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UAE

UAE ยท ARE ยท Middle East

25

Risk Score

Guardedโ†’ Stable

Risk Factors

No recent events in pipeline

Overview

The United Arab Emirates is a federation of seven emirates located on the Arabian Peninsula, known for its vast oil and natural gas reserves. The UAE has successfully diversified its economy into trade, tourism, finance, and technology, becoming a major global hub.

Leadership

Sheikh Mohamed bin Zayed Al Nahyan

President (also Ruler of Abu Dhabi)

GOVERNMENT: Federal monarchy

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Maktoum bin Mohammed Al Maktoum

Sheikh Abdullah bin Zayed Al Nahyan

Economy

GDP

$550.0B

GDP per Capita

$55.0K

GDP Growth

+4.5%

Inflation

2.5%

Unemployment

3.0%

Oil and gasTradeTourismFinancial servicesLogisticsReal estateManufacturing

Trade

Key Exports

Crude oilNatural gasRefined petroleumRe-exports (gold, diamonds, electronics)

Key Imports

MachineryTransport equipmentChemicalsFoodManufactured goods

Top Partners

IndiaSaudi ArabiaJapanChinaUSASwitzerland