United Arab Emirates Coins
The Trucial States of the Persian Gulf coast granted the UK control of their defense and foreign affairs in 19th century treaties. In 1971, six of these states – Abu Dhabi, Ajman, Fujairah, Sharjah, Dubai, and Umm al-Quwain – merged to form the United Arab Emirates (UAE). They were joined in 1972 by Ras al-Khaimah. The UAE's per capita GDP is on par with those of leading West European nations. Its generosity with oil revenues and its moderate foreign policy stance have allowed the UAE to play a vital role in the affairs of the region.Gold coins have only been issued in UAE since 1979, and only on a limited number of occasions.