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
Indians in the United Arab Emirates also a popular destination for filming Indian films. Indians in the United Arab Emirates Indians in the United Arab Emirates (UAE) constitute the largest part of population of the country. Over 2 million Indian migrants are estimated to be living in the UAE, which is over 27 percent of the total population of the UAE.<ref name="Emirates24/7">Profile - Embassy of India, Abu Dhabi UAE</ref> Indian contact with the emirates that now constitute the UAE dates back several centuries, as a result of trade and commerce between the emirates and India. The UAE has experienced a tremendous increase in the population of