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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. [5] The UAE economy is heavily reliant on revenues from petroleum and natural gas ...
The economy of the United Arab Emirates (UAE) is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of $377 billion (AED1.38 trillion) in 2012. The United Arab Emirates has been successfully diversifying the economy. 71% of UAE's total GDP comes from non-oil sectors. [ 86 ]
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
The Targeted Economic Support Scheme (TESS) is a stimulus package launched by the Central Bank of the United Arab Emirates in March 2020 in response to the economic impacts of the COVID-19 pandemic.
From 1971 to 2014 the UAE's humanitarian and development aid to Egypt equaled to US$12.8 billion . [10] In 2013, the largest receiver of the UAE's government development aid was directed to Egypt. In that same year, an agreement was created aimed at supporting the economy and financial system. [11]
Economy of the United Arab Emirates-related lists (1 C, 3 P) + Emirati economists (3 P) B. Emirati billionaires (20 P) ... Statistics; Cookie statement; Mobile view ...
Landscape of United Arab Emirates Environmental issues in the United Arab Emirates (UAE) are caused by the exploitation of natural resources, rapid population growth, and high energy demand. The continuing temperature rise caused by global warming contributes to UAE's water scarcity, drought, rising sea level, and aridity. The UAE has a hot desert climate, which is very vulnerable to the ...
The United Arab Emirates has developed from a juxtaposition of Bedouin tribes to one of the world's wealthiest states in only about 50 years, boasting one of the highest GDP (PPP) per capita figures in the world. Economic growth has been impressive and steady throughout the history of this young confederation of emirates with brief periods of ...