Placed right at the South end of the Persian Gulf, the United Arab Emirates is the third world producer of oil. Right in the middle of a global recession the country is growing at a rate of 4%. This Arab federation has become a strategic place for foreign investment. Among its 7 emirates two of them are the powerhouses for development: Abu Dhabi, the commercial capital and an oil giant, and Dubai, an international financial center and a top-notch place for global wealthy tourists.
CAPITAL: Abu Dabi
POPULATION: 7 million