The UAE’s dependence on oil is a significant lengthy-term obstacle, although the UAE is Among the most diversified international locations within the Gulf Cooperation Council. Lower oil selling prices have prompted the UAE to cut expenditures, together with on some social plans, though the UAE has sufficient assets in its sovereign expenditure cash to deal with its deficits. The government lowered fuel subsidies in August 2015, and introduced excise taxes (fifty% on sweetened carbonated beverages and a hundred% on Electricity beverages and tobacco) in October 2017. A five-p.c price-additional tax was introduced in January 2018. The UAE's strategic plan for the next number of years focuses on economic diversification, endorsing the UAE as a world trade and tourism hub, creating field, and generating far more task chances for nationals as a result of improved education and learning and amplified non-public sector work.
Travelers with questions concerning the items on the listing of managed substances need to Make contact with the U.S. Embassy in Abu Dhabi or the U.
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Penalties for possession, use, or trafficking in unlawful medicines from the United Arab Emirates are intense. Convicted offenders can assume extended jail sentences, heavy fines, and deportation. It is achievable for being convicted for drug possession determined by the results of a drug take a look at although no other evidence exists, regardless of when or where by the usage at first occurred.
The UAE has diversified and happens to be a regional buying and selling and tourism hub. UAE companies have invested closely abroad.
2021 - UAE becomes the fifth state in the world and the initial Arab region to succeed in Mars when its Hope spacecraft goes into orbit round the Earth.
In order to travel, UAE residents ought to get a UAE copyright. International driver's licenses are frequently not recognized. On the other hand, U.S. citizen guests who're not UAE inhabitants can travel using a valid driver’s license issued by her or his condition.
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