Traditional activities included herding sheep and goats, cultivating dates, fishing and pearling, but the inhabitants built up trade too. By the turn of the century, Dubai was reputed to have the largest souks on the Gulf coast, with 350 shops in the Deira district alone.
Commercial success allied to the liberal attitudes of Dubai's rulers, made the emirate attractive to traders from India and Iran, who began to settle in the growing town. But, while trade developed, Dubai remained politically a protectorate of Britain as part of the Trucial States extending along the northern coast of the Arabian peninsula.
On the British withdrawal in 1971, Dubai came together with Abu Dhabi, Sharjah, Ajman, Umm Al Quwain, Fujairah and (in 1972) Ras Al Khaimah to create the federation of the United Arab Emirates.
This was shortly after the discovery of oil in 1966, which was soon to transform the emirate and its way of life. Dubai's first oil exports in 1969 were followed by a period of rapid development that laid the foundations for today's modern society. Much of the credit for this development can be traced to the vision of the late Ruler, HH Sheikh Rashid bin Saeed Al Maktoum, who ensured that Dubai's oil revenues, despite being relatively modest by the standards of the region, were deployed to maximum effect.
His work has been continued by the present Ruler, HH Sheikh Maktoum bin Rashid Al Maktoum, and his brothers, Their Highnesses Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance and Industry, and General Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Minister of Defence. The result is that Dubai is constantly building up its infrastructure of transport facilities, schools, hospitals, tourism developments and other amenities of an advanced society.
As the leading regional trading hub, Dubai offers a rapidly growing economy and access to a market of outstanding potential.
Among its key characteristics are:
» A large market - more than $17 billion in domestic imports annually; gateway to a regional import market with a population of 1.4bn;
For more information please visit : www.dubaitourism.co.ae