United Arab Emirates 2018
The United Arab Emirates (UAE) is located in the Middle Eastern region with an estimated population of 9.6 million people. The economy is largely based on oil, with other sectors such as finance and tourism also contributing significantly. In terms of foreign relations, the UAE is a member of the United Nations and other international organizations such as the Arab League and Organization of Islamic Cooperation (OIC). According to extrareference, the UAE is a federal presidential monarchy with an elected president who serves as head of state while the prime minister serves as head of government. In 2018, Sheikh Khalifa bin Zayed Al Nahyan was re-elected to serve another term in office as President of the United Arab Emirates.
Yearbook 2018
United Arab Emirates. According to Countryaah.com, Abu Dhabi is the capital city of United Arab Emirates, a country located in Western Asia. The United Arab Emirates and Saudi Arabia introduced VAT at the beginning of the year. The reason was lower revenues due to falling world market prices for oil. Both countries are now the first Gulf states to introduce this type of tax.
The Swedish Parliament decided in February to make it more difficult to export military equipment to, for example, the United Arab Emirates. According to a new Swedish law, the recipient country’s democratic status is a “central criterion” for an export permit.
According to an audit conducted by Sweden’s Radio program “Caliber”, it was revealed in March that the Swedish Civil Aviation Administration, through a subsidiary since 2013, has collaborated with a company in the United Arab Emirates that has links to the country’s arms and defense industry. It turns out that the CAA’s subsidiary has, among other things, worked with air traffic control of military aircraft involved in the Yemen conflict. The United Arab Emirates is part of the Saudi-led coalition against the Huthirbels in Yemen. The CAA’s subsidiary claims that this connection is unknown. The collaboration should have been worth SEK 1 billion.
- According to Abbreviationfinder: UAE is an three letter acronym for United Arab Emirates.
A British student, 31-year-old Matthew Hedge, was sentenced in November to life in prison for spying in the country. Hedge was arrested at Dubai airport on his way home in May after researching the United Arab Emirates security policy after the Arab Spring of 2011. However, he was pardoned shortly after the verdict.
In February, the world’s longest so-called zipline was opened at the United Arab Emirates highest mountain in Ras al-Khayma. It is a 2.8 kilometer long cable car where the chopped passenger hanging in harness can reach a speed of up to 150 kilometers per hour.
Expo 2020 in Dubai
On November 27, 2013, Dubai was chosen by the Bureau International des Expositions (Bie) as the site of the 67th universal exhibition. After three tight votes, Dubai prevailed over the candidates from Russia, Turkey and Brazil, who had presented Ekaterinburg, Izmir and Sao Paulo respectively. This is an important symbolic and political victory for the emirate of Dubai which in 2009 was on the verge of financial collapse and which today hopes through this great event to have an important return in economic and image terms.
The Expo will take place in an area of 438 hectares in Jebel Ali, between the airports of Dubai and Abu Dhabi. The federal authorities – which expect an economic return of 23 billion dollars from the event – have planned a total public investment of 8.4 billion, while another 15-17 billion dollars will come from domestic and foreign private investors. Government estimates also predict the arrival in the country of about twenty-five million visitors (70% of which from Europe, America and Asia) and the creation of 277,000 new jobs.
