United Arab Emirates
It is worth noting that the United Arab Emirates is one of the Arab Gulf countries, which is located on the Asian continent, and this country is one of the federal countries, as it includes seven basic emirates, which are: the Emirate of Abu Dhabi, the Emirate of Dubai, the Emirate of Sharjah, and the Emirate of Ras Al Khaimah. The Emirate of Fujairah and the Emirate of Umm Al Quwain.
Abu Dhabi
(Abu Dhabi) is the capital of the United Arab Emirates, and it is the capital of the Emirate of Abu Dhabi - as well - and its area is estimated at about sixty-seven kilometers, as it is located in the south of the United Arab Emirates, and it is located on the border with the Kingdom of Saudi Arabia, in addition to being located on the border With the Sultanate of Oman, in addition to the fact that it - that is, this emirate - is adjacent to Qatar by sea. As for the other emirates: It has a land connection with the emirates of Sharjah. And the Emirate of Dubai from the northeastern and northern sides, respectively, as this emirate overlooks the Arabian Gulf, in addition to the location of many islands there.
Currency of the Emirate of Abu Dhabi
It is known that the currency of Abu Dhabi is the same as the currency of the United Arab Emirates, as the Emirate of Abu Dhabi is an integral part of this country. As for the currency of the United Arab Emirates; It is the Emirati dirham, which consists of one hundred fils. The Emirati dirham is issued by the Central Bank of the United Arab Emirates. This currency is linked to the US dollar and the price is approximately equal to approximately (3.67 Emirati dirhams) per US dollar. The Emirati dirham is symbolized by (AED). It was introduced for the first time in 1973 AD; So that it will be an alternative for the Emirati people to the Bahraini dinar, and the Emirati dirham was used in the Emirate of Abu Dhabi.
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The economy in the Emirate of Abu Dhabi is enjoying significant growth, and the average per capita income is somewhat high in this emirate. Moreover, The economy of the Emirate of Abu Dhabi - individually - is superior to the economy of the rest of the six emirates combined. The Emirate of Abu Dhabi has the fifth largest oil reserve in the entire world, constituting 10% of the global oil reserve. Oil in the Emirate of Abu Dhabi represents about a third of the entire economy in the Emirate of Abu Dhabi, for this reason; The government took a decision to reduce the dependence of this emirate’s economy on oil, instead of it being in this large form, to lower levels and proportions. Until the opportunity arises for the economy; In order to rely on various investments other than oil, the industrial sector has emerged as a major contributing factor - and significantly - to the economy of Abu Dhabi, in addition to multiple other sectors, such as the tourism sector, the service sector, the real estate sector, and other sectors.
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