Country (Middle East)
Each emirate is governed and together, they form the Federal Supreme Council; one of them serves as President of the United Arab Emirates. In 2013, the country had a population of 9.2 million, of which 1.4 million were citizens and 7.8 million were expatriates. As of 2020, the United Arab Emirates has an estimated population of roughly 9.9 million. IslamIslam is the official religion and Arabic is the official language. The United Arab Emirates oiloil and natural gas reserves are the world's sixth and seventh-largest, respectively. The United Arab Emirates has the most diversified economy among the members of the Gulf Cooperation CouncilGulf Cooperation Council. In the 21st century, the country has become less reliant on oil and gas, and is economically focusing on tourism and business. The government does not levy income tax, although there is a corporate tax in place and a 5% value-added tax was established in 2018.
Each emirate is governed and together, they form the Federal Supreme Council; one of them serves as President of the United Arab Emirates. In 2013, the country had a population of 9.2 million, of which 1.4 million were citizens and 7.8 million were expatriates. As of 2020, the United Arab Emirates has an estimated population of roughly 9.9 million. Islam is the official religion and Arabic is the official language. The United Arab Emirates oil and natural gas reserves are the world's sixth and seventh-largest, respectively. The United Arab Emirates has the most diversified economy among the members of the Gulf Cooperation Council. In the 21st century, the country has become less reliant on oil and gas, and is economically focusing on tourism and business. The government does not levy income tax, although there is a corporate tax in place and a 5% value-added tax was established in 2018.
The United Arab Emirates is an elective monarchy formed from a federation of seven emirates: Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al-Quwain, Fujairah and FujairahRas Al Khaimah.