Over the past four decades, the UAE has made great progress in the economic, political, social, scientific, educational, health, cultural, tourism, environmental and other fields. UN confirmed that, UAE first among Arab countries and seventeenth globally in terms of the population’s happiness and satisfaction, according to its first World Happiness Report from 2012. In the business world, the UAE has gained global recognition for its excellence in the fields of economy, finance, tourism, infrastructure, communications, technology, satellites launch and industry, aviation industry and peaceful nuclear energy. The country takes great pride in pursuing the cause of sustainable and renewable energy and it hosts, of course, the headquarters of the International Agency for Renewable Energy (IRENA) in the capital city, Abu Dhabi. Also, a generous donor of humanitarian and development assistance. The OECD placed the country sixteenth in the world in 2012, up from twenty- sixth place in 2010, reflecting its growing foreign aid efforts.
Abdullah bin Zayed Al Nahyan
UNITED ARAB EMIRATES
By: Yahya Alshehhi
EDUCATION AND HEALTHCARE
ECONOMIC INDICATORS, ECONOMIC TRENDS, ECONOMIC KEY-SECTORS
MISSION TO MARS.
Area: 71023.6 Sq. km.
Climate: desert; cooler in eastern mountains
Natural resources: petroleum, natural gas
Capital: Abu Dhabi, also center for political
cultural & industrial activities.
Official Language: Arabic (official), English,
Hindi, Urdu, Bengali.
The United Arab Emirates (UAE) is a federation of 7 states.
Abu Dhabi, Dubai, Sharjah, Ajman, Umm al-Qaiwain, Ras al-Khaimah, and Fujairah
Currency: UAE Dirham (AED) = $3.67
Literacy: age 15 and over can read and write
Female: 95.8% (2005 est.).
Male: 74.67 years
Female: 80.04 years (2015 est.)
Religion: Islam is the official religion.
The UAE National Day, 2nd Decembe
UAE Political System
1. Supreme Council of Rulers (7members)
(rulers of each Emirate), which elects the
president and vice president; prime minister is
selected by president.
2. The ruler of Abu Dhabi is President of the
United Arab Emirates, the head of states, and
the ruler of Dubai is the Prime Minister of the
United Arab Emirates, the head of
3. Federal National Council (40 – members).
President Vice president
Education and Healthcare
Education at primary and
secondary levels is compulsory
Schools divided in four age
groups, kindergarten (4 to 5
years) elementary (6 to 11 years)
intermediate (12 to 14 years)
secondary (15 to 17 years).
The country is home to 70 hospitals, 15 of
which are federal institutions, and more than
150 primary health-care centers and clinics.
There are also 11 school health centers, 10
centers for mothers and children and 110
special units for mothers and children in
hospitals and primary health-care centers.
UAE* 342 156
Abu Dhabi 265 186
Dubai 77 153
* Excluding Dubai and Abu Dhabi
‘Don’t think because we are covered, we are not empowered,’ said Rafia Ghobash, one of the
UAE’s most influential women, at the opening of her new Women’s Museum in Dubai. Indeed,
women are recognized as critical partners in the UAE’s development and institutional changes
at both the national and the emirate level and the role of women in social and economic life
continues to expand.For 2012, the UAE was ranked fortieth out of 148 countries, and ahead of all other Arab nations, by the UN’s
Gender Inequality Index, which reflects gender-based inequalities in three dimensions – reproductive health,
empowerment and economic activity.
Since the UAE was established, its economy has grown 200-fold.
The second biggest economy in the Arab world after Saudi Arabia, and
accounts for more than a quarter of the gross domestic product (GDP) of
the Gulf Cooperation Council (GCC).
Nearly 14 % of the combined GDP of the countries in the Middle East/
North Africa region.
Growth in the UAE has averaged 4.8% over the last four years driven by
in (Services, Real estate and Infrastructure spending).
Source: UAE Yearbook2013
Economic Indicator (GDP)
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
147.8 180.6 222.1 257.9 315.5 253.5 286 347.5 372.3 402.3 401.6
9.6 4.9 9.8 3.2 3.2 -5.2 1.6 5.2 6.9 4.3 4.6
Item 2012 2013 2014
GDP (purchasing power
$565.70 $590.20 $617.10 31
GDP - real growth rate: 7.20% 4.30% 4.60% 30
GDP - per capita (PPP): $60,800 $63,400 $66,300 31
Consumer price inflation 0.66 1.10 +2.34 97
The projected annual inflation rate in 2015 and 2016 is 2.3% and 2.5% with biggest increase in
housing expenditure by 2.48% due to increase in housing cost. However, inflation is still below its
historic average, which indicates that the economy is steadily growing with unemployment rate
Economic Indicators (Unemployment Rate)
Figure 26 presents
trend line in United
Arab Emirates in the
Forecasts show an
assumed to be 3.6%
in year 2015, 5.4%
in 2020, and 6.04%
Economic Indicators (Balance of Trade)
Balance of Trade:
Emirates has been
2000, mostly due to
shipments of oil
and natural gas (40
percent of total
Actual Previous Highest Lowest Dates Unit Frequency
480600.00 529700.00 529700.00 40840.00 2000 - 2014 AED Million Yearly
Economic Indicator(Population Growth)
Source: Trading Economics 2015
The fact that the population and the
economic growth are related positively.
Economic Trends (Government
UAE cabinet approved AED 49.1 billion-draft federal budget for the year 2015, an increase of 6.5% as compared
Economic Trends (Trade)
Exports, Imports and Re-Exports;
The world’s twentieth
biggest exporter in
merchandise trade in 2011,
according to WTO.
25th largest export economy in
the world according to (ECI).
The UAE is the world’s third-
largest re-export market
(trailing only Hong Kong and
Singapore) and trades with
more than 220 countries.
24th largest importer in the
UAE Export Products (Made in UAE)
Dates Vegetables Watermelons Poultry Eggs Dairy Products Fish
Aluminum. Cement. Fertilizers. Commercial
Banking and Financing:
The sector is governed by
UAE central Bank
established in 1980
Local Banks 23
Foreign Banks 28
The UAE’s financial sector largely escaped the buffeting felt
by international banks in 2012 in the wake of the euro-zone
crisis. Indeed national banks performed better in 2012, with
their net earnings increasing by around 11.4 per cent.
The UAE was upgraded from ‘frontier’ to
‘EMERGING MARKET’ status by Morgan
Stanley Capital International in June 2013,
joining countries such as China, Brazil and
Turkey and opening up new source of
longer-term investment flows.
The UAE has three separate stock exchanges:
Abu Dhabi Securities Exchange (ADX).
Dubai Financial Market (DFM).
NASDAQ Dubai, a bourse which operates out of the free zone of the Dubai
International Financial Centre (DIFC).
Infrastructure Transport and Logistics
Airports and Seaports
Telecommunication and Digital Economy
The UAE ranks third in the Arab World in the
World Economic Forum’s Network Readiness
Index (NRI) for 2011-12, and thirtieth out of 142
The UAE has a mobile penetration rate of
168% one of the highest in the world.
Satellites, Thuraya, the world’s first
GSM/Satellite dual-mode satellite phone, and the
XT-Hotspot, the world’s fastest handheld hotspot.
Al YahSat Satellite Communications Company,
owned by Mubadala, is the region’s first hybrid
military and commercial satellite firm.
Dubai Expo 2020
DUBAI CONFIRMED AS WORLD EXPO HOST IN 2020
Dubai: Five key industries:
hospitality, transportation, retail, banking
and finance as well as real estate and
infrastructure will witness key growth and
so will need to expand. Source: Gulf News