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The United Arab Emirates is a high-income developing market economy. 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 ...
EDGE Group (Arabic: مجموعة إيدج) is an Emirati advanced technology and defence conglomerate comprising 25 companies involved in military and civilian products, and technologies. [ 5 ][ 6 ][ 7 ] Edge is reported to be among the top 3 manufacturers and suppliers of precision guided munitions. [ 8 ]
Masdar City (Arabic: مدينة مصدر, romanized: Madīnat Maṣdar, lit. 'Source City') [1] is an urban community in Abu Dhabi, the capital of the United Arab Emirates. It was built by Masdar, a subsidiary of the state-owned Mubadala Investment Company, with the majority of seed capital provided by the Government of Abu Dhabi. [2][3]
The United Arab Emirates Navy (UAEN) is the naval branch of the United Arab Emirates Armed Forces. It is small force of about 3,000 personnel. [1] It maintains 12 well-equipped coastal patrol boats and eight missile boats. Although primarily concerned with coastal defense, the Navy is constructing a six-unit class of blue water corvettes in ...
In April, Microsoft announced a $1.5 billion investment in G42, an AI group based in Abu Dhabi, capital of the United Arab Emirates (UAE), and chaired by an influential member of the ruling royal ...
The United Arab Emirates[ c ] (UAE), or simply the Emirates, [ d ] is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a federal, elective monarchy composed of seven emirates, with Abu Dhabi as its capital. [ 14 ] It shares land borders with Oman to the east and northwest, and with Saudi Arabia to ...
Forming the western part of the United Arab Emirates, it is by far the largest region by area, occupying 71 % of the Abu Dhabi emirate's total area, yet the smallest by population and population density, and thus a rather remote region of the Emirate of Abu Dhabi, similar to the Eastern Region. [3]
AD Ports Group has five integrated business clusters Digital, Economic Cities & Free Zones, Logistics, Maritime and Ports. [10] Under the supervision of Abu Dhabi's Department of Economic Development, Maqta Gateway have developed and operates the Advanced Trade and Logistics Platform (ATLP) designed to unify trade and logistics services across Abu Dhabi, [11] including sea, land, air, and ...
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