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The United Arab Emirates has been successfully diversifying its economy. 79% of UAE's total GDP comes from non-oil sectors. [23] Oil accounts for only 2% of Dubai's GDP. [24] Bahrain has the Persian Gulf's first "post-oil" economy because the Bahraini economy does not rely on oil. [25]
The United Arab Emirates [b] (UAE), or simply the Emirates, [c] is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula.It is a federal elective monarchy made up of seven emirates, with Abu Dhabi serving as its capital. [15]
Bahrain, [a] officially the Kingdom of Bahrain, [b] is an island country in West Asia.It is situated on the Persian Gulf, and comprises a small archipelago made up of 50 natural islands and an additional 33 artificial islands, centered on Bahrain Island which makes up around 83 percent of the country's landmass.
Eight nations have coasts along the Persian Gulf: Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The Persian gulf's strategic location has made it an ideal place for human development over time. Today, many major cities of the Middle East are located in this region.
Nowadays, Eastern Arabia is a part of the Arab states of the Persian Gulf. [2] [3] [page needed] [4] [page needed] The modern-day states of Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates are the most commonly listed Gulf Arab states. [2] [5] Most of Saudi Arabia is not geographically a part of Eastern Arabia.
Map of the Middle East between North Africa, Southern Europe, Central Asia, and Southern Asia Middle East map of Köppen climate classification. The Middle East (term originally coined in English language) [note 1] is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq.
The six countries of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE form the Gulf Cooperation Council (GCC). [20] The Kingdom of Saudi Arabia covers the greater part of the Peninsula. The majority of the population of the Peninsula lives in Saudi Arabia and Yemen. [21] The Peninsula contains the world's largest reserves of oil.
The Kingdom of Bahrain [1] consists of Bahrain Island and 33 of the 37 Bahrain Islands, lying in the Persian Gulf's Gulf of Bahrain off the north shore of West Asia's Arabian Peninsula. Bahrain's capital city is Manama. The islands are about 24 kilometers (15 mi) off the east coast of Saudi Arabia and 28 kilometers (17 mi) from Qatar. [2]