Why Emirates

How Dubai Became The Richest Country of The World // Makkah Madina, Burj Khalifa, Oil Export, Travel

Published on January 21, 2019

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The first human settlement in the history of Dubai was in approximately 3000 BCE, when the area was inhabited by nomadic cattle herders. In the 3rd century CE, the area came under the control of the Sassanid Empirewhich lasted until the 7th century, when the Umayyad Caliphate took control and introduced Islam in the area. The area was sustained by fishing and pearl diving for a thousand years, with the first records of the town being made in 1799 when the Bani Yasclan established it as a dependency of Abu Dhabi. Dubai became a separate Sheikhdom in 1833, when the Al-Maktoum dynasty of the Bani Yas clan (initially from Abu Dhabi) took it over peacefully. The invention of artificial pearls in 1926 and the Great Depression in 1929 caused a collapse in the international pearl market, which resulted in the emir Sheikh Saeed looking for an alternative source of income and inviting Indian and Iranian traders to settle there without paying any tax and Dubai becoming one of the leading re-export ports in the world. In 1966, oil was discovered in Dubai, which changed the country beyond recognition and led to Dubai becoming the vibrant, modern, business-centred city.

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