Exchange Rate Home >> Country Info >> United Arab Emirates
United Arab Emirates |
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Introduction
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Background:
The Trucial 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 Zaby, '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. Its generosity with oil revenues and its moderate foreign policy stance have allowed the UAE to play a vital role in the affairs of the region.
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Geography
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Freshwater withdrawal (domestic/industrial/agricultural):
total: 2.3 cu km/yr (23%/9%/68%) per capita: 511 cu m/yr (2000)
Total renewable water resources:
0.2 cu km (1997)
Land boundaries:
total: 867 km border countries: Oman 410 km, Saudi Arabia 457 km
Environment - international agreements:
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Dumping, Ozone Layer Protection signed, but not ratified: Law of the Sea
Climate:
desert; cooler in eastern mountains
Map references:
Middle East
Geographic coordinates:
24 00 N, 54 00 E
Natural resources:
petroleum, natural gas
Elevation extremes:
lowest point: Persian Gulf 0 m highest point: Jabal Yibir 1,527 m
Terrain:
flat, barren coastal plain merging into rolling sand dunes of vast desert wasteland; mountains in east
Geography - note:
strategic location along southern approaches to Strait of Hormuz, a vital transit point for world crude oil
Area:
total: 83,600 sq km land: 83,600 sq km water: 0 sq km
Location:
Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia
Coastline:
1,318 km
Area - comparative:
slightly smaller than Maine
Irrigated land:
760 sq km (2003)
Environment - current issues:
lack of natural freshwater resources compensated by desalination plants; desertification; beach pollution from oil spills
Maritime claims:
territorial sea: 12 nm contiguous zone: 24 nm exclusive economic zone: 200 nm continental shelf: 200 nm or to the edge of the continental margin
Natural hazards:
frequent sand and dust storms
Land use:
arable land: 0.77% permanent crops: 2.27% other: 96.96% (2005)
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People
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Total fertility rate:
2.43 children born/woman (2008 est.)
Sex ratio:
at birth: 1.05 male(s)/female under 15 years: 1.05 male(s)/female 15-64 years: 2.74 male(s)/female 65 years and over: 1.84 male(s)/female total population: 2.19 male(s)/female (2008 est.)
HIV/AIDS - adult prevalence rate:
0.18% (2001 est.)
HIV/AIDS - people living with HIV/AIDS:
NA
Life expectancy at birth:
total population: 75.89 years male: 73.35 years female: 78.56 years (2008 est.)
Literacy:
definition: age 15 and over can read and write total population: 77.9% male: 76.1% female: 81.7% (2003 est.)
Net migration rate:
24.41 migrant(s)/1,000 population (2008 est.)
Ethnic groups:
Emirati 19%, other Arab and Iranian 23%, South Asian 50%, other expatriates (includes Westerners and East Asians) 8% (1982) note: less than 20% are UAE citizens (1982)
Median age:
total: 30.1 years male: 32 years female: 24.6 years (2008 est.)
Population:
4,621,399 note: estimate is based on the results of the 2005 census that included a significantly higher estimate of net inmigration of non-citizens than previous estimates (July 2008 est.)
Education expenditures:
1.3% of GDP (2005)
Population growth rate:
3.833% (2008 est.)
Languages:
Arabic (official), Persian, English, Hindi, Urdu
Death rate:
2.13 deaths/1,000 population (2008 est.)
Infant mortality rate:
total: 13.11 deaths/1,000 live births male: 15.32 deaths/1,000 live births female: 10.8 deaths/1,000 live births (2008 est.)
HIV/AIDS - deaths:
NA
School life expectancy (primary to tertiary education):
total: 11 years male: 11 years female: 12 years (2003)
Age structure:
0-14 years: 20.5% (male 484,102/female 462,405) 15-64 years: 78.6% (male 2,663,702/female 970,672) 65 years and over: 0.9% (male 26,244/female 14,274) note: 73.9% of the population in the 15-64 age group is non-national (2008 est.)
Birth rate:
16.06 births/1,000 population (2008 est.)
Religions:
Muslim 96% (Shia 16%), other (includes Christian, Hindu) 4%
Nationality:
noun: Emirati(s) adjective: Emirati
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Government
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Diplomatic representation from the US:
chief of mission: Ambassador Richard G. OLSON, Jr. embassy: Embassies District, Plot 38 Sector W59-02, Street No. 4, Abu Dhabi mailing address: P. O. Box 4009, Abu Dhabi telephone: [971] (2) 414-2200 FAX: [971] (2) 414-2603 consulate(s) general: Dubai
National holiday:
Independence Day, 2 December (1971)
Suffrage:
none
Government type:
federation with specified powers delegated to the UAE federal government and other powers reserved to member emirates
Political pressure groups and leaders:
NA
Diplomatic representation in the US:
chief of mission: Ambassador Yousef bin Mani Saeed al-OTAIBA chancery: 3522 International Court NW, Suite 400, Washington, DC 20008 telephone: [1] (202) 243-2400 FAX: [1] (202) 243-2432 consulate(s): New York, Houston
International organization participation:
ABEDA, AFESD, AMF, FAO, G-77, GCC, IAEA, IBRD, ICAO, ICC, ICCt (signatory), ICRM, IDA, IDB, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, LAS, MIGA, NAM, OAPEC, OIC, OPCW, OPEC, UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
Legislative branch:
unicameral Federal National Council (FNC) or Majlis al-Ittihad al-Watani (40 seats; 20 members appointed by the rulers of the constituent states, 20 members elected to serve two-year terms) elections: elections for one half of the FNC (the other half remains appointed) held in the UAE on 18-20 December 2006; the new electoral college - a body of 6,689 Emiratis (including 1,189 women) appointed by the rulers of the seven emirates - were the only eligible voters and candidates; 456 candidates including 65 women ran for 20 contested FNC seats; one female from the Emirate of Abu Dhabi won a seat and 8 women were among the 20 appointed members note: reviews legislation but cannot change or veto
Legal system:
based on a dual system of Sharia and civil courts; has not accepted compulsory ICJ jurisdiction
Flag description:
three equal horizontal bands of green (top), white, and black with a wider vertical red band on the hoist side
Independence:
2 December 1971 (from UK)
Country name (Goverment):
conventional long form: United Arab Emirates conventional short form: none local long form: Al Imarat al Arabiyah al Muttahidah local short form: none former: Trucial Oman, Trucial States abbreviation: UAE
Political parties and leaders:
none; political parties are not allowed
Capital:
name: Abu Dhabi geographic coordinates: 24 28 N, 54 22 E time difference: UTC+4 (9 hours ahead of Washington, DC during Standard Time)
Constitution:
2 December 1971; made permanent in 1996
Executive branch:
chief of state: President KHALIFA bin Zayid Al-Nuhayyan (since 3 November 2004), ruler of Abu Zaby (Abu Dhabi) (since 4 November 2004); Vice President and Prime Minister MUHAMMAD BIN RASHID Al-Maktum (since 5 January 2006) head of government: Prime Minister and Vice President MUHAMMAD bin Rashid Al-Maktum (since 5 January 2006); Deputy Prime Ministers SULTAN bin Zayid Al-Nuhayyan (since 20 November 1990) and HAMDAN bin Zayid Al-Nuhayyan (since 20 October 2003) cabinet: Council of Ministers appointed by the president note: there is also a Federal Supreme Council (FSC) composed of the seven emirate rulers; the FSC is the highest constitutional authority in the UAE; establishes general policies and sanctions federal legislation; meets four times a year; Abu Zaby (Abu Dhabi) and Dubayy (Dubai) rulers have effective veto power elections: president and vice president elected by the FSC for five-year terms (no term limits) from among the seven FSC members; election last held 3 November 2004 upon the death of the UAE's Founding Father and first President ZAYID bin Sultan Al Nuhayyan (next to be held in 2009); prime minister and deputy prime minister appointed by the president election results: KHALIFA bin Zayid Al-Nuhayyan elected president by a unanimous vote of the FSC; MUHAMMAD bin Rashid Al-Maktum unanimously affirmed vice president after the 2006 death of his brother Sheikh Maktum bin Rashid Al-Maktum
Administrative divisions:
7 emirates (imarat, singular - imarah); Abu Zaby (Abu Dhabi), 'Ajman, Al Fujayrah, Ash Shariqah (Sharjah), Dubayy (Dubai), Ra's al Khaymah, Umm al Qaywayn (Quwayn)
Judicial branch:
Union Supreme Court (judges are appointed by the president)
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Economy
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Exports - partners:
Japan 23.6%, South Korea 9.2%, Thailand 5%, India 4.8% (2007)
Electricity - consumption:
57.88 billion kWh (2006 est.)
Central bank discount rate:
NA
Electricity - imports:
0 kWh (2007 est.)
Current account balance:
$36.41 billion (2008 est.)
Debt - external:
$73.71 billion (31 December 2008 est.)
Unemployment rate:
2.4% (2001)
Oil - exports:
2.703 million bbl/day (2005 est.)
GDP - per capita (PPP):
$40,400 (2008 est.)
Investment (gross fixed):
20.8% of GDP (2008 est.)
Stock of domestic credit:
$155.4 billion (31 December 2007)
GDP (purchasing power parity):
$186.4 billion (2008 est.)
GDP (official exchange rate):
$270 billion (2008 est.)
Exchange rates:
Emirati dirhams (AED) per US dollar - 3.673 (2008 est.), 3.673 (2007), 3.673 (2006), 3.6725 (2005), 3.6725 (2004) note: officially pegged to the US dollar since February 2002
GDP - real growth rate:
8.5% (2008 est.)
Stock of money:
$49.5 billion (31 December 2007)
Labor force:
3.266 million (2008 est.)
Imports - partners:
China 12.8%, India 10%, US 8.7%, Japan 6.1%, Germany 5.9%, UK 5.3%, Italy 4.6% (2007)
Inflation rate (consumer prices):
14.4% (2008 est.)
GDP - composition by sector:
agriculture: 1.6% industry: 61.8% services: 36.6% (2008 est.)
Oil - imports:
232,300 bbl/day (2005)
Exports:
$207.7 billion f.o.b. (2008 est.)
Natural gas - consumption:
43.11 billion cu m (2006 est.)
Currency (code):
Emirati dirham (AED)
Economy - overview:
The UAE has an open economy with a high per capita income and a sizable annual trade surplus. Successful efforts at economic diversification have reduced the portion of GDP based on oil and gas output to 25%. Since the discovery of oil in the UAE more than 30 years ago, the UAE has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a high standard of living. The government has increased spending on job creation and infrastructure expansion and is opening up utilities to greater private sector involvement. In April 2004, the UAE signed a Trade and Investment Framework Agreement with Washington and in November 2004 agreed to undertake negotiations toward a Free Trade Agreement with the US. The country's Free Trade Zones - offering 100% foreign ownership and zero taxes - are helping to attract foreign investors. Higher oil revenue, strong liquidity, housing shortages, and cheap credit in 2005-07 led to a surge in asset prices (shares and real estate) and consumer inflation. The global financial crisis and the resulting tight international credit market and falling oil prices have already begun to deflate asset prices and will result in slower economic growth for 2009. Dependence on oil and a large expatriate workforce are significant long-term challenges. The UAE's strategic plan for the next few years focuses on diversification and creating more opportunities for nationals through improved education and increased private sector employment.
Economic aid - donor:
since its founding in 1971, the Abu Dhabi Fund for Development has given about $5.2 billion in aid to 56 countries (2004)
Natural gas - exports:
6.848 billion cu m (2005 est.)
Imports - commodities:
machinery and transport equipment, chemicals, food
Industries:
petroleum and petrochemicals; fishing, aluminum, cement, fertilizers, commercial ship repair, construction materials, some boat building, handicrafts, textiles
Electricity - exports:
0 kWh (2007 est.)
Population below poverty line:
19.5% (2003)
Stock of quasi money:
$104.6 billion (31 December 2007)
Electricity - production:
62.76 billion kWh (2006 est.)
Imports:
$141.1 billion f.o.b. (2008 est.)
Oil - proved reserves:
97.8 billion bbl (1 January 2008 est.)
Labor force - by occupation:
agriculture: 7% industry: 15% services: 78% (2000 est.)
Natural gas - proved reserves:
6.071 trillion cu m (1 January 2008 est.)
Reserves of foreign exchange and gold:
$67.24 billion (31 December 2008 est.)
Oil - consumption:
381,000 bbl/day (2006 est.)
Stock of direct foreign investment - abroad:
$28.95 billion (2008 est.)
Public debt:
22.4% of GDP (2008 est.)
Stock of direct foreign investment - at home:
$62.69 billion (2008 est.)
Market value of publicly traded shares:
$224.7 billion (31 December 2007)
Currency code:
AED
Household income or consumption by percentage share:
lowest 10%: NA% highest 10%: NA%
Exports - commodities:
crude oil 45%, natural gas, reexports, dried fish, dates
Economic aid - recipient:
$5.36 million (2004)
Electricity - production by source:
fossil fuel: 100% hydro: 0% nuclear: 0% other: 0% (2001)
Natural gas - imports:
1.343 billion cu m (2005)
Natural gas - production:
48.79 billion cu m (2006 est.)
Budget:
revenues: $83.15 billion expenditures: $48.3 billion (2008 est.)
Fiscal year:
calendar year
Oil - production:
2.948 million bbl/day (2007 est.)
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Communications
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Internet users:
2.3 million (2007)
Telephones - main lines in use:
1.385 million (2007)
Televisions:
310,000 (1997)
Internet country code:
.ae
Radio broadcast stations:
AM 13, FM 8, shortwave 2 (2004)
Radios:
820,000 (1997)
Telephones - mobile cellular:
7.595 million (2007)
Television broadcast stations:
15 (2004)
Telephone system:
general assessment: modern fiber-optic integrated services; digital network with rapidly growing use of mobile-cellular telephones; key centers are Abu Dhabi and Dubai domestic: microwave radio relay, fiber optic and coaxial cable international: country code - 971; linked to the international submarine cable FLAG (Fiber-Optic Link Around the Globe); landing point for both the SEA-ME-WE-3 and SEA-ME-WE-4 submarine cable networks; satellite earth stations - 3 Intelsat (1 Atlantic Ocean and 2 Indian Ocean) and 1 Arabsat; tropospheric scatter to Bahrain; microwave radio relay to Saudi Arabia
Internet Service Providers (ISPs):
1 (2000)
Internet hosts:
381,915 (2008)
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Transportation
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Pipelines:
condensate 520 km; gas 2,908 km; liquid petroleum gas 300 km; oil 2,950 km; oil/gas/water 5 km; refined products 156 km (2007)
Ports and terminals:
Mina' Zayid (Abu Dhabi), Al Fujayrah, Mina' Jabal 'Ali (Dubai), Mina' Rashid (Dubai), Mina' Saqr (Ra's al Khaymah), Khawr Fakkan (Sharjah)
Heliports:
5 (2007)
Merchant marine:
total: 58 by type: bulk carrier 6, cargo 9, chemical tanker 4, container 8, liquefied gas 1, passenger/cargo 1, petroleum tanker 24, roll on/roll off 4, specialized tanker 1 foreign-owned: 14 (Denmark 1, Greece 3, Kuwait 10) registered in other countries: 313 (Bahamas 23, Bahrain 1, Belize 5, Cambodia 2, Comoros 7, Cyprus 9, Dominica 1, Georgia 1, Gibraltar 3, Hong Kong 1, India 6, Indonesia 2, Iran 1, Jordan 13, North Korea 8, Liberia 23, Malta 5, Marshall Islands 15, Mexico 1, Netherlands 5, Panama 109, Papua New Guinea 6, Philippines 1, Saint Kitts and Nevis 18, Saint Vincent and the Grenadines 9, Saudi Arabia 1, Sierra Leone 8, Singapore 12, Somalia 1, Turkey 1, UK 9, unknown 6) (2008)
Airports - with paved runways:
total: 22 over 3,047 m: 10 2,438 to 3,047 m: 3 1,524 to 2,437 m: 2 914 to 1,523 m: 4 under 914 m: 3 (2007)
Roadways:
total: 4,080 km paved: 4,080 km (includes 253 km of expressways) (2008)
Airports - with unpaved runways:
total: 17 over 3,047 m: 2 2,438 to 3,047 m: 1 1,524 to 2,437 m: 4 914 to 1,523 m: 5 under 914 m: 5 (2007)
Airports:
39 (2007)
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Military
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Military service age and obligation:
18 years of age (est.) for voluntary military service; 18 years of age for officers and women; no conscription (2008)
Manpower available for military service:
males age 16-49: 2,405,884 (includes non-nationals) females age 16-49: 884,853 (2008 est.)
Manpower fit for military service:
males age 16-49: 2,004,558 females age 16-49: 760,637 (2008 est.)
Military branches:
United Arab Emirates Armed Forces: Army, Navy (includes Marines), Air Force and Air Defense, National Coast Guard (2008)
Manpower reaching militarily significant age annually:
male: 25,856 female: 23,085 (2008 est.)
Military expenditures:
3.1% of GDP (2005 est.)
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Transnational Issues
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Disputes - international:
boundary agreement was signed and ratified with Oman in 2003 for entire border, including Oman's Musandam Peninsula and Al Madhah enclaves, but contents of the agreement and detailed maps showing the alignment have not been published; Iran and UAE dispute Tunb Islands and Abu Musa Island, which Iran occupies
Illicit drugs:
the UAE is a drug transshipment point for traffickers given its proximity to Southwest Asian drug-producing countries; the UAE's position as a major financial center makes it vulnerable to money laundering; anti-money-laundering controls improving, but informal banking remains unregulated
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