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From the pain of the pandemic, new opportunities emerge for the UAE and the world

toppress.kz

From the pain of the pandemic, new opportunities emerge for the UAE and the world

Few countries have experienced more change over the past 50 years than the UAE. In two generations, the country has gone from a small fishing and pearling center to one of the world’s major economic hubs. The economy is more than 35 times bigger than it was when the federation was founded in 1971. Back then, oil accounted for almost three-quarters of gross domestic product. Today, it constitutes less than a third, fueled by the rapid growth in trade, services, tourism, and technology, Toppress.kz reports. This change was facilitated by internal stability, but it took place in a regional environment of extraordinary unrest and instability. The UAE is one of a few countries with no memory of
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28 марта 2024