Portal:United Arab Emirates

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The United Arab Emirates Portal

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The United Arab Emirates (UAE; Arabic: الإمارات العربية المتحدةal-ʾImārāt al-ʿArabīyah al-Muttaḥidah), sometimes simply called the Emirates ( Arabic: الإماراتal-ʾImārāt), is a country in Western Asia located at the eastern end of the Arabian Peninsula. It borders Oman and Saudi Arabia, and has maritime borders in the Persian Gulf with Qatar and Iran.

The UAE is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (which serves as the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by a Sheikh and, together, they form the Federal Supreme Council; one of them serves as President of the United Arab Emirates. In 2013, the UAE's population was 9.2 million, of which 1.4 million were Emirati citizens and 7.8 million were expatriates; the estimated population in 2020 was 9.89 million.

Islam is the official religion and Arabic is the official language. The UAE's oil and natural gas reserves are the sixth- and seventh-largest in the world, respectively. Zayed bin Sultan Al Nahyan, ruler of Abu Dhabi and the country's first president, oversaw the development of the Emirates by investing oil revenues into healthcare, education, and infrastructure. The UAE's economy is the most diversified of all the members of the Gulf Cooperation Council, while its most populous city, Dubai, is a global city and international hub. The country has become less reliant on oil and gas, and is economically focusing on tourism and business. The UAE government does not levy income tax, although there is a system of corporate tax in place and value-added tax at 5% was established in 2018. ( Full article...)

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The Dubai Ports World controversy began in February 2006 and rose to prominence as a national security debate in the United States. At issue was the sale of port management businesses in six major U.S. seaports to a company based in the United Arab Emirates (UAE), and whether such a sale would compromise port security.

The controversy pertained to management contracts of six major United States ports. The purchaser was DP World (DPW), a state-owned company in the UAE. The contracts had already been foreign-owned, by Peninsular and Oriental Steam Navigation Company (P&O), a British firm taken over by DPW (completed in March 2006). Although the sale was approved by the executive branch of the United States Government, various United States political figures argued that the takeover would compromise U.S. port security. ( Full article...)
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  1. ^ "The Landmark". Emporis.com. Retrieved 2008-05-16.

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