The Economy of the United Arab Emirates

The video explores the transformation of the UAE from a poor British colony to a wealthy nation due to oil. It discusses the historical context, the impact of the oil boom, and the role of foreign workers. The UAE's strategy for economic diversification, focusing on tourism and business, is highlighted as a plan to sustain its economy post-oil.

What are some of the major tourist attractions in Dubai?

In what ways has the UAE capitalized on its geographical location?

How does the UAE's tax policy attract foreign businesses?

What challenges does the UAE face in maintaining its economic growth?