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History
006 007
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By 1892 foreign traders were exempted from taxes and this helped improve the growth of the emirate.
1830
1892
010 By 1930s the pearl industry started to collapse. The Arabs also delved into trade enabled by the multiple ports which are along the Dubai Creek. The main commodities were fish, silk, and porcelain to Middle Eastern and European markets. The souks emerged because of its proximity to the harbour area.
011
1930
012 008
By the late 1960s oil was discovered in the region which led to the globalization of the emirate to its current state. The export of oil attracted international traders and expatriates.
1959
1960
Being a community of Bedouins, Dubai went into the fishing and pearl diving industry when it was taken over by the Bani Yas tribe. Strategies to make Dubai the major trading hub were implemented. The Dubai creek was renovated to accommodate large ships to pass through it. This resulted in the growth of districts like Deira and Bur Dubai along the Dubai creek to flourish.