UAE - United Arab Emirates

UAE - United Arab Emirates

The UAE enjoys a strategic location at the southern approaches to the Strait of Hormuz, situated on the northeastern edge of the Arabian Peninsula.

It shares land borders with Saudi Arabia to the west and south, and with the Sultanate of Oman to the southeast. It also shares maritime boundaries with Qatar, Oman, and Iran.

The UAE was established in 1971 as a constitutional federation of seven emirates with a single national president.

While hydrocarbons formed the backbone of the UAE’s early economic development, the country is now relatively well-insulated from oil price volatility due to robust diversification, strong foreign reserves, and strategic overseas investments.

In addition to petroleum, the UAE has a thriving construction, manufacturing, logistics, tourism, financial services, and renewable energy sector. Its infrastructure is among the most advanced globally, with extensive highway networks, smart communications, and world-class airports and ports.

The UAE is also emerging as a global leader in clean energy and carbon management, with flagship initiatives such as Masdar, the Ghasha sour gas development, and a national hydrogen strategy driving its transition toward a sustainable future.


Major Indicators

Data Source: GECF Annual Statistical Bulletin 2024

Population (inhabitants) 10.88 Million
Capital Abu Dhabi
Continent Middle East
Language(s) Arabic (official), English
National currency United Arab Emirates Dirham
Time Zone GMT+4
GDP (current billion US$) 537.08
Proven natural gas reserves (bcm) 8,210
Natural gas marketed production (bcm) 61
Domestic natural gas consumption (bcm) 75
Natural gas exports (bcm) 8
LNG exports (bcm) 8
79342965-57479954
HE Suhail Mohamed Al Mazrouei
Minister of Energy and Infrastructure
79342965-57479954
HE Ahmed Mohamed Alkaabi
EB member
79342965-57479954
TBA
TEC member
79342965-57479954
Eng. Amal Jasim Mohammed Al Ali
SEDAS

Links

Ministry of Energy and Infrastructure