National Day Supplement 2014 December 2014 | Page 11

Snapshot Of The Emirates DUBAI HH Sheikh Rashid bin Saeed Al Maktoum, Founding Father of the UAE and former Ruler of Dubai. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai. Founding Father: HH Sheikh Rashid bin Saeed Al Maktoum (1958 – 1990) Current Ruler: HH Sheikh Mohammed bin Rashid Al Maktoum (1990 – present) Important Landmark: Burj Khalifa Key Industries: Tourism, Shipping Port and Free Zone Business Investment Opportunities T oday, travellers from all over the globe flock to the emirate of Dubai, which has fast developed from what was originally considered to be a place that was inhabited by nomadic tribes who left very little trace of their existence, to an in demand, international destination, rich with industry and productivity. In the 18th century, members of the Bani Yas tribe settled along the banks of the Dubai Creek and used their natural commercial instincts and liberal attitudes to attract neighbouring traders from India and other Gulf countries. By the late 1870s, Dubai had become the main port of the southern coast, developing major souks to enable visitors to trade their wares. It was a chaotic home to Iranians, Omanis and tribal Bedouins. Here are some interesting facts about Dubai: • Pearl collected from offshore beds and gold were key contributors to Dubai’s prosperity during the early years. • Dubai first received electricity in 1961, approximately 50 years after Times Square in New York already had multi-coloured illuminations. Dubai International Convention and Exhibition Centre (DICEC) at Dubai World Trade Centre (DWTC). It is the region’s largest purpose-built complex welcoming 2.2 million trade delegates a year. • Oil was first discovered in 1966 after many years of drilling. • When the pearling industry crashed in the 1930s, Dubai bounced back from a deep depression by implementing favourable tax incentives. • Port Rashid opened in 1971 out of a desire to provide access to large container ships. It had only two gantry cranes. By 1978, the port was expanded to include 35 berths, 5 of which were used by the largest ship containers of the time. As a result of continued growth in this industry, Jebel Ali Port was opened one year later. Jebel Ali is the world’s largest man-made harbour and the biggest port in the Middle East. • The Sheikh Rashid Tower opened in 1978 and had 39 stories. It was the tallest building in the city and the first high rise building along Sheikh Zayed Road. Today, this tower has grown into the renowned • Emirates Airline was launched in 1985 with two aircrafts. The idea was received with much scepticism at the time. Today Emirates has a fleet of 218 aircrafts flying to over 142 destinations in 80 countries. It is often lauded as the “World’s Best Airline”. • In 1999, Dubai grabbed the world’s attention with the opening of the Burj Al Arab on an artificial island off Jumeirah Beach. This sail-shaped building has become a world-renowned icon and is dubbed by many as the ‘world’s only seven-star hotel’. • The Burj Khalifa opened on January 4, 2010 and is the world’s tallest tower. It is seen as a symbol of strength, determination and a demonstration of Dubai’s capabilities. Source: Dubai Department of Tourism and Commerce Marketing. (Photo Credit: National Archives, UAE) Special Feature Nov - Dec 2014 37