On December 2, 2014, UAE celebrated its 43rd National Day. It has achieved, throughout its united journey, record-breaking rates of growth in all fields, which has placed it at the top in terms of global competitiveness, according to reports by specialised regional and international organisations.
These reports have ranked the UAE as one of the most developed countries in the world, with happy and contented citizens and other residents, as well as sustainable growth in many other fields, including the economy, trade, investment and communications, in addition to information, technology, tourism, infrastructure and human and social development.
It has also shown impressive growth in gender equality and in the political and economic empowerment of women.
One of the most notable achievements is in terms of development, its GDP having increased from Dh6.5 billion in 1971 to Dh1.54 trillion in the current year.
The Gross National Expenditure allocation in the annual budget increased from only Dh201 million in 1971 to Dh49b and Dh100b in 2015.
This indicates the volume of development programmes carried out over the past 43 years in the areas of infrastructure and providing essential services for citizens and residents.
These successes are due to the wise policies and essential foundations laid down by the prudent leadership of the founding fathers of the country, the first two being the late His Highness Sheikh Zayed bin Sultan Al Nahyan and the Late His Highness Sheikh Rashid bin Saeed Al Maktoum, who displayed economic, political, diplomatic and cultural openness, and built strategic partnerships with countries on all continents of the world.
Their policies and visions have been carried into the present by the leadership of President His Highness Shaikh Khalifa bin Zayed Al Nahyan, His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, as well as the members of the Federal Supreme Council and Rulers of the Emirates, and General Shaikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Commander of the Armed Forces.
Diplomatic relations have been established with more than 190 countries throughout the world, compared to relations with only three countries when the UAE was first established in 1971.
The UAE today has more than 75 bilateral tax agreements and some 50 bilateral investment treaties with strategic partners around the world, as well as air transport agreements with 168 countries on different continents of the world, as well as being signatory to hundreds of other bilateral and multilateral agreements… see more