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The Energy Base Of Dubai & Other UAE Emirates.


The UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend.  has one of the most dynamic economies in the Middle East. The leading emirate e·mir·ate  
n.
1. The office of an emir.

2. The nation or territory ruled by an emir.

Noun 1. emirate - the domain controlled by an emir
 of Abu Dhabi is by far the wealthiest of the seven union members in oil and gas. The other emirates, with Dubai in the forefront, are becoming centres for trade and tourism. Dubai as a regional hub rivals Singapore and Hong Kong. With its petroleum resources depleting, Dubai is building its other sectors to a level where their contribution to its GDP GDP (guanosine diphosphate): see guanine.  would be 100% by 2015. By then Dubai will have become almost totally dependent on oil and gas imports.

The other UAE emirates - Sharjah, Fujairah, Ras Al Khaimah, Ajman and Umm Al Quwain - are diversifying their economic base. Sharjah is shortly to have a huge "world trade centre". Fujairah aims to become the world's top bunkering bun·ker·ing  
n.
The act or process of supplying a ship with fuel.
 market.

The emirates, particularly Dubai, have a flair for business rare in the Middle East, in keeping with their trading traditions. Dubai has benefited from sanctions imposed on Iran and Iraq. It is a primary centre for re-exports to these countries. The level of activity at the ports of Dubai, Sharjah and Fujairah have been rising steadily every year. Dubai today is one of the world's main shopping and re-export centres. It is an important destination for tourism, attracting people to its highly successful annual shopping festivals and various other events, including horse and car racing, golf tournaments, air shows, conferences, exhibitions, etc.

Dubai this year will have the world's first Internet City, a free zone for e-business to be completed in October. The Dubai government is to licence private internet service providers Internet service provider (ISP)

Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password.
 (ISPs) which would boost competition and end the monopoly of the federal Emirates Telecommunications Corp. By October 2001, Dubai will have the world's first e-government, with the IT business in the emirate already having a turnover of more than $600m/year.

The smaller UAE emirates are cushioned by the oil wealth of Abu Dhabi, which assures them support through the federal budget as well as ad hoc For this purpose. Meaning "to this" in Latin, it refers to dealing with special situations as they occur rather than functions that are repeated on a regular basis. See ad hoc query and ad hoc mode.  financing if the necessity arises. Such support keeps the UAE a cohesive unit in line with the vision of Abu Dhabi ruler and UAE President Shaikh Zayed Bin Sultan Al Nahyan. Abu Dhabi alone has about 10% of the world's oil wealth, and this has helped the UAE as a whole to have a per capita income Noun 1. per capita income - the total national income divided by the number of people in the nation
income - the financial gain (earned or unearned) accruing over a given period of time
 exceeding $17,000, among the highest in the world.
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Publication:APS Review Downstream Trends
Date:May 15, 2000
Words:400
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