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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.
Dubai, the most populous city in the United Arab Emirates Map of the United Arab Emirates. The table below shows a list of every city in the UAE with a population of at least 10,000, listed in descending order. The capitals are shown in bold. The population numbers are of the cities, and not the emirates, often with the same name.
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 ...
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 ...
This is a list of cities in the world by nominal gross domestic product (GDP). The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. Cities may be defined as the cities proper, by the extent of their urban area, or their metropolitan regions. [4]
Based on latest figures and estimates, the Arab League has a GDP of approximately US$3.5 trillion at nominal values and $9.4 trillion at purchasing power parity (PPP). The member states with the largest nominal GDP are Saudi Arabia at US$1.115 trillion, followed by the UAE at $507.18 billion and Egypt at $489.4 billion.
The United Arab Emirates is located in the oil-rich and strategic Arabian or Persian Gulf region. It adjoins the Kingdom of Saudi Arabia and the Sultanate of Oman . Abu Dhabi is located in the far west and southwest part of the United Arab Emirates along the southern coast of the Persian Gulf between latitudes 22°40' and around 25° north and ...
The United Arab Emirates consists of seven emirates (Arabic: إمارات ʾimārāt; singular: إمارة ʾimārah), which were historically known as the Trucial States. [1] All emirates are founding members of the union, apart from Ras Al Khaima which joined two months after the rest. There is almost always full freedom of movement between ...