1. Economic Diversification in the Non-Oil Sector
... principal type of petroleum producer and is considered as the financier of this alliance. Dubai, is the second major emirate, which derives wealth from tourism, construction, the telecommunications, media, the real estate, and financial services and altogether, these two emirates provide around more than 75 to 80 % of the whole economy of the UAE. The key of the economics is the ... non-oil sector growth coupled with moderation of oil sector growth. Leading financial and economic indicators actually all points to continued strong non-hydrocarbon growth driven by tourism, transportation,...
- Word Count: 1135
- Approx Pages: 5
- Grade Level: Undergraduate