Conclusion

UAE is a country that is set up for massive growth in the coming years. The government is taking steps to diversify the economy and reduce dependence on oil exports, tourism is contributing to the growth in Abu Dhabi, which is on the path to becoming a major financial center of the future. Furthermore, current economic factors, such as the low unemployment rate, high immigration rate and high GDP per capita predict future success. Finally, UAE has several trade relationships in place with major world powers, helping its growth and securing its future. Either way, UAE is a country to watch, and its economic future depends on the policies the government will adopt in the face of increasing tension in the Middle East.