Telecommunications investment (current LCU) in the United Arab Emirates

Telecommunications investment refers to the expenditure associated with acquiring the ownership of telecommunication equipment infrastructure (including supporting land and buildings and intellectual and non-tangible property such as computer software). These include expenditure on initial installations and on additions to existing installations.This page includes a historical data chart, news and forecasts for Telecommunications investment (current LCU) in the United Arab Emirates. The United Arab Emirates has an open economy with a high per capita income and a sizable annual trade surplus. Successful efforts at economic diversification have reduced the portion of GDP based on oil and gas output to 25%. Since the discovery of oil in the UAE more than 30 years ago, 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.

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