Curriculum The Economy of the UAE
The Economy of the UAE
The UAE's economy: an overview, oil and Abu Dhabi's funds, Dubai's trade model, Emirates and aviation, tourism and real estate, the 2009 debt crisis, taxes and the dirham peg, expatriates and labour, ties with India, finance and free zones, the energy transition, and a recap.
- The UAE at a Glance The United Arab Emirates is a federation of seven emirates that turned oil wealth into a global hub for trade, finance, aviation and tourism. 📄 Read-aloud
- Oil, Abu Dhabi and Sovereign Wealth Abu Dhabi holds the bulk of the country's oil and invests the proceeds through large sovereign funds like ADIA and Mubadala. 📄 Read-aloud
- Dubai: A Trade and Services Model With little oil, Dubai built its economy on ports, airlines, free zones, tourism and real estate. 📄 Read-aloud
- Emirates, Etihad and the Aviation Hub Emirates and Etihad built global airlines that use Dubai and Abu Dhabi as connecting hubs. 📄 Read-aloud
- Tourism, Events and Real Estate Dubai attracts tens of millions of visitors, hosts big events and has built landmarks such as Burj Khalifa and Palm Jumeirah. 📄 Read-aloud
- Dubai's 2009 Debt Crisis When the global financial crisis hit, Dubai World needed to restructure debt, and Abu Dhabi provided a rescue. 📄 Read-aloud
- The Economy of the UAE: Checkpoint 1 Quick checkpoint - five questions on the economy of the uae. 5 questions
- Taxes, the Dirham and Business Rules The UAE long had no income tax, introduced VAT in 2018 and corporate tax in 2023, and pegs the dirham to the US dollar. 📄 Read-aloud
- Expatriates, Labour and the Kafala Debate Foreign workers drive the economy, from executives to construction labourers, and their rights and conditions remain a global concern. 📄 Read-aloud
- India and the UAE: A Close Partnership The UAE is one of India's largest trade partners, with a trade agreement signed in 2022 and a large Indian community living and working there. 📄 Read-aloud
- Finance, Free Zones and Fintech Free-zone financial centres such as DIFC and ADGM attract banks and funds by offering English-law systems and modern regulation. 📄 Read-aloud
- The Future: Energy Transition and Diversification The UAE invests in renewables, nuclear power, AI and space while hosting climate talks, aiming to stay relevant as oil demand changes. 📄 Read-aloud
- The UAE's Economy: Recap A recap of how a Gulf federation built a global hub. 📄 Read-aloud