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The Cabinet of the United Arab Emirates, or Council of Ministers (Arabic: مجلس الوزراء), is the chief executive body of the United Arab Emirates (UAE) federal government. The cabinet consists of federal government ministers, and is led by the prime minister of the United Arab Emirates. Although not stated in the Constitution of the ...
The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [ 5 ] The UAE economy is heavily reliant on revenues from petroleum and natural gas, especially in Abu Dhabi. In 2009, more than 85% of the UAE's economy was ...
e. The federal government of the United Arab Emirates (UAE federal government or UAE government) is the national government of the United Arab Emirates, a unitary federation of seven self-governing emirates. The federal government is divided into a legislative, executive, and judicial branch. The executive branch namely, the Cabinet led by the ...
March 1992. Headquarters. Dubai. The Department of Economic Development (DED) of the Emirate of Dubai is a government body entrusted to set and drive Dubai's economic agenda within the broader governance systems of the United Arab Emirates. The DED and its agencies develop economic plans and policies, identify and support strategic sectors, and ...
1982 (age 41–42) Alma mater. University of Sheffield (Bachelor's degree in civil engineering) Abdulla bin Touq Al Marri (Arabic: عبدالله بن طوق المري; born 1982 [1]) is an Emirati politician. He has been the United Arab Emirates's Minister of Economy since July 2020 and is Chairman of the Securities and Commodities Authority. [2]
The United Arab Emirates (UAE) once largely known for its oil exports today has a diverse and highly developed economy. According to the UAE Economic Report 2009 released by the UAE Ministry of Economy in May 2010 the non-oil sector contributed 71.6 per cent to the UAE’s GDP, compared to 66.5 per cent in 2008, underscoring the success of the nation's economic diversification initiatives.
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . Their legal status varies from being a part of government to stock companies with a state as a regular stockholder .