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United Arab Emirates Introduction 2011
https://theodora.com/wfb2011/united_arab_emirates/united_arab_emirates_introduction.html
SOURCE: 2011 CIA WORLD FACTBOOK AND OTHER SOURCES


















United Arab Emirates Introduction 2011
SOURCE: 2011 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on January 13, 2011

Background:
The Trucial States of the Persian Gulf coast granted the UK control of their defense and foreign affairs in 19th century treaties. In 1971, six of these states - Abu Zaby, 'Ajman, Al Fujayrah, Ash Shariqah, Dubayy, and Umm al Qaywayn - merged to form the United Arab Emirates (UAE). They were joined in 11000 by Ra's al Khaymah. The UAE's per capita GDP is on par with those of leading West European nations. Its generosity with oil revenues and its moderate foreign policy stance have allowed the UAE to play a vital role in the affairs of the region. For more than three decades, oil and global finance drove the UAE's economy, however, in 2008-09, the confluence of falling oil prices, collapsing real estate prices, and the international banking crisis hit the UAE especially hard.


NOTE: The information regarding United Arab Emirates on this page is re-published from the 2011 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of United Arab Emirates Introduction 2011 information contained here. All suggestions for corrections of any errors about United Arab Emirates Introduction 2011 should be addressed to the CIA.






This page was last modified 09-Feb-11
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