United Arab Emirates mountain cluster in Ras al-Khaimah. A few years later, there were more sightings of snow and hail. The Jebel Jais mountain cluster has experienced snow only twice since records began. The United Arab Emirates is a federation of hereditary absolute monarchies. It is governed by a Federal Supreme Council made up of the seven emirs of Abu Dhabi, Ajman, Fujairah, Sharjah, Dubai, Ras al-Khaimah and Umm al-Qaiwain. All responsibilities not granted to the national government are reserved to the emirates. A percentage of revenues from each emirate is allocated to the UAE's central budget. Although elected by the Supreme Council,
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