IAS Gyan

Daily News Analysis

UAE

29th June, 2022 EXTRA TOPIC OF THE DAY

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In News

  • The Prime Minister of India visited Abu Dhabi to meet the President of the UAE and Ruler of Abu Dhabi.
  • Prime Minister congratulated the new President of the UAE.
  • Both leaders reviewed the India-UAE Comprehensive Strategic Partnership (CEPA).
  • Both leaders discussed the roadmap to enhance bilateral cooperation in diverse areas including trade, investment, energy, renewable energy, food security, health, defense, skills, education, culture and people-to-people ties.

United Arab Emirates (UAE)

  • The United Arab Emirates (UAE) is located in Western Asia.
  • UAE is located at the eastern end of the Arabian Peninsula.
  • It shares borders with;
    • Saudi Arabia in the West, South, and South-east.
    • Oman in the South-east and North-east.
    • Qatar in the North-west.
    • Maritime borders in the Persian Gulf with Qatar and Iran.
  • Abu Dhabi is the capital of the UAE, and Dubai is the most populous city.
  • Islam is the official religion and Arabic is the official language of the UAE.
  • Its oil and natural gas reserves are the world's 6th and 7th largest, respectively.
  • It has the most diversified economy among the members of the Gulf Cooperation Council.
  • It has become less dependent on oil and gas and focusing more on tourism and business.
  • The UAE government does not levy income tax, but there is a corporate tax.

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