The Trucial States of the Persian Gulf coast granted the UK control of their defense and foreign affairs in 19th century treaties. In 1971, six of these states - Abu Dhabi, Ajman, Fujairah, Sharjah, Dubai, and Umm al Quwain - merged to form the United Arab Emirates (UAE). They were joined in 1972 by Ras Al Khaimah. The UAE's per capita GDP is on par with those of leading West European nations. Its generosity with oil revenues and its moderate foreign policy stance have allowed the UAE to play a vital role in the affairs of the region.
Location: Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia.
Area: Total UAE: 83,600 sq km; Dubai: 3,885 sq. km i.e less than 5% of UAE. And 4 times the size of Singapore.
Land boundaries: With Oman 410 km, Saudi Arabia 457 km
Weather: Normally a desert climate. Hottest in July and August when temperatures reach 48 Deg C with RH of around 85%.
Elevation extremes: Lowest point: Persian Gulf 0 m
Highest point: Jabal Yibir 1,527 m
Environment - current issues: Lack of natural freshwater resources compensated by desalination plants; desertification; beach pollution from oil spills.
Environment - international agreements: Party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Dumping, Ozone Layer Protectionsigned, but not ratified: Law of the Sea
Geography - note: Strategic location along southern approaches to Strait of Hormuz, a vital transit point for world crude oil.
Population Dubai: 1.5 mn 2007E
Age Group 15-64 years [79% of total population]: Male 73% Female: 27%
According to current dubai news, about 80% of Dubai's population consists of foreigners in the age group between 15 and 64 since visas are normally issued only for working people or investors and people over 60 years need to pay extra to get annual visas instead of 3 year ones. So there are few foreigners in the other age groups.
Ethnic groups: Recent Dubai news indicates that the break up is: Emirati 19%, other Arab and Iranian 23%, South Asian 30%, Westerners and East Asians 28%.
Religion: Muslim 96% (Shi'a 16%), other (includes Christian, Hindu) 4%
Government type: Federation with specified powers delegated to the UAE federal government and other powers reserved to member emirates.
Time difference: GMT+4 (9 hours ahead of Washington, DC during Standard Time)
Independence: 2 December 1971 (from UK), which is a national holiday.
Legal system: Based on a dual system of Shari'a and civil courts; has not accepted compulsory ICJ jurisdiction.
Judicial branch: Union Supreme Court (judges are appointed by the president).
Economy overview: Dubai has an open economy with a high per capita income and a sizable annual trade surplus. Successful efforts at economic diversification, have made oil and gas a small percentage of the total output. Since the discovery of oil in the UAE more than 30 years ago, Dubai has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a high standard of living.
The government has increased spending on job creation and infrastructure expansion and is opening up utilities to greater private sector involvement. Dubai's Free Trade Zones - offering 100% foreign ownership and zero taxes - are helping to attract foreign investors. Higher revenue, strong liquidity, housing shortages, and cheap credit in 2005-07 led to a surge in asset prices (shares and real estate) and consumer inflation. Rising prices are increasing the operating costs for businesses in the Dubai and adversely impacting government employees and others on fixed incomes.
GDP (purchasing power parity): $167.3 billion (2007 est.)
GDP (official exchange rate): $192.6 billion (2007 est.)
GDP real growth rate: 7.4% (2007 est.)
Inflation rate (consumer prices): 11% (2007 est.)
Currency (code): Emirati dirham (AED)
Exchange rates: Emirati dirhams per US dollar - 3.673 (2007), 3.673 (2006), 3.6725 (2005), 3.6725 (2004), 3.6725 (2003)note: officially pegged to the US dollar since February 2002
Disputes - international: Boundary agreement was signed and ratified with Oman in 2003 for entire border, including Oman's Musandam Peninsula and Al Madhah enclaves, but contents of the agreement and detailed maps showing the alignment have not been published; Iran and UAE dispute Tunb Islands and Abu Musa Island, which Iran occupies.
McKinney, Texas has been named the 2nd fastest growing city in the U.S. for populations over 100,000. Texas Real Estate is hot! McKinney is one of three Texas communities making the top ten lists of fastest growing cities with populations over 100,000. Other Texas cities named in this group are Grand Prairie City (6) and Denton (9). North Las Vegas, Nevada held the number 1 spot.
There are many considerations to make when choosing a place to live. Work, schools, and transportation are all important. It's also nice to have access to a variety of local attractions. You will find all of these amenities in McKinney, Texas.
By buying a home in McKinney you will live in a convenient location in your McKinney TX home. US highway 380 runs through it east and west. US highway 75 runs north and south through the city. It isn't far from airports in Dallas and Fort Worth. It also has a few small public use airports of its own. If you are buying a home in McKinney you won't find yourself stranded.
Most people buying a McKinney Texas new home, out of necessity, will think first of work. If you are being transferred into a nearby area, you already know what you are going to do. You may be surprised to find out that commutes in and around McKinney are generally short. You will find many different jobs available if you are buying a home in McKinney.
There is a low unemployment rate in McKinney In fact; it is lower than the state's rate. There are jobs in such industries as construction, computers and electronics, and healthcare. If you are buying a home in McKinney, you might be likely to get a job in management, engineering, sales, or education. Schools are important to many people considering buying a McKinney new home. The McKinney Independent School District is the public school system in the area. Students in MISD have scored high on report cards, standardized elementary and secondary tests, and the SAT's. Eighty-three percent of public school students finish high school.
You can safeguard your health by buying a home in McKinney, Texas. The North Central Medical Center is Located right in McKinney. Nearby Plano and Allen also have excellent hospitals. If you like shopping, McKinney is a retail Mecca, with malls and over 100 retail shops in downtown Historic McKinney.
You can work and play in McKinney. Golf courses, recreational activities, and cultural events make McKinney the ideal home buying area in Northern Texas.
If you are moving to the Dallas, Ft. Worth area, visit Tucker Hill, the newest Traditional Neighborhood Development in McKinney, Texas. Located on 769 acres just north of U.S. 380, approximately 2,000 homes will be built there over the next ten years. The development will emphasize lush green open spaces with beautiful trees, pedestrian walkways, a residents club with a full-time Director of Activities, swimming pools, extensive landscaping elements and a convenient shopping and commercial village. The award winning Southern Land Company is developing Tucker Hill.
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