Economy

The unprecedented economic transformation which has taken place in the UAE since the formation of the state has been largely funded by the judicious use of oil revenues. However, although oil and gas production remains the primary source of public revenue, the secret of the country's current economic success has been a determined government strategy of economic diversification, leading to the creation of new productive sectors. The immense wealth has been invested in capital improvements and social services in all of the seven Emirates. Petroleum production is centered in Abu Dhabi and Dubai.