The United Arab Emirats (UAE) is a famous oil exporter in the Middle East as well as one of the richest countries in today’s world. It locates in the southeastern of the Arabian Peninsula, bordering Oman and Saudi Arabia. The north edge is the Persian Gulf, serving as the maritime transportation hub for the Persian Gulf and the Indian Ocean. The official language of the UAE is Arabic, but English is also widely used. Most people in the UAE are Muslim. The Dirham (AED) is the currency in UAE, which is directly linked to the US Dollar (USD) with a stable exchange rate.
The UAE consists seven emirates: Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al-Quwain, Ras Al-Khaimah and Fujairah. Abu Dhabi is the capital of the UAE, which accounts for about 80% of the total area of the UAE. Dubai, which is in the main exchange channel of East and West, is often used as the centre of economic activity between Europe and Asia. It is one of the most important global business metropolises in the Middle East.
The rapid development industry in the UAE is not just the oil industry. Its high-end infrastructures, abundant diverse economic and cultural environment, and the relaxed free market atmosphere also provide the unique advantage for the commercial development. As of 2013, comparing with the moment of the UAE’s independence in 1971, the UAE’s economy has grown by about 231 times (around US$400 billion). The total population of the UAE is about 9.304 million with about 88.5% of foreign population. That is also the main factor contributing to the multicultural environment.