Ajman, the smallest state of E.A.U. is divided into three separate enclaves. The population lives mainly in the growing port of the capital, located in the Persian Gulf. Without income from oil and gas, Ajman is poorer than the neighboring emirates and the population earns a living from traditional activities such as agriculture, fishing and shipbuilding. However, a liberal economic regime has recently attracted quite a few foreign investors. Its beaches offer a quiet respite from the bustle of Dubai.