Thursday, March 17, 2011

About United Arab Emirates







The United Arab Emirates (UAE) is a federation of seven emirates that was formed in December 2, 1971.
Country NameConventional Long Form: United Arab Emirates
Local Long Form (Arabic): Dawlat Al Imarat Al Arabiyya Al Muttahidah
Local Short Form (Arabic): Al Imarat
Abbreviation: UAE
Arabic Words: 
دولة الإمارات العربية المتحدة
EmiratesAbu Dhabi, Dubai, Sharjah, Ajman, Umm al-Qaiwain, Ras al-Khaimah and Fujairah
CapitalAbu Dhabi
National DayIndependence Day (from UK), 2 December (1971)
PresidentHH Sheikh Khalifa bin Zayed Al Nahyan (3 November 2004)
Vice-President & Prime MinisterHH Sheikh Mohammed bin Rashid Al Maktoum (5 January 2006)
Political SystemA federation with specific areas of authority constitutionally assigned to the UAE Federal Government and other powers reserved for member emirates
ConstitutionAdopted provisionally on 2 December 1971, made permanent in 1996
Area83,600 square kilometers
TimeUAE Standard Time is 4 hours ahead of Greenwich Mean Time (GMT+4)
Daylight Saving TimeUAE Time does not operate Daylight-Saving Time
International Dialing Code+971
CurrencyEmirati Dirham (Dh or AED), divided into 100 Fils
Exchange RateUS$ 1 = AED 3.6725
The UAE Dirham has been officially pegged to the US dollar since February 2002
LanguageThe official language is Arabic. English is widely understood and ranks alongside Arabic as the language of commerce
ReligionIslam. Practice of all religious beliefs is allowed
Population4.106 million (December, 2005)
GDPAED 485.5 billion (2005, Current Prices)
Real GDP Growth8.2% (2005)
Non-Oil Sector Contribution to Nominal GDP64% (2005)
Foreign Direct InvestmentUS$10 billion (2005)
IndustriesOil & Gas, Aluminum, Cement, Fertilizers, Commercial Ship Repair, Petrochemicals,
Construction Materials, Pharmaceuticals, Tourism
Oil Production2.8 million barrels per day
Oil Proven Reserves98.1 billion barrels
Natural Gas Production65 billion cubic meters
Natural Gas Proven Reserves6 trillion cubic meters
Fiscal Year1 January to 31 December
WeekendFriday and Saturday for government institutions. Many private companies operate a six-day week (with Friday as an off day)
ExportsAED 424 billion (2005)
Free-Zone ExportsAED 63.9 billion (2005)
Re-ExportsAED 139.5 billion (2005)
ImportsAED 261.2 billion (2005)
Cultivated Areas260,000 hectares, 3.1% of total territory
Number of Date PalmsOver 40 million
Agriculture & Fisheries ProductsDates, Green Fodder, Vegetables and Fruit; Livestock, Poultry, Eggs, Dairy Products; Fish
Estimated Fisheries Catch97,574 tons
FlagThree equal horizontal bands of green (top), white, and black with a wider vertical red band on the hoist side

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