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At the same time, however, due to the welfare benefits of the UAE government, many Emiratis are reluctant to take up low-paying jobs, especially those in the private sector, with citizens only representing 0.34% of the private sector workforce; [8] private sector employers are also generally more inclined to hire overseas temporary workers as ...
The DED was established in March 1992 [2] and in October 2008 Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, issued decree no. 25 giving the DED the responsibility to plan and regulate the overall economic performance of Dubai, supervise its functions and support the economic development to ensure the objectives of the Dubai Strategic ...
Although not required in the Constitution, by convention, the ruler of Abu Dhabi has always assumed the position of president and the ruler of Dubai always held the position of prime minister, except for the period between 1971-1979, when the crown prince of Dubai at the time, Maktoum bin Rashid Al Maktoum, held the position while his father ...
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This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . Their legal status varies from being a part of government to stock companies with a state as a regular stockholder .
Al Ain is the largest inland city in the Emirates, the fourth-largest city (after Dubai, Abu Dhabi, and Sharjah), and the second-largest in the Emirate of Abu Dhabi. The freeways connecting Al Ain, Abu Dhabi, and Dubai form a geographic triangle in the country, each city being roughly 130 kilometres (81 mi) from the others.
The Ministry of Finance (MoF) (Arabic: وزارة المالية) is the ministry of the federal government of United Arab Emirates which is responsible for public finances. The ministry's objective is to promote fiscal planning and fiscal sustainability of the federal government of the United Arab Emirates. The ministry is located in Abu Dhabi ...
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]