How has discovery of black gold spearhead the growth of economy in the U.A.E.
Answers
Answered by
10
Discovery of oil on the territory of the Emirates prompted rapid growth of the UAE economy. Especially country began to develop rapidly after sharp rise in prices for “black gold” in 1973. Throughout 25 years the UAE has become a country with one of the highest living standards. Today, every fifth citizen of the United Arab Emirates is a millionaire. Government grants to the newlyweds 100 000 dollars for wedding and for each birth women are paid 20 thousand dollars and in addition land is allocated.
Answered by
0
Answer:
Discovery of oil on the territory of the Emirates prompted rapid growth of the UAE economy. Especially country began to develop rapidly after sharp rise in prices for “black gold” in 1973. Throughout 25 years the UAE has become a country with one of the highest living standards. Today, every fifth citizen of the United Arab Emirates is a millionaire. Government grants to the newlyweds 100 000 dollars for wedding and for each birth women are paid 20 thousand dollars and in addition land is allocated.
Similar questions