United Arab Emirates

Coordinates: 24°N 54°E / 24°N 54°E / 24; 54

The United Arab Emirates i/juːˌntd ˌærəb ˈɛmɪrts/ (Arabic: دولة الإمارات العربية المتحدة Dawlat al-Imārāt al-‘Arabīyah al-Muttaḥidah), sometimes simply called the Emirates or the UAE, is a country located in the southeast end of the Arabian Peninsula on the Persian Gulf, bordering Oman to the east and Saudi Arabia to the south, as well as sharing sea borders with Qatar and Iran. In 2013, the UAE's total population was 9.2 million, of which 1.4 million are Emirati citizens and 7.8 million are expatriates.

Established in December 1971, the country is a federation of seven emirates. The constituent emirates are Abu Dhabi (which serves as the capital), Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. Each emirate is governed by an absolute monarch; together, they jointly form the Federal Supreme Council. One of the monarchs is selected as the President of the United Arab Emirates. Islam is the official religion of the UAE, and Arabic is the official language, although English is widely used.

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DP World partners with UAE Trade Connect platform to combat fraud

Gulf News 21 Nov 2023
Created in 2021, UTC is a blockchain-enabled consortium-led trade finance solution co-created by e& enterprise and the UAE banking industry ... With the recent enactment of the Invoice Factoring Law in UAE, the UTC blockchain platform will play a key role in enabling lenders to increase offerings to SMEs....
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