Gas Exporting Countries Forum Logo
  • Facebook
  • Twitter
  • LinkedIn
  • YouTube
  • RSS Feeds
  • Search
    Search

UAEUAE Observer

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’s crude oil transportation.

The topography of the land is 80 percent dessert, however it has a varying landscape of towering red sand dunes, rich with palm trees, in the Liwa region in the west, the palm filled oases of Al Ain in the east, and the spectacular Hajar Mountains with their 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 Mohammed 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 (sq.km) 83,600
Population (inhabitants) 9,630,959
Capital Abu Dhabi
Continent Middle East
Language(s) Arabic (official), English
National currency United Arab Emirates Dirham
Time Zone GMT+4
Labor force (inhabitants) 6,885,110
GDP (current billion US$) 414.18
GDP per capita (current US$) 43,004.95
GDP growth (percentage) 1.42
Exports of Goods and Services (current billion US$) 388.75
Proven natural gas reserves (billion c.m.) 6,091
Natural gas marketed production (billion c.m.) 47.96
LNG exports (billion c.m.) 7.08
Domestic natural gas consumption (billion c.m.) 71.24

Location

  • Share
  • Share Facebook
  • Share Twitter
  • Share LinkedIn
  • Share Email