The United Arab Emirates is a country located on the Arabian Peninsula in southwest Asia. The country consists of seven Emirates that gathered in the union during 1971 and 1972. The capital of the United Arab Emirates is Abu Dhabi, recognized as one of the world's largest trade centers. Also, this country is one of the main hubs of the sea and air routes. One of the main factors for the rapid development of this desert country is the discovery of large oil reserves. Oil revenues were directed to the development of tourism and other branches of the economy. This has led to the United Arab Emirates being home to over 200 nationalities from almost every corner of the planet. As many as 7.8 million out of 9.2 million inhabitants are expatriates. The cult of luxury is cultivated in this country, so many of the biggest, the highest, and the most beautiful things can be found here.