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UAEUAE Member

The United Arab Emirates is situated on the north-eastern margin of the Arabian Peninsula. It is bounded to the west and south by the border with Saudi Arabia, to the east by the Gulf of Oman to the southeast by the border with the Sultanate of Oman, as well as sharing maritime boundaries with Qatar, Oman and Iran. It lies between latitudes 22-25.5 North and longitudes 51-56.5 East. It is in a strategic location along the southern approaches to the Strait of Hormuz, a vital transit point for world crude oil.

The topography of the land is 80% dessert but it has a varying landscape of towering red sand dunes rich with palm trees in the Liwa in the west, the palm filled oases of Al Ain in the east and the spectacular Hajar Mountains with its superb view and geologic wonders in the east. The climate is arid; hot in the summer and mild in the winter with some rain in particular in the early months of the year.

The UAE is a constitutional federation of seven emirates with a single national president. The constituent Emirates are Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. The capital is Abu Dhabi.

The United Arab Emirates President is His Highness Sheikh Khalifa Bin Zayed Al-Nahyan who is also the Ruler of Abu Dhabi Emirate. The Vice President and Prime Minister is His Highness Sheikh Mahamed Bin Rashid Al Maktoum who is also the Ruler of Dubai.

The UAE has one of the highest per capita incomes in the world. Although it was heavily dependent on revenues from hydrocarbons in the initial years, the UAE is relatively well insulated from periods of low oil prices due to successful economic diversification, large foreign exchange reserves and overseas investments. Besides the petroleum sector, construction, manufacturing, import-export, tourism and financial service sectors are fairly well developed. In addition the UAE has one of the best infrastructures in the world with superb multi-lane highways, state of the art communications and a well-connected network of world class airports and ports.

Photo: Abu Dhabi

Major Indicators

Land (1000 sq. km) 83.6
President HH Sheikh Khalifa Bin Zayed Bin Sultan Al Nahyan
Population (million inhabitants) 8.19
Capital Abu Dhabi
Language(s) Official language is Arabic.
National currency UAE Dirham
Energy sources Petroleum, natural gas, renewables and nuclear will be operational by 2017.
GDP per capita (current US$) 41382,26
GDP (current billion US$) 338,736
GDP growth %  4.2
Value of exports (billion $) 252,56
Value of oil exports (billion $) 104.54
Value of gas exports (billion $) na
Current account balance (BoP, billion $) 33.31
Proven crude oil reserves (billion barrels) 97.8
Crude oil production, NGPL and other 2610
liquids (1,000 b/d)
Refinery capacity (1,000 b/d) 690
Production of refined petroleum products (1,000 b/d) 29,198
Consumption of petroleum products (1,000 b/d) 14,060
Crude oil exports (1,000 b/d) 2457
Exports of refined petroleum products (1,000 b/d) 25082
Proven natural gas reserves (trillion cu. m.) 6.1
Natural gas exports (billion cu. m.) 5.18
Domestic Dry Natural gas consumption (billion cu. m.) 61
Marketed production of natural gas (billion cu. m.) 52.7

Location

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