The United Arab Emirates, sometimes simply called the Emirates, is a country in Western Asia in the northeast end of the Arabian Peninsula on the Persian Gulf, bordering Oman to east and Saudi Arabia to the south and west, as well as sharing maritime borders with Qatar to the west and Iran to the north. The UAE has developed from a juxtaposition of Bedouin tribes to one of the world's most wealthy states in only about 50 years.
Abu Dhabi, Dubai, Ajman, Fujairah, Ras al Khaimah, Sharjah and Umm al Quwain - the seven emirates that make up the UAE - maintain a large degree of independence. The UAE is governed by a Supreme Council of Rulers made up of the seven emirs, who appoint the prime minister and the cabinet. Each emirate is governed by a ruler; together, they jointly form the Federal Supreme Council. One of the rulers serves as the President of the United Arab Emirates. In 2013, the UAE's population was 9.2 million, of which 1.4 million are Emirati citizens and 7.8 million are expatriates. The climate of the UAE is subtropical-arid with hot summers and warm winters. The climate is categorized as desert climate. The hottest months are July and August, when average maximum temperatures reach above 45 °C (113 °F) on the coastal plain.
The UAE offers businesses a strong enabling environment: stable political and macroeconomic conditions, a future-oriented Government, good general infrastructure and ICT infrastructure. Moreover, the country has made continuous and convincing improvements to its regulatory environment and is generally a top country for doing business. UAE is ranked as the 26th best nation in the world for doing business by the Doing Business 2017 Report published by the World Bank Group. The UAE are in the top ranks of several global indices, such as the Doing Business, the World Economic Forum's (WEF) Global Competitiveness Index (GCI), the World Happiness Report (WHR) and the Global Innovation Index (GII).
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