Thursday, June 24, 2010

United Arab Emirates, Dubai Cost of Living April 2010

Country Full Name: United Arab Emirates.

Location: The United Arab Emirates is in the Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia.

Country Climate: Desert; cooler in eastern mountains.

Country Terrain: Flat, barren coastal plain merging into rolling sand dunes of vast desert wasteland; mountains in east.

Major Languages: Arabic.

Major Religions: Islam.

Country Population: 4.8 million (2008 est.) 4.9 million (2009 est.).

Country Economy: The economy of the United Arab Emirates (UAE) is that of a developing country. The UAE currently has one of the fastest growing economies in the world.

Currency: UAE Dirham (AED).

Country Inflation: 12.3% (2008 est.) 2.5% (2009 est.).

City: Dubai is one of the seven emirates of the United Arab Emirates (UAE).

City Economy: Dubai has the largest population and is the second-largest emirate by area, after Abu Dhabi. The emirate's main revenues are from tourism, property, and financial services.
Cost of Living: Dubai has an overall cost of living index which equates it with high cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Dubai is currently ranked 26 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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