Monday, 18 November 2013

8. United Arab Emirates (UAE)

Posted at  02:06  |  in  Richest countries

  • GDP: $48,434
  • Capital: Abu Dhabi

If we jump back a few decades, we would see that United Arab Emirates was basically a desert mass with no great development or productivity. And then suddenly, it witnessed a boom after all the oil reserves were found in the country. Like Kuwait, UAE profits greatly from the monarchy that rules over it. With the development of cities like Dubai and Sharjah, the UAE has seen a growth in incoming tourists which has also helped the country greatly.

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About Fazeel Baig

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