5% GDP growth in non-oil. More diversified than Saudi. #2 globally for being "easy to do business in and with". Top-10 in Global Soft Power Index since 2023 [0], rose from #18 in 2020. Dubai has become a global influencer capital.
Looks like the US is backing UAE as Saudi wanes, and as a regional counterweight.
If we're talking about Switzerland, yes it's a federal republic with semi-direct democracy, but it also happily supplied mercenaries to mainland Europe for several centuries.