Country Analysis United Arab Emirates

Country Analysis United Arab Emirates - UNITED ARAB...

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UNITED ARAB EMIRATES
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UAE Consists of Seven Emirates Abu Dhabi – the largest state; about 86% of the country Dubai – 5% of the country with 2,000,000 in population Sharjah Ajman Umm Al Qaiwain Ras Al Khaimah Fujairah
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Political Risk Assessment Political Risk – Moderate The U.A.E. is one of the six nations that make up the Gulf Cooperation Council (GCC). The GCC’s objectives include private sector cooperation, formulating consistent regulatory environments and at some point establishing a common currency. Each federation within the U.A.E. has its own ruler and power over its own petroleum and revenues. Political and economic power is concentrated in Abu Dhabi.
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Economic Assessment United Arab Emirates is now the second-richest country in the Muslim world. This is because the UAE claims the world's third largest proven oil deposits. The GDP per capita fell by 42% in the 1980s, but successful diversification helped to provide a positive growth of 48% in the 1990s. Immigrants make up a large percentage of the UAE’s workforce. The UAE government wants to preserve its traditional forms of art and culture. However, change is also apparent.
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Economic Assessment Economic Risks – Low Petroleum dominates the United Arab Emirates’ economy and most of the petroleum resources are in Abu Dhabi. Together, Abu Dhabi and Dubai (which accounts for 70% of
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Country Analysis United Arab Emirates - UNITED ARAB...

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