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Economy and Society Uae

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Submitted By laith
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The UAE currently has one of the fastest growing economies in the world
The GDP of the UAE ranks 30th in the world (At $360 billion in 2012)
Tourism is one of the main sources of revenue in the UAE
Although the UAE has become less dependent on natural resources as a source of revenue... petroleum and natural gas exports still play a crucial role in the development of the economy , especially in Abu Dhabi
A massive increase in construction around the country, expansion of manufacturing activity and a thriving services sector are helping the UAE to make it's economy more diverse.. OPEC(Organization of Petroleum Exporting Countries) and WTO (World Trade Organization) are the main trade organizations in the UAE with the largest trade partner being India..
Main import partners are: India,China,USA,Germany,Japan
Main export partners are: India,Iran,Japan,Thailand,Singapore,South Korea
Emiratization : The initiative by the government to employ its citizens in a meaningful and efficient manner in the public and private sectors
The UAE is a very cosmopolitan and multicultural society , as a result there is a growing number of foreign-influenced schools, cultural center and restaurants.
The primary religion of the UAE is Islam and the language being Arabic.The Emirati people are the native people that dominated the land for centuries. Arab descendants of the Bani Yas clans, Al Nahyan and Al Maktoum royal families in Abu Dhabi and Dubai, respectively, represent the leadership of Emiratis. Al Qawasim as well have played a vital role in the history of the United Arab Emirates. Many Emiratis are ethnic Persians who originate from Iran.The majority of local Emiratis in Dubai are ethnic Persians.
Due to growth in trade, many expatriates from Arab countries, the Indian subcontinent, and Europe came to the UAE seeking better lives and higher-income jobs.
The population

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