Example of economy in uae

Social Studies

1 answer:

Mekhanik [1.2K]3 years ago

5 0

Answer:

The economy of the United Arab Emirates (or UAE) is the second largest in the Middle East (after Saudi Arabia), with a gross domestic product (GDP) of US$354 billion (AED 1.3 trillion) in 2020. The UAE has been successfully diversifying its economy, particularly in Dubai, but still remains heavily reliant on revenues from petroleum and natural gas, which continue to play a central role in its economy, especially in Abu Dhabi.

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