Economy of the United Arab Emirates Economy of the United Arab Emirates The economy of the United Arab Emirates is the second largest in the Middle East (after Saudi Arabia), with a gross domestic product (GDP) of $403.2 billion (AED 1.46 trillion) in 2014. The Emirates have been successfully diversifying its economy. Although the UAE has the most diversified economy in the GCC, its economy remains extremely reliant on petroleum (oil). With the exception of Dubai, most of the UAE is dependent on oil revenues. Petroleum and natural gas continue to play a central role in the economy, especially in Abu Dhabi. More than 85% of
United Arab Emirates–Vietnam relations in Vietnam, the UAE becomes one of the largest Arab and Islamic economic investors in Vietnam. The UAE is also a donor for several construction of mosques in Vietnam, including Vietnam's largest mosque was opened in January 2006 in Xuân Lộc, Đồng Nai Province; its construction was partially funded by donations from Saudi Arabia and the United Arab Emirates. The UAE also operates Islamic education to Vietnamese Muslim community, notably the Chams. United Arab Emirates–Vietnam relations The United Arab Emirates–Vietnam relations are the bilateral relations between the United Arab Emirates and the Socialist Republic of Vietnam. The UAE has an