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January 6, 2022

History of Dubai

Less than two centuries ago, Dubai was one of the villages of the elders of Abu Dhabi. At the beginning of the twentieth century, it became a flourishing port. Dubai’s population was about twenty thousand in the middle of the twentieth century. A quarter were immigrants. With the emergence and accumulation of mud in the 1950s, the number of ships that used it increased. Ruler of Dubai, Sheikh Rashid bin Saeed Al Maktoum, thought of dredging this waterway, and although at first, this decision was very ambitious, costly, and seemingly impractical. However, it increased the volume of transportation to this city and finally strengthened Dubai’s position as a hub for re-export and more trade.

With the discovery of oil in Dubai, oil revenues developed Dubai’s infrastructure, and schools, hospitals, roads, an advanced telecommunications network, and much more. It continued to grow at the speed of light, and the largest The Port of the World was built in Jabal Ali, followed by a free zone around the port. Personal income and corporate tax rates and low import duties were among these rapid developments, thus quickly becoming a tourist and commercial hub in the Middle East. Today, motivation from Egypt to the Indian subcontinent and from South Africa to countries Commonwealth is called widespread.

The United Arab Emirates, under the presidency of the late Sheikh Zayed bin Sultan Al Nahyan, became one of the wealthiest countries in the world with a per capita GDP of more than $ 17,000 a year. However, real estate construction also faced difficulties and was in a bad recession for three years. Still, despite all the problems, it improved itself with a gradually organized and continuous program. Thus, these days, this city as They know a thriving and essential global and commercial town in the region.

Category: Dubai culture

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