The United Arab Emirates (also known as the UAE or the Emirates) is a Middle Eastern country situated in the southeast of the Arabian Peninsula in Southwest. The UAE is a country made up of seven major emirates' Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al-Quwain, Ras Al-Khaimah, and Fujairah. It was founded on December 2, 1971. The United Arab Emirates (UAE) is one of the world's most moderate and dynamic countries. It has an open, free, pro-business regulatory climate, with no taxes on profits or incomes. UAE also offers a complete freedom of capital movement, and 100% foreign ownership allowed within free zones. |