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United Arab Emirates
(Excerpts from Wikipedia)
The United Arab Emirates / (Arabic: دولة الإمارات العربية المتحدة Dawlat al-ʾImārāt al-ʿArabiyyah al-Muttaḥidah), sometimes simply called the Emirates or the UAE is a country located in the southeast end of the Arabian Peninsula on the Persian Gulf, bordering Oman to the east and Saudi Arabia to the south, as well as sharing sea borders with Qatar and Iran. In 2013, UAE's total population was 9.2 million; 1.4 million Emirati citizens and 7.8 million expatriates.
Established on 2 December 1971, the country is a federation of seven emirates (equivalent to principalities). The capital is Abu Dhabi, which is one of the two centers of commercial and cultural activities, together with Dubai. Islam is the official religion of the UAE, and Arabic is the official language.
Established on 2 December 1971, the country is a federation of seven emirates (equivalent to principalities). The capital is Abu Dhabi, which is one of the two centers of commercial and cultural activities, together with Dubai. Islam is the official religion of the UAE, and Arabic is the official language.
The GDP growth rate for 2010 was 3.20%. CPI inflation in the April 2008 — April 2009 year was 1.9%. The national debt as of June 2009 was $142 billion. In 2009, its GDP, as measured by purchasing power parity, stood at US$ 400.4 billion. With a population of just under 900,000 Abu Dhabi was labeled "The richest city in the world" by a CNN article.Petroleum and natural gas exports play an important role in the economy, especially in Abu Dhabi. More than 85% of the UAE's economy was based on the exports of natural resources in 2009. The UAE has tried to reduce its dependency on oil exports by diversifying the economy, particularly in the financial, tourism and construction sectors. While Abu Dhabi remained relatively conservative in its approach, Dubai, which has far smaller oil reserves, was bolder in its diversification policy.
The UAE has been spending billions of dollars on infrastructure. These developments are particularly evident in the larger emirates of Abu Dhabi and Dubai. The northern emirates are rapidly following suit, providing major incentives for developers of residential and commercial property.
Dubai International Airport was the busiest airport in the world by international passenger traffic from January to May 2013, overtaking London Heathrow. As roads in the western and southern regions are still relatively undeveloped, residents prevalently use airplanes as the main or alternative mode of transportation. A 1,200 km (750 mi) country-wide national railway is under construction, which will connect all the major cities and ports. The Dubai Metro is the first urban train network in the Arabian Peninsula. The major ports of the United Arab Emirates are Khalifa Port, Zayed Port, Port Jebel Ali, Port Rashid, Port Khalid, Port Saeed, and Port Khor Fakkan.
Expo 2020
U.A.E launched a successful bid for Expo 2020 with Dubai. The win is unprecedented in to the region. World Expos are a meeting point for the global community to share innovations and make progress on issues such as the global economy, sustainable development and improved quality of life. World Expos can be a catalyst for economic, cultural and social transformation and generates legacies for the host city and nation.
U.A.E launched a successful bid for Expo 2020 with Dubai. The win is unprecedented in to the region. World Expos are a meeting point for the global community to share innovations and make progress on issues such as the global economy, sustainable development and improved quality of life. World Expos can be a catalyst for economic, cultural and social transformation and generates legacies for the host city and nation.
Expo 2020 may be a step in the UAE’s development, under the theme ‘Connecting Minds, Creating the Future. Hind Al Shamsi the official spokesperson said that the Expo 2020 represents a qualitative shift to the UAE and whole region, citing that gaining 114 votes was not accidental, thanks to historic status of the UAE.
Demographics
The demographics of the UAE are extremely diverse. In 2010, the UAE's population was estimated to be 8,264,070, of whom only 13% were UAE nationals or Emiratis, while the majority of the populations were expatriates. The country's net migration rate stands at 21.71, the worlds highest. Under Article 8 of UAE Federal Law no. 17, an expatriate can apply for UAE citizenship after residing in the country for 20 years, providing that person has never been convicted of a crime and can speak fluent Arabic. There are 1.4 million Emirati citizens.[6] Emirati people are ethnically, with ancestries from the Arabian Peninsula, Iran, Baluchistan, East Africa, India, Pakistan and Bangladesh.
There is a growing presence of Europeans especially in multi-cultural cities such as Dubai Western expatriates, from Europe, Australia, Northern America and Latin America make up 500,000 of the UAE population. The UAE has also attracted a small number of expatriates from countries in Europe, North America, Asia, and Oceania. More than 100,000 British nationals live in the country. The rest of the population were from other Arab states.