Iran–United Arab Emirates relations Iran–United Arab Emirates relations Relations between the neighboring countries of Iran and the United Arab Emirates (UAE) are deeply historic, dating back centuries prior to the establishment of the modern-day United Arab Emirates. Both the countries maintain diplomatic relations with each other, having embassies in each other's capitals, and have close economic ties. There is a significant community of Iranians in the United Arab Emirates, mostly residing in the emirate of Dubai. An Arabic-speaking native community lives in the southern provinces of Iran, some of whose members share historical ties with the southern shores of the Persian Gulf. Iranian businesses
Economy of the United Arab Emirates a point in case of the milestones that have given the UAE its high profile of a global tourist destination. According to 2013-2014 Global Competitiveness Report, the UAE ranked fourth worldwide in terms of infrastructure quality. Some of the significant real-estate projects are: Among the most prominent financial centers in the UAE are: 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