Overview of the United Arab Emirates (UAE)
Overview of the United Arab Emirates (UAE)
At the beginning of the 20th century, the primary source of economic activity was the trade in pearls. However, World War I, the Great Depression, and the Japanese invention in the development of the cultured pearl resulted in an important decline in the industry of pearls. The high taxation of pearls that were imported from the Gulf after World War II by India led to its decline irreparably. The result was that many went to fishing. However, with no education and no roads or hospitals, the future seemed dim. By the 1930s the first oil firm arrived in the region and began conducting surveys in Abu Dhabi. The year 1962 saw Abu Dhabi exported its first cargo of crude oil that would play a vital part in the development of the UAE. From the 1820s onward, the English were present in this region. In 1853, Britain was able to intervene in the region due to threats from pirates and signed a cease-fire to ensure protection and oversight of the foreign policy. It was explicitly understood that Britain was not going to colonize the area. This was a deal together with a group of people known as the Trucial States that was an assortment of sheikdoms within the Persian Gulf. The Trucial States are also referred to as the Trucial Colony formed a part of the present-day Bahrain, Qatar, UAE and Oman. After an era of Arab nationalism and anti-British agitation beginning in the 1940s and 1950s The British finally renounced their control of the region in the year 1971. Visit:- https://darioitem.press/ The 2nd December of 1971, the UAE was formed by the union of seven Trucial States under a united constitution: Abu Dhabi, Dubai, Sharjah, Ajman, Umm al Qaiwain, Ras al-Khaimah and Fujairah. Abu Dhabi is the largest of the former territories and serves as the capital city of the federal state. Dubai is second largest of the emirates and serves as the largest port, commercial center, as well as the airport's hub. Five other Emirates are smaller areas that realize economic and political benefits from alliances with the larger nearby neighbors Abu Dhabi and Dubai. The entire seven states are run by Sunnis. The UAE is thought by certain people to be an autocracy. It is a form of government in which one person possesses unlimited power. It has also seen lower political reform in the country than in the other Gulf States, even Saudi Arabia. International non-governmental organizations (NGOs) have identified the UAE as having among the least free political systems in the world. Particularly, these studies have pointed out the'sheikh's dilemma that exists in the UAE, in which the pursuit of political reform, but not economic, is pursued. To ensure peace, a 'ruling bargain' is implemented where the UAE government allocates oil wealth in a fair manner, while using a variety ideological, religious as well as cultural assets. Others say that the UAE has a monarchical president with ruling families that operate on the neo-patrimonial line. After the British withdrawal following the withdrawal of Britain, following the withdrawal of Britain, Sheikh Zayed bin Sultan Al Nahyan was elected President for the very first time. Sheikh Zayed was the former Emir (or the ruler) of Abu Dhabi, ruled as UAE's president for over thirty years, until his death on November 2 the 2nd of November, 2004. Because of the oil industry Sheikh Zayed was one of the most wealthy individuals around the globe, with an estimate of net worth of excess of $44 billion (USD). After his death, the eldest child of Sheikh Zayed Sheikh Khalifa Bin Zayed Al Nahyan was elected as the President of the UAE. Heikh Khalifa is the world's third-richest member of the royal family with an estimate of $19 billion in net wealth (USD). The president of the UAE is decided through an unofficial vote of the Federal Supreme Court (FSC), a governmental entity in the UAE instead of an election or popular vote. Political parties are strictly prohibited. The UAE's most powerful authority is that of the Supreme Council of Rulers (SCR). The SCR is given power to make policy decisions and also decide to revoke laws previously made. Seven hereditary rulers as well as their crown princes as well as their closest advisers control this governing body. The body that is subordinate to the SCR to the SCR is the Federal Council of Ministers (COM). The majority of UAE's policies and everyday affairs are developed by the COM which regularly and more formal than the SCR. The judicial branch of government is managed by the Union Supreme Court. Judges are appointed directly by the UAE president. The FSC is the highest constitution-making body in the UAE and is a governmental entity with legislative and executive powers. Overseeing this FSC is the sovereigns from each of the seven emirates. In addition to the FSC there are the secular as well as Islam courts throughout the seven emirates. The secular courts in the UAE rule on civil, criminal, and commercial issues. Religious and family dispute are handled by the Islamic courts. Every emirate has its own administration, which includes municipalities and departments. There is a good degree of political stability in UAE, and they are the one Arab state with functioning federal government that has endured the test of time. Additionally, there are many women who are employed at every level of government. This is a positive sign on the UAE due to it's Middle East location. Sheikh Zayed was known for his foreign policy not to use violence to gain concessions and become a major source of overseas aid, such as the development of infrastructure and humanitarian relief. Sheikh Kahlifa created a foreign policy that was non-interference in inner affairs of other countries. He also supported the pursuit of peaceful resolutions to conflicts. The UAE has provided support to the Iraqi Government by providing debt forgiveness and is a vocal advocate of making peace within the Middle East with help primarily from the USA. In addition the UAE promotes intercultural and interfaith dialogues , with the primary goal of mitigating mistrust between different religions and cultures and the conviction that such misperceptions can be used to gain leverage by terrorists as well as those who support the terrorists. There is a lot of support in the UAE for international institutions such as that of the United Nations. The UAE adopted or ratified laws to protect the rights of people handicapped and host conventions that aim to end brutality and torture in punishment and to stop nuclear terrorism and combating human trafficking. Illicit drugs are another problem because of its proximity to South Asia makes it a transit point for traffickers to transport drugs. Also, being a significant financial hub that is also a major financial hub, the UAE is at risk of being a home for fraudsters who use money to commit crimes. International organizations are asking the UAE government to establish restrictions to curb these problems. The UAE are also an active defender of peaceful resolutions in Palestinians with the backing by the Gulf Cooperation Council (GCC). There have been disputes between the UAE and Iran regarding ownership rights of three UAE-based islands. These disputes date back to 2003 when Oman together with UAE signed and ratified border agreements for all of the border. Failure to publish the agreements along with detailed maps of alignment gave Iran the opportunity to dispute their claims to the Tunb and Abu Musa Islands. As of October, Iran has signed the Memorandum of Understanding to establish a joint commission with itself and the UAE. In addition, the UAE has concern over Tehran's nuclear activities. At one point, tensions between Saudi Arabia and the UAE are also easing. The biggest threat facing the UAE is a failure within the government which could result in the collapse of the GCC military. The policy of foreign aid in the United Arab Emirates is founded on the Islamic idea of offering a helping hand for the needy to fulfill a duty of all Muslims. Oil and gas revenues provides UAE UAE with the opportunity of aiding countries that are less fortunate. Organisations such as Red Crescent of the UAE Red Crescent, which provide emergency aid, play an significant roles in these efforts. Relations with relations with USA are maintained and united in pursuit of keeping a strong alliance with the interests of security and economic which include stability in the Middle East and the reliable supply of energy to the global market. The UAE is the biggest importer of goods and services from the Arab World of US goods with a value of $144 billion (USD) in the year 2008. More than 700 US firms are present in the UAE which includes Bechtel, ExxonMobil, Starbucks and Cold Stone Creamery. (The World Factbook 2009, 15) In the aftermath of the global recession in 2008, the UAE has tried to insulate the economy of its local counterparts while working with multilateral institutions including the International Monetary Fund (IMF) and on a bilateral basis , to aid countries that have been severely affected.

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