United Arab Emirates
(UAE)
(Al Imarat al Arabiyah al Muttahidah)
Profile:
The United Arab Emirates (UAE) is made up of 7 states, the most prominent of which are Dubai (which many people incorrectly think is a country in itself), Abu Dhabi and Sharjah and is ruled by Sheikh Mohammed Bin Rashid Al Makhtoum. The country's Free Trade Zones - offering 100% foreign ownership and zero taxes - are helping to attract foreign investment. Higher oil revenue, strong liquidity, extensive residential and commercial construction and cheap credit mean fantastic asset prices (shares and real estate). The UAE strategic plan for the next few years focuses on diversification and creating more opportunities for nationals through improved education and increased private sector employment. There is a huge expatriate population in the UAE and it accounts for well over half the entire population.
General Information:
Capital (Government) |
Abu Dhabi |
Capital (Commercial) |
Dubai |
Population |
4.6 million |
Language (local) |
Arabic |
Language (official) |
Arabic |
Climate |
Dry desert, with great variations in daily temperature
Jan (average) 19°C
July (average) 36°C |
Currency (local) |
Emirati Dirhams (AED) |
Exchange Rate (local to $1) |
3.7 |
Exchange Rate (local to £1) |
7 |
Exchange Rate (local to 1EURO) |
5.6 |
Cost of Petrol/Gas ($/gallon) |
$1.40/gallon |
Typical cost of an evening meal ($) |
$4.00 |
National Holidays |
2nd December (Independence Day)
Religious holidays are variables as they are based on the Islamic Calendar |
Major Established Companies:
Typical fields JobsMiddleEast is recruiting in:
Information Technology
Management
Oil, Gas and Petroleum Industries
Education
Sales and Marketing
Images
Dubai
 |
Desert
 |
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