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
E 311 road (United Arab Emirates) Dhabi opened. The total project cost US$2.1 billion and carries 4 lanes both ways, with a capacity of 8,000 vehicles an hour. The extension offers an alternative to E 11, which formerly was the only highway connecting the two most populated emirates. E 311 road (United Arab Emirates) E 311 (known in Arabic as شارع ﺇ ٣١١) is a major road in the United Arab Emirates. It begins in New Al Falah in Abu Dhabi and extends north-eastward towards the Ras al-Khaimah emirate. E 311 has been called Sheikh Mohammad Bin Zayed Road since 2013. Prior to that it was