The United Arab Emirates is a federal state consisting of seven autonomous monarchies. It is located on the Arabian Peninsula, near the coast of the Persian Gulf and is one of the largest oil-producing countries in the world.
The uniqueness of the UAE lies in the fact that this state managed to successfully solve the problem of the dependence of the economy on oil production. Using oil money as start-up capital, the government of the Emirates was able to create a real man-made oasis in the once desert territory, attracting millions of tourists from all over the world.
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