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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 ...
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 United Arab Emirates has been successfully diversifying the economy. 71% of UAE's total GDP comes from non-oil sectors. [86] Oil accounts for only 2% of Dubai's GDP. [87] The UAE is also making an effort to attract foreign direct investment by offering 100% foreign ownership and no taxes. [88] Tourism is one of the main sources of revenue ...
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 ...
Economy of the United Arab Emirates ... The Gulf Today; The Arabian Post (Dubai) [23] Organisations based here. Dar al Ber Society; Dubai Statistics Center;
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 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.
Agriculture in the United Arab Emirates, including fishing, was a minor part of the UAE economy in the early 1990s, contributing less than 4 percent of GDP. [1] Since the formation of the UAE, the availability of capital and the demand for fresh produce have encouraged agricultural development. [1] The main farming areas are Digdaga in Ras al ...