Tag Archives: United Arab Emirates

According to allcountrylist, the United Arab Emirates (UAE) is a federal constitutional monarchy located in the Middle East. It consists of seven emirates, which are Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Ras al Khaimah and Fujairah. The UAE has a diversified economy that is heavily reliant on the exports of oil and natural gas. However, the government has made considerable progress in diversifying its economy away from oil and gas over the past few decades. This has been achieved through initiatives such as free trade zones that have encouraged foreign investment in non-oil sectors such as banking and finance services, tourism, construction and services. Additionally, the government has invested heavily in infrastructure development to make the country more attractive to foreign investors. The UAE’s economic sectors are mainly divided into three main categories: Oil & Gas; Non-Oil & Gas; and Services & Trade. The Oil & Gas sector is responsible for around 33% of GDP and over 90% of exports. It also accounts for around 40% of government revenues. On the other hand Non-Oil & Gas sector accounts for around 60% of GDP with most activity being concentrated in banking & financial services, tourism, construction and trade services such as retailing or transportation. Finally, Services & Trade sector accounts for around 7% of GDP with most activity being concentrated in telecommunications, IT services and real estate rental activities. In recent years there has been an increase in innovation within these sectors with a focus on developing new technologies to increase efficiency and reduce costs within businesses operating within them. Agriculture in the United Arab Emirates (UAE) has a long and varied history, with evidence of early settlers cultivating grains, dates and other crops as far back as 5000 BC. These early settlers used traditional farming methods to cultivate wheat, barley, millet and other crops. In the modern era (1991-present), the UAE has continued to rely heavily on agriculture for its food supply and economic stability. The main crops produced are wheat, corn, barley and sunflower seeds as well as vegetables such as potatoes, onions and tomatoes. In addition to these traditional crops, dates are also grown for both domestic consumption and export. Livestock production is also an important part of the economy with sheep being the main livestock species raised. Today there is an increased focus on sustainable agricultural practices with an emphasis on organic methods being adopted by many farmers around the country. This shift towards organic farming has seen an increase in production of various fruits including dates which are becoming increasingly popular among consumers around the world due to their high nutritional value. In addition to traditional crops such as grains, legumes and vegetables other important commodities grown in UAE include citrus fruits, pomegranates, figs and olives which are used for both domestic consumption and export. See collegesanduniversitiesinusa for U.A.E. Education and Training.