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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 ...
Population is heavily concentrated to the northeast on the Musandam Peninsula. The three largest Emirates ( Dubai, Abu Dhabi, and Sharjah ), are home to nearly 85% of the population. [10] The 2022 population of the UAE stands at 9.4 million, [11] of which 69% of the population is male and 31% of the population is female.
Crime in the United Arab Emirates. UAE police vehicle. The crime rate in the United Arab Emirates is relatively low [1] [2] compared to more highly industrialized nations. [2] Incidents of petty crime such as pickpocketing are low. [1] The United States Department of State states: " Crime generally is not a problem for travelers in the UAE.
On 13 November 2018 International Monetary Fund released a report and predicted that Iran's inflation rate would go as high as 40% by the end the year. According to the Statistical Center of Iran, Iran's annual inflation rate stood at 42.4% during the month December 21, 2021 to January 20, 2022.
The UAE has 7% of global proved oil reserves, about 100 billion barrels. [1] Primary energy usage in 2009 in the UAE was 693 TWh and 151 TWh per million persons. [2] The UAE is currently transitioning from an electricity generation system nearly 100% powered by gas power plants (2010) to 100% powered by solar, other renewables and nuclear in ...
The report, Doing Business: An Independent Evaluation, contained both praise and criticism of Doing Business. The report recommended that the index be clearer about what is and is not measured, disclose changes to published data, recruit more informants, and simplify the Paying Taxes indicator.
The UAE moved its Friday-Saturday weekend to Saturday-Sunday in a landmark reform that came into force on January 1, 2022. The new system was rolled out across all government entities and most firms in the private sector followed suit. [1] The United Arab Emirates announces that unvaccinated citizens will be banned from travel and that ...
The United Arab Emirates is situated in the Middle East and West Asia, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia; it is at a strategic location along the northern approaches to the Strait of Hormuz, a vital transit point for world crude oil. [2] The UAE lies between 22°50′ and 26° north latitude and ...