Economy of the UAE

The UAE used its oil revenues (discovered in the early 1960s) and a growing network of commercial and financial ties to attract global investment, skilled expatriate professionals, and migrant workers to achieve phenomenal economic development in a record short time.
The post Economy of the UAE appeared first on Fanack.com.

Read on source website...

Author: Fanack.com

Fanack is an independent online media organization committed to publishing and disseminating balanced and informed analysis about the Middle East and North Africa. Since its establishment in the Netherlands in 2010, Fanack has developed a website presenting extensive information in Arabic and English about history, politics, economics, social issues and, more recently the state of water and energy resources across 20 countries in the Middle East and North Africa (MENA).