Introduction Today we can observe drastic changes in the global economy. The appearance of specific trends in the way countries interact, the high speed of globalization, and the emergence of new dominant agents impact the way economies evolve. Moreover, the rapid development of certain areas that previously were not considered significant stipulates the reconsideration of diverse patterns peculiar to business relations between states and even their policies. There are several areas that today affect the world significantly and shape the existing global intercourse and economy. Nevertheless, the Middle Eastern region is one of these regions. Its extensive rise is associated with the increased importance of oil which is now considered the fundamental strategic resource. Being rich in its deposits, the Gulf States entered the period of its rapid rise and creation of new modern economies. The UAE belongs to these states and nowadays is considered one of the most fast-growing countries with stable and continuously evolving industry and business sectors (“Economy,” n.d.). With this in mind, the given paper is devoted to the comprehensive investigation of the UAE and its macroeconomics. To understand the essential features of the UAEs economy, it is compared with the Netherlands, its macro fields, and other meaningful showings. Economies Overview The UAE In general, the UAE has the second-largest economy in the Arab world after Saudi Arabia (“Economy,” n.d.). Its gross domestic product comprises $403,2 billion (“Economy,” n.d.). However, about 80% of the UAE s comes from the oil export (“Economy,” n.d.). That is why there are numerous tendencies towards the diversification of its economy. Using the oil industry as the basis for its power and wealth, the country correctly realizes the necessity to develop other spheres to minimize the dependence on this source and oscillations in its price. For this reason, the UAE has the most diverse economy in the Gulf region (“Economy,” n.d.). At the moment, it develops the high-class tourism sector attracting people from all countries. Moreover, international finance becomes a more significant part of the UAEs current business environment. The state attracts investors and international financial agencies by suggesting beneficial conditions for their development and growth. For instance, the Dubai International Financial Centre offers 55,5% of foreign ownership to guarantee the broad participation of other countries and the continuous evolution of this field (“Economy,” n.d.). At the same time, no withholding tax is suggested for international agents participating in the development of the economy (“Economy,” n.d.). There are also numerous attempts to facilitate the evolution of high technologies. Government-led investments result in the development of the aerospace and automotive industries (“Economy,” n.d.). Finally, regarding foreign trade, the UAE has one of the most dynamic markets globally. It is included in 16 largest exporters and 20 biggest importers of commodities (“The UAE vision 2021,” n.d.). In this regard, the country becomes a significant player at the international level. The Netherlands As for the Netherlands, the country holds a tradition