The future of oil industry(UAE).
Introduction.
General information about UAE contery:
General InformationTotal Land Area: | 83,600 km2 |
Land boundaries: | 867 km |
Coastline: | 1,318 km |
Capital: | Abu Dhabi |
Other Large Cities: | Dubai, Sharjah, Al-Ayn |
Official Language: | Arabic |
National Currency Unit: | Emirate Dirham (AED) |
National Day: | December 2 |
The United Arab Emirates (UAE) is a federation of seven independent states lying
along the West central coast of the Arabian Gulf. It is bordered by the Arabian
Gulf in the North, Oman in the East, and Saudi-Arabia in the West. Apart from a
mountain range in the North and the scattered oases, much of the country’s
territory is made up of a sandy desert and salt marshes. The terrain is flat and
barren. The coastal plain that merges into rolling sand dunes of vast desert
wasteland lies to the East. Only two percent of the land is arable. The climate
is desert where the Eastern mountains are somewhat cooler. It is hot and humid
along the coast and drier in the inland. Rainfall is low, however coastal
humidity is high. Due to the climate, vegetation is scarce only with low shrubs
that offer forage to nomadic herds.
Population: | 3.48 million (2001) |
Crude Birth Rate: | 17 per thousand people (2001) |
Crude Death Rate: | 4 per thousand people (2001) |
Infant Mortality Rate: | 8 per thousand (2001) |
Life Expectancy: | Male: 74 years, Female: 77 years (2001) |
Urban Population: | 87.0 percent (2001) |
Adult Literacy: | 78.00 percent (2001) |
The UAE has an open economy with one of the world’s highest per capita income and a sizeable trade surplus. The economic activity is dominated by oil extraction and the manufacturing industry is concentrated in hydrocarbon-related activities. The main natural resources are pearls, fish and petroleum. The country re-exports textiles, consumer electronics, cameras, watches, gold, motors, scooters and perfumes. In recent years, UAE has expanded its agricultural production through subsidies. The government is encouraging livestock and poultry production and commercial fishing. Dates are the major crop.
GDP at Current Market Prices: | 67352 million US$ (2001) |
Per Capita GDP: | 19354 US$ (2001) |
Share of Sectors in GDP: | 4.0% Agriculture, 56.0% Industry, 40.0% Services, (2001) |
Total Exports: | 46638 million US$ (2001) |
Total Imports: | 36247 million US$ (2001) |
Major Exports Items: | Crude oil, natural gas, dried fish and dates |
Major Imports Items: | Manufactured goods, chemicals, machinery and transportation equipment |
Major Trading Partners: | US, Japan, UK, Germany, South Korea, India and Oman |
Oil industry in the UAE,.....Now
UAE is an oil country and it one of the huge producer in the world. For that , our country took a good place in OPIC. If you wants more information about that you canclick here
to see my evaluation about some good websites (pdf) click here
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