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UAE has the seventh [1] largest oil reserves in the world, and is the eighth [2] largest producer, according to Wikipedia. How does it not have any income? Meanwhile, Qatar produces about half as much, on par with nations such as Norway.

[1] https://en.wikipedia.org/wiki/Oil_reserves_in_the_United_Ara...

[2] https://en.wikipedia.org/wiki/List_of_countries_by_oil_produ...




UAE royals spend a great deal more on racehorses...


Parent said income, not profits.




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