DUBAI

DUBAI - INTRODUCTION

The city of Dubai is divided by the famous Dubai creek or Khor. This natural harbour, and Dubai's strategic location on the international trading map has made it one of the world's leading trading and commercial centers.

The Ruler of Dubai, H.H. Sheikh Maktoum bin Rashid Al Maktoum, succeeded his father in 1990.

His father, Sheikh Rashid bin Saeed Al Maktoum was one of the founding fathers of the UAE together with H.H. Sheikh Zayed bin Sultan Al Nahayan and was the Vice-President and Prime Minister until his death in 1990.

Now, Sheikh Maktoum has taken the mantle of the above positions.

The Maktoum family is also a part of the Baniyas tribe who first settled in Abu Dhabi but  then later took control of Dubai in 1833. Dubai's growth can be traced back to the early years of the century when the grandfather of H.H. Sheikh Rashid bin Saeed Al Maktoum persuaded the British shipping line plying between Britain and India, to make Dubai their main port of call in the 1940s.

To further consolidate its position as a major port, H.H. Sheikh Rashid bin Saeed Al Maktoum took an active interest in the development of Dubai, he established a Police Force, a customs service and developed trade connections with India.

Soon, in the 1960's, with the discovery of oil, money started to pour in and Dubai's prominence and prosperity  increased. But aware of the risks of oil-dependency, Sheikh Rashid actively promoted new industrial ventures. The Aluminium and Cement factory are the result of this endeavour.

The Jebel Ali Free Trade Zone - the fifth largest in the world within a short span of ten years, has attracted over 900 international companies that include global giants - a few of these are General Motors, AEG, Aiwa, BP, Ciba, Geigy, Daewoo and Heinz. 

Dubai's attractiveness not only lies in its trade. Like the rest of the U.A.E., it has also been actively promoted as a tourist destination.