both secular and Islamic law for civil, criminal, and high courts.
United_Arab_Emirates Economy:
The United Arab Emirates has a highly industrialized economy that makes the country one the most developed in the world, based on various socioeconomic indicators such as GDP per capita, energy consumption per capita, and the HDI.
At $168 billion in 2006, the GDP of the UAE ranks second in the CCASG (after Saudi Arabia), third in the Middle East North Africa (MENA) region (after Saudi Arabia and Iran), and 38th in the world (ahead of Malaysia).
There are various deviating estimates regarding the actual growth rate of the nation s GDP, however all available statistics indicate that the UAE currently has one of the fastest growing economies in the world. According to a recent report by the Ministry of Finance and Industry, real GDP rose by 35 per cent in 2006 to $175 billion, compared with $130 billion in 2005. These figures would suggest that the UAE had the fastest growing real GDP in the world, between 2005 and 2006.
Although the United Arab Emirates is becoming less dependent on natural resources as a source of revenue, petroleum and natural gas exports still play an important role in the economy, especially in Abu Dhabi. A massive construction boom, an expanding manufacturing base, and a thriving services sector are helping the UAE diversify its economy. Nationwide, there is currently $350 billion worth of active construction projects. 3
United_Arab_Emirates More Information:
http://en.wikipedia.org/wiki/United_Arab_Emirates
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