From Humble Beginnings

From Humble Beginnings

The earliest mention of Dubai is in the Book of Geography, by Abu Abdullah Al-Bakri, in 1095. However early records and archeological finds indicate that Dubai’s trading in pearls, metals and fish across Mesopotamia dates back to 6000 BCE , while the UAE’s first nomadic tribes can be traced back to around 5500 BCE.

Throughout the 1500s and 1700s, Dubai’s inhabitants earned their livelihood mainly from the sea; pearl diving, an important economic driver for the city, fishing and building boats . Its strategic location earned the city a reputation as a hub, with the area now known as Jumeirah becoming a regular trading post between Oman and Iraq.

The Portuguese were some of the first European travelers to arrive in the area in 1448, seizing control at the Indian Ocean and the Gulf of Oman until the 17th century, when the Dutch and English entered the Middle East”

From the beginning

The Big Economic Growth

It was the discovery of oil in the Good Fortune Field - Fateh in Arabic - in 1966 that propelled a rapid era of economic growth in the Country. Led by a clear vision to diversify its economy, His Highness Sheikh Rashid bin Saeed Al Maktoum, Vice President and 2nd Prime Minister of the UAE and Ruler of Dubai, began to transform the city into a modern commercial hub.

A Global Economic Hub

Throughout the 1970s, His Highness Sheikh Rashid looked to a future in which Dubai would become a global hub for tourism, trade and commerce, real estate, culture and finance. His son, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, has overseen the major drivers of this development which include pioneering economic clusters with an equal focus on education and knowledge.

Exponential Growth

Under his leadership, Dubai has witnessed outstanding economic growth and has ascended to its current position as a regional hub for commerce, finance, tourism, transport, media, and information technology. Dubai has grown into a flourishing global city symbolizing tolerance and multiculturalism with over 200 nationalities living and working in the Emirate.

The world’s port

Dubai’s coastline became the focus for further reclamation projects to support its economic growth. Dubai Creek, a natural 15.3 Km inlet, has always been the hub of the city’s trade. In 1967, work began on the manmade Port Rashid, located at the mouth of Dubai Creek. When the port opened in 1972, it was deep enough for container ships, and within years, having been expanded in the late 1970s, had become a major global port.
Further West along the coast, His Highness Sheikh Rashid oversaw the opening of the manmade Jebel Ali Port in 1979. Doubling in size in the 1990s, the port became the world’s largest manmade harbor.

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The Idea