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Some financial free trade zones in Abu Dhabi and Dubai have their own legal and court systems based on English common law; local businesses in both emirates are allowed to opt-in to the jurisdiction of common law courts for business contracts. [4] [5] [6] The justice system in the UAE has been characterized as opaque.
Ghafoor is also a co-founder and board member of human rights group Democracy for the Arab World Now (DAWN). The Abu Dhabi Money Laundering Court convicted Ghafoor of committing crimes of tax evasion and money laundering and also ordered him to pay a fine of more than $800,000 stemming from his conviction, in absentia. Critics and human rights ...
In June 2015, the Federal Supreme Court sentenced an Emirati terrorist, Alaa Bader al-Hashemi, to death for the murder of Ibolya Ryan and planting a "handmade bomb" in an Egyptian-American doctor's home in Abu Dhabi. The woman committed the crime in December 2014 and was executed at dawn on 13 July 2015.
The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: 100% foreign ownership of the enterprise; 100% import and export tax exemptions
The Emirate of Abu Dhabi has 31.2%, meaning that over two-thirds of the UAE population lives in either Abu Dhabi or Dubai. Abu Dhabi has an area of 67,340 square kilometres (26,000 square miles), which is 86.7% of the country's total area, excluding the islands.
The 2022 population of the UAE stands at 9.4 million, [3] Only approximately 20% of residents are UAE citizens. [4] According to the CIA World Fact Book, 76% of the residents are Muslim, 9% are Christian, other (primarily Hindu and Buddhist, less than 5% of the population consists of Parsi, Baha'i, Druze, Sikh, Ahmadi, Ismaili, Dawoodi Bohra Muslim, and Jewish) 15%. [5]
UTC+04:00 time zone (blue) United Arab Emirates Standard Time or UAE Standard Time is the time zone for the UAE. It is given by Gulf Standard Time, being 4 hours ahead of GMT/UTC and is co-linear with neighbouring Oman. The UAE does not change clocks for daylight saving time. [1]
The UAE's large hydrocarbon wealth gives it one of the highest GDP per capita in the world and Abu Dhabi owns the majority of these resources—95% of the oil and 92% of gas. [68] Abu Dhabi thus holds 9% of the world's proven oil reserves (98.2bn barrels) and almost 5% of the world's natural gas (5.8 billion cubic metres or 200 billion cubic feet).