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.

Latest News for: Uae blockchain bank

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Consumer confidence in UAE banks climbs to 90%, here’s why

Gulf Business 18 May 2024
Abdulaziz Al-Ghurair, UBF and Mashreq chairman, said UAE banks are leveraging technologies such as AI, blockchain, and data analytics ... ....
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Demand for digital payments surging in UAE

Khaleejtimes 15 May 2024
Current trends in the UAE’s digital payment sector show a sustained preference for credit cards and digital wallets, especially for online transactions ... The UAE has positioned itself as a regional leader in digital banking by embracing advanced technologies such as blockchain, artificial intelligence (AI), and machine learning....
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