The United Arab Emirates (UAE) is a Middle Eastern nation located on the Arabian Peninsula, known for its rapid modernization and economic growth. Formed in 1971, the UAE is a federation of seven emirates, including Abu Dhabi (the capital) and Dubai (a global hub for trade, tourism, and finance). The country has transformed from a desert economy reliant on pearl diving and fishing to a wealthy nation fueled by oil exports, real estate, and tourism. The UAE is renowned for its futuristic architecture, such as the Burj Khalifa, cultural diversity, and a high standard of living.