UAE Sources :------
The United Arab Emirates is a Middle Eastern
country situated in the southeast of the Arabian
Peninsula in Southwest Asia on the Persian
Gulf, comprising seven emirates: Abu Dhabi,
Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah,
and Umm al-Quwain. Before 1971, they 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 has also been used in
reference to the area's emirates in the 18th
to early 20th century. It borders Oman and
Saudi Arabia. The country is rich in oil and,
although it lacks other natural resources,
it expects recent additional economic diversification
to draw more financial and banking firms.
The United Arab Emirates, a desert-and-coastal
nation, has become a highly prosperous country
after gaining foreign direct investment funding
in the 1970s. The country has a relatively
high Human Development Index, or HDI, for
the Asian continent.
The United Arab Emirates has a highly industrialized
economy that makes the country one the most
developed in the world, based on various socioeconomic
indicators such as GDP per capita, energy
consumption per capita, and the HDI.


