Analysis of the Strategy of Diversification of the UAE Economy: The Main Initiatives and the Results of Their Achievement

Abstract

The trend of diversification of the energy economy of the United Arab Emirates is considered. The steps taken by the UAE to achieve results and what successful cases other countries can adopt for their own development. The research is based on the analysis of statistical data, regulatory documents, literature and analytical works. The state of the UAE economy is based on: quantitative indicators of GDP, ratings data, legislative initiatives.