| Exploiting
their prime location between the Mediterranean Sea and Indian
Ocean, the new inhabitants, working with the old, began
re-establishing old trade routes and spreading the word
of Islam. As trade boomed, merchant dhows (ships) sailed
as far as China, and returned with silk and porcelain for
the Middle Eastern and European markets and this maritime
high reached its crescendo between 750 and 1258 AD.
By the late 16th century the Portuguese attempted to control
local trade and succeeded in a way that many coastal settlements
were practically abandoned, and the tribes took refuge in
oases far from the coast. The British finally gained control
of the region's waterways in 1766. Dubai stood amidst the
local power struggles and European imperialism. In 1833
a neighboring tribal power, the Bani Yas under the leadership
of Maktoum bin Butti the founder of the Al-Maktoum dynasty,
raided Dubai with eight hundred Bani Yas soldiers, into
the Bur Dubai area. The Al-Maktoum family still rules the
emirate today.
In 1892 Sheikh Maktoum signed an exclusive business deal
with the British and in 1894 permitted a full tax exemption
for foreign traders. In 1966, oil was discovered and the
economy started to thrive. By that time the British had
already decided to head home, and in 1971, Dubai became
the seventh emirate of the newly formed UAE.
The story of Dubai reads like a rags-to-riches tale, and
indeed, it is hard to imagine a place elsewhere in the world
that has developed at such a pace, in such a short time,
for so many different people.
Courtesy: Dubai Development and Investment Authority |