UAE

General matters

Name: United Arab Emirates (UAE)

Capital: Abu Dhabi

Population: 1.05 million ('22, IMF)

Area: 83,600 square kilometers (about 1/3 of the Korean Peninsula)

Language: Arabic (English is also common)

Religion: Islam (85% Sunnis, 15% Shia)

Ethnicity: Arab, foreigners (Asian, Iranian)

Climate: High temperature and humidity (35-45 degrees in May-October, 15-35 degrees in November-April)

Foundation: December 2, 1971 (independence from the British Protection Ordinance)

politics

Form of government: federal, presidential system (composed of seven emirates)

a major figure

President: Mohammed bin Zayed Al Nahyan (Abu Dhabi ruler)

Vice President and Prime Minister: Mohamed Al Maktoum (Dubai ruler)

Foreign Minister: Abdullah Al Nahyan (from Abu Dhabi)

the composition of Parliament

Federal Council: 40 people (50% female mandatory)

Diplomatic line: pro-Western, non-aligned

Economy

GDP : 5894억$ (‘22, EIU)

GDP per capita: $59,006$ ('22, EIU)

Economic growth rate: 7.3% ('22, EIU)

Currency unit: UAE Dirham (AED)/1 US$=3.67 DH (fixed exchange rate)

Trade: Volume: $762.5 billion ('22, EIU)

Export amount: $467 billion

Imports: $295.5 billion

Export items: Crude oil, gas, aluminum, etc

Imported items: machinery, electronics, automobiles, etc

Key Resources:

* ('22)

- Crude oil reserves: 97.8 billion barrels (8th in the world, 5.8% share)

- Gas reserves: 7.8 trillion m ³ (7th in the world, 4% occupied)