UAE and that pursuing this industry will create more opportunities that will really make
the progressive results to UAE and the world as a whole.
III. Brief Overview of the UAE
3.1 Historical Background of the UAE
The United Arab Emirates is rich region that is deeply rooted in trade and business while it
is influenced largely by Islam. It is culturally rich because its location is between equally
rich in culture countries from Europe and the Far East. It also engages its trade with very
diverse nations like India and China and some European countries like those of Portugal,
the Netherlands and Great Britain (The UAE, 2013). The UAE is equipped with the ideal
location because of its coasts, its inland and sandy deserts are contributory to its becoming
a center for trade and business.
The UAE was actually known as “The Trucial States” when Great Britain signed series of
agreements with the individual emirates in the 19th century; the resulting agreements
paved the way for Great Britain to protect the coast of UAE from all aggression by the sea
and those from possible attached by land. Trade and business have been providing income
and employment to the people in the region. Economic depression, which have been
observed in the later 1920s and early 1930s have been observed throughout the history.
These have actually encouraged countries in the UAE region to keep crude exportation as
the economic mainstay from Abu Dhabi; undertaking massive program of construction of
schools, housing, hospitals and roads and such other infrastructures are supportive of the
UAE’s thrusts to advance its developments with the changing time.
The UAE is a federation composed of the six Emirates, namely, Abu Dhabi, Dubai,
Sharjah, Umm al-Quain, Fujairah and Ajman and they were formally established on
December 2, 1971 (The UAE, 2013). Later on, the seventh Emirate, Ra’s Al-Khai-mah
joined the six Emirates forming the New Federation.
The seven Emirates are true to their name as United Arab Emirates as they have forged a
very distinctive identity as a region. They have a political system that is a combination of
the traditional and modern structure that enables them to put up a modern administrative
structure that ensures the maintenance and preservation of what they have already built and
established traditionally of the past.
Their present president since 2004, H. H. Sheikh Khalifa bin Zayed Al Nahyan has strived
to fulfill his vision for UAE, that is, to make UAE a beautiful place to see and stay with its
rich palm-filled oases, precipitous Hajar Mountains to fertile coastal plains (The UAE,
2013); it has rich tribal culture reliant on agriculture and fishing yet has achieved