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About UAE
By Admin
 
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The United Arab Emirates (UAE) is a Middle Eastern federation of seven states situated in the southeast of the Arabian Peninsula in Southwest Asia on the Persian Gulf, bordering Oman and Saudi Arabia. The seven states, termed emirates, are Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain.

 The UAE, rich in oil and natural gas, has become highly prosperous after gaining foreign direct investment funding in the 1970s. The country has a relatively high Human Development Index for the Asian continent and ranked 39th globally.

 Before 1971, the UAE were known as the Trucial States or Trucial Oman, in reference to a nineteenth-century truce between Britain and several Arab Sheikhs. The name Pirate Coast was also used in reference to the area's emirates in the 18th to early 20th century.

 The Presidency and Premiership of the United Arab Emirates is de facto hereditary to the Al Nahyan clan of Abu Dhabi and the Al Maktoum clan of Dubai. The Supreme Council, consisting of the rulers of the seven emirates, also elects the Council of Ministers, while an appointed forty-member Federal National Council, drawn from all the emirates, reviews proposed laws. There is a federal court system; all emirates except Ras al-Khaimah have joined the federal system; all emirates have both secular and Islamic law for civil, criminal, and high courts. Sheikh Zayed bin Sultan Al Nahyan was the union's president from the nation's founding until his death on 2 November 2004. The Federal Supreme Council elected his son, Khalifa bin Zayed Al Nahyan, president the next day. Crown Prince Mohammed bin Zayed Al Nahyan is the heir apparent.

 Although the United Arab Emirates is becoming less dependent on natural resources as a source of revenue, petroleum and natural gas exports still play an important role in the economy, especially in Abu Dhabi. A massive construction boom, an expanding manufacturing base, and a thriving services sector are helping the UAE diversify its economy. Nationwide, there is currently $350 billion worth of active construction projects.Such projects include the Burj Dubai, which is slated to become the world's tallest building, Dubai World Central International Airport which, when completed, will be the most expensive airport ever built, and the three Palm Islands, the largest artificial islands in the world. Other projects include the Dubai Mall which will become the world's largest shopping mall when completed, and a man-made archipelago called The World which seeks to increase Dubai's rapidly growing tourism industry. Also in the entertainment sector is the construction of Dubailand, which is expected to be twice the size of Disney World, and of Dubai Sports City which will not only provide homes for local sports teams but may be part of future Olympic bids.

 
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