UAE. The United Arab Emirates' public finances swung into a surplus of 2.9% of economic output in 2011 after two years of deficits as robust oil income offset an increase in government spending, a report by the International Monetary Fund showed.
UAE. Global mobile usage intensifies, fueled by increased device penetration. Smartphone and tablet penetration are all increasing, with wearables experiencing the highest growth rate with roughly 10 percent global penetration - nearly doubling ownership rates from last year.