Legislative branch:
unicameral Federal National Council (Majlis Watani Itihad)
Judicial branch:
Union Supreme Court
Leaders:
Chief of State:
President Shaykh Zayid bin Sultan Al NUHAYYAN, (since 2 December 1971),
ruler of Abu Dhabi; Vice President Shaykh Maktum bin Rashid al-MAKTUM (since
8 October 1990), ruler of Dubayy
Head of Government:
Prime Minister Shaykh Maktum bin Rashid al-MAKTUM (since 8 October 1990),
ruler of Dubayy; Deputy Prime Minister Sultan bin Zayid Al NUHAYYAN (since
20 November 1990)
Political parties and leaders:
none
Suffrage:
none
Elections:
none
Other political or pressure groups:
a few small clandestine groups may be active
Member of:
ABEDA, AFESD, AL, AMF, CAEU, CCC, ESCWA, FAO, G-77, GCC, IAEA, IBRD, ICAO,
IDA, IDB, IFAD, IFC, ILO, IMF, IMO, INMARSAT, INTELSAT, INTERPOL, IOC, ISO
(correspondent), ITU, LORCS, NAM, OAPEC, OIC, OPEC, UN, UNCTAD, UNESCO,
UNIDO, UPU, WHO, WIPO, WMO, WTO
Diplomatic representation:
Ambassador Muhammad bin Husayn Al SHAALI; Chancery at Suite 740, 600 New
Hampshire Avenue NW, Washington, DC 20037; telephone (202) 338-6500
US:
Ambassador Edward S. WALKER, Jr.; Embassy at Al-Sudan Street, Abu Dhabi
(mailing address is P. O. Box 4009, Abu Dhabi); telephone [971] (2) 336691,
afterhours 338730; FAX [971] (2) 318441; there is a US Consulate General in
Dubayy (Dubai)
Flag:
three equal horizontal bands of green (top), white, and black with a thicker
vertical red band on the hoist side
:United Arab Emirates Economy
Overview:
The UAE has an open economy with one of the world's highest incomes per
capita outside the OECD nations. This wealth is based on oil and gas, and
the fortunes of the economy fluctuate with the prices of those commodities.
Since 1973, when petroleum prices shot up, the UAE has undergone a profound
transformation from an impoverished region of small desert principalities to
a modern state with a high standard of living. At present levels of
production, crude oil reserves should last for over 100 years.
GDP:
exchange rate conversion - $33.7 billion, per capita $14,100 (1990); real
growth rate 11% (1989)
Inflation rate (consumer prices):
5.5% (1990 est.)
Unemployment rate:
NEGL (1988)
Budget:
revenues $3.8 billion; expenditures $3.7 billion, including capital
expenditures of $NA (1989 es
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