The UAE’s main source of profit Is the UAE’s main source of profit still oil exports



The author posted a question in Business, Finance

The UAE's main source of profit? Is the UAE's main source of profit still oil exports? and got a better answer

Response from
Yes, it still is. Although in recent years, its share has declined slightly due to the development of tourism and related industries?

Response from 0[+++++]
Yes it still does. Although its share has decreased a bit in recent years due to the development of tourism and related industries.

Response from 0[+++++]
The UAE is not a commercial organization and has no profits. It is a state. It has for example GDP and GNI. Selling oil gives them less than a third of GDP.

 

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