The United Arab Emirates is an Arabian Peninsula nation settled mainly along the Persian (Arabian) Gulf. The country is a federation of 7 emirates. Abu Dhabi, the island capital, is home to Sheikh Zayed Grand Mosque, with crystal chandeliers and room for 40,000 worshipers. Dubai is the site of ultramodern Burj Khalifa tower, enormous shopping centers and extravagant entertainment attractions.
Lundin Gold April 2024 Corporate Presentation v4.pdf
United Arab Emirites
1.
2. UNITED ARAB EMIRATES
TheTrucial States of the Persian Gulf coast granted the UK control of their defense and foreign
affairs in 19th century treaties. In 1971, six of these states - Abu Dhabi, 'Ajman, Al Fujayrah, Ash
Shariqah, Dubayy, and Umm al Qaywayn - merged to form the United Arab Emirates (UAE).They
were joined in 1972 by Ra's al Khaymah.The UAE's per capita GDP is on par with those of leading
West European nations. For more than three decades, oil and global finance drove the UAE's
economy. However, in 2008-09, the confluence of falling oil prices, collapsing real estate prices,
and the international banking crisis hit the UAE especially hard.The UAE essentially avoided the
"Arab Spring" unrest seen elsewhere in the Middle East in 2010-11 and in an effort to stem
potential unrest, the government announced a multi-year, $1.6-billion infrastructure investment
plan for the poorer northern emirates and aggressively pursued advocates of political reform.
The UAE in recent years has played a growing role in regional affairs. In addition to donating
billions of dollars in economic aid to help stabilize Egypt, the UAE was one of the first countries
to join the Defeat-ISIS coalition, and is a key partner in a Saudi-led military campaign inYemen.
3. THE MAP
UAE is located in the
middle
East,Boardening the
Gulf of Oman and
Persian Gulf,
between Oman and
SaudiArabia
UAE 83,600 Sq KM
4. UAE PHYSICAL
UAE is a very peaceful
place and it is located in
the Arabian peninsula by
theArabian sea. UAE is
known for being a
tourist’s heaven and also
a very good place for big
industries to run their
business.
United Arab
Emirates is indeed a
growing country
though the desert
occupies most of the
area of the country.
5. PHYSICAL FEATURES
UAE is also covered with mountains
and valleys like the siji and fertile
plains such as theThaid and Digdaga
plains.
UAE is also covered with deserts.
Deserts lie next to the interior plains.
As we head towards the Arabian Gulf
, we can find the long western costal
plain with its Dubai and Maqta
creeks.
UAE has many man made islands.
The waters of the gulf flows
trainquilly on the shores of the UAE,
hardly we will find rough waves,This
will UAE deal for water sports like
diving jet skins and racing boats.
6. Geography: United Arab Emirates (UAE)
• Location:Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia
• Geographic Coordinates: 24 00 N, 54 00 E
• Map References: Middle East
Total Area 83,600 sq km
Total Land 83,600 sq km
Water 0 sq km
Country comparison to the world: 116
Area Comparitive: slightly larger than South Carolina; slightly
smaller than Maine
7. CLIMATE
The sun
shines all the
year round in
the UAE
makes it an
ideal summer
resort.
Desert:
Cooler in
eastern
mountains
8. General Info:
Currency:
• UAE Dirham (1 UAE Dirham = 19.33 Indian Rupee)
Natural
Resources:
• petroleum, natural gas
Land Use:
• agricultural land: 4.6%
• arable land: 0.5%
• permanent crops: 0.5%
• permanent pasture: 3.6%
• forest: 3.8%
• other: 91.6%
• Irrigated Land: 923 sq km
9. General Info Cont..
• Population Distribution: population is heavily concentrated to the northeast on the Musandam
Peninsula; the three largest emirates - Abu Dhabi, Dubai, and Sharjah - are home to nearly 85% of
the population
In millions
10. General Info Cont..
• Agricultural products:dates, vegetables, watermelons; poultry, eggs, dairy products; fish
• Industries: petroleum and petrochemicals; fishing, aluminum, cement, fertilizer, commercial
ship repair, construction materials, handicrafts, textiles
• Industry production growth rate: 1.8% (2017 est.)
• Labour Force: 5.344 million(expatriates account for about 85% of the workforce)
Labour force by occupation Percentage
Agriculture 7%
Industry 15%
Services 78%
11. EDUCATION
Innovative education for a
knowledge, pioneering, and
global society.
Develop an innovative Education
System for a knowledge and global
competitive society, that includes all
age groups to meet future labor market
demand, by ensuring quality of the
ministry of education outputs, and
provision of best services for internal
and external customers.
The UAE has focused on educating
both men and women. In 1975, the
rate of adult literacy was 54 percent
among men and 31 percent among
women.Today, literacy rates for
both genders are close to 95
percent.
12. Culture of the United Arab Emirates
The UAE has a diverse society.The country's historical population
as a small tribal community has been changed with the arrival of
other nationals — first by the Iranians and from other Arab
countries in the 1950s and 1960s.Furthermore, the country was a
part of the British Empire up until 1971.
The influence of Islamic, Persian and Arabian culture on
its Architecture, Music, Attire, Cusine, and Lifestyle are very
prominent as well.
Five times every day, Muslims are called to prayer from
the Minarets of Mosques, which are scattered around the
country.The weekend begins on Friday due to Friday being the
holiest day for Muslims. Most Muslim Countries have a Friday-
Saturday orThursday-Friday weekend.
13. United Arab Emirates: Economic
Outlook - October 2018
• Real GDP growth in the UAE is estimated to have slowed considerably from 3.0 percent in 2016 to
0.8 percent in 2017.The 2.5 percent contraction in hydrocarbon GDP was offset by non-hydrocarbon
GDP growth of 1.9 percent. Petroleum production fell by 3.5 percent, and real growth in services
dropped by 0.5 percent(real estate growth fell by 4.2 percent). On the demand side, a contraction in
private consumption and slowdown in gross fixed investment were offset by a marked rebound in
government consumption compared to 2016.
• Real GDP growth is projected to rise to 2 percent in 2018 driven by a revised OPEC+ deal resulting in
increased oil production and by a boost in the non-oil sector. Economic growth is forecast to reach
3.2 percent by 2020 through the unwinding of the OPEC+ agreement and the government’s
economic stimulus plans as well as impetus from hosting Expo 2020. Inflation is projected to rise to
4.2 percent in 2018, before moderating to 2.5 percent by 2020 as the impact of theVAT dissipates.
17. Gulf Cooperation Council (GCC)
Coverage: Goods Type: Customs Union
Status: In Force Notification under:
Date of signature: 31-Dec-2001 Date of notification: 03-Oct-2006
Date of entry into force: 01-Jan-2003 End of implementation
period:
2007
Remarks:This Agreement is notified under GATT Article XXIV and the
Enabling Clause.
Current signatories: Bahrain, Kingdom of; Kuwait, the State of; Oman; Qatar; Saudi Arabia, Kingdom of; United Arab Emirates
Original signatories: Bahrain, Kingdom of; Kuwait, the State of; Oman; Qatar; Saudi Arabia, Kingdom of; United Arab Emirates
RTA Composition: Plurilateral
Region: Middle East
All Parties WTO
members?
Yes
18. Gulf Cooperation Council (GCC) -
Singapore
Coverage: Goods & Services Type: Free Trade Agreement & Economic Integration Agreement
Status: In Force Notification under: Enabling Clause & GATS Art. V
Date of signature: 15-Dec-2008 Date of notification: 30-Jun-2015
Date of entry into
force:
01-Sep-2013 End of implementation
period:
2018
Current signatories: Bahrain, Kingdom of; Kuwait, the State of; Oman; Qatar; Saudi Arabia, Kingdom of; United Arab Emirates; Singapore
Original signatories: Bahrain, Kingdom of; Kuwait, the State of; Oman; Qatar; Saudi Arabia, Kingdom of; United Arab Emirates; Singapore
RTA Composition: Bilateral; One Party is an RTA
Region: Middle East; East Asia
All Parties WTO
members?
Yes Cross-Regional: Yes
19. Pan-Arab Free Trade Area (PAFTA)
Coverage: Goods Type: Free Trade Agreement
Status: In Force Notification under: GATT Art. XXIV
Date of signature: 19-Feb-1997 Date of notification: 03-Oct-2006
Date of entry into
force:
01-Jan-1998 End of implementation
period:
2005
Remarks: The current signatories stated below are "as notfied by the
Parties". However, please note that Algeria and the Palestinian
Authority of the West Bank and the Gaza Strip are now Parties
of PAFTA.
Current signatories: Bahrain, Kingdom of; Egypt; Iraq; Jordan; Kuwait, the State of; Lebanese Republic; Libya; Morocco; Oman; Qatar; Saudi Arabia, Kingdom of; Sudan; Syrian
Arab Republic; Tunisia; United Arab Emirates; Yemen
Original signatories: Bahrain, Kingdom of; Egypt; Iraq; Jordan; Kuwait, the State of; Lebanese Republic; Libya; Morocco; Oman; Qatar; Saudi Arabia, Kingdom of; Sudan; Syrian
Arab Republic; Tunisia; United Arab Emirates; Yemen
RTA Composition: Plurilateral
Region: Middle East; Africa
All Parties WTO
members?
No Cross-Regional: Yes
24. Exports:
• $308.5 billion (2017 est.)
• $298.6 billion (2016 est.)
Export Partners:India 10.1%, Iran 9.9%, Japan 9.3%, China 5.4%, Oman 5%, Switzerland 4.4%, South
Korea 4.1% (2017)
Export Commodities:crude oil , natural gas, re exports, dried fish, dates
Imports:
• $229.2 billion (2017 est.)
• $226.5 billion (2016 est.)
• Import Partners: China 8.5%, US 6.8%, India 6.6% (2017)
• Import Commodities: machinery and transport equipment, chemicals, food
25. REFERENCES
• World Bank Open Data: https://data.worldbank.org/country/united-arab-emirates?view=chart
• WTO official page:
https://www.wto.org/english/thewto_e/countries_e/united_arab_emirates_e.htm
• Central IntelligenceAgency’s Official Site: https://www.cia.gov/library/publications/the-world-
factbook/geos/ae.html
• Global Media Insight: https: //www.globalmediainsight.com/blog/uae-population-statistics/
• Official site of UAE Embassy in US: https://www.uae-embassy.org/about-uae/education-uae