Legislative branch: unicameral Federal National Council or Majlis
al-Ittihad al-Watani (40 seats; members appointed by the rulers of
the constituent states to serve two-year terms)
elections: none
note: reviews legislation, but cannot change or veto
Judicial branch: Union Supreme Court, judges appointed by the
president
Political parties and leaders: none
Political pressure groups and leaders: NA
International organization participation: ABEDA, AfDB, AFESD, AL,
AMF, CAEU, CCC, ESCWA, FAO, G-77, GCC, IAEA, IBRD, ICAO, ICRM, IDA,
IDB, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat,
Interpol, IOC, ISO (correspondent), ITU, NAM, OAPEC, OIC, OPCW,
OPEC, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO, WTrO
Diplomatic representation in the US: chief of mission: Ambassador Muhammad bin Husayn al-SHAALI chancery: Suite 700, 1255 22nd Street NW, Washington, DC 20037
Diplomatic representation from the US: chief of mission: Ambassador Theodore H. KATTOUF embassy: Al-Sudan Street, Abu Dhabi mailing address: P. O. Box 4009, Abu Dhabi; American Embassy Abu Dhabi, Department of State, Washington, DC 20521-6010 (pouch); note—work week is Saturday through Wednesday consulate(s) general: Dubai
Flag description: three equal horizontal bands of green (top), white, and black with a thicker vertical red band on the hoist side
Economy
Economy—overview: The UAE has an open economy with one of the world's highest per capita incomes and with a sizable annual trade surplus. Its wealth is based on oil and gas output (about 33% of GDP), and the fortunes of the economy fluctuate with the prices of those commodities. Since 1973, the UAE has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a high standard of living. At present levels of production, oil and gas reserves should last for over 100 years. The UAE Government is encouraging increased privatization within the economy. Industrial development has picked up in 1997-98, but lower world oil prices caused GDP to drop 5% in 1998.