A brief history of Dubai’s economy up to 1979
Dubai’s close proximity to India made it an important trading location and it was already known in Europe from the sixteenth century for its pearling industry, but it was in the nineteenth century when the emir lowered trade taxes to lure foreign traders from neighbouring states that Dubai really began to grow in prominence. The [...]
Dubai in the twentieth century
Dubai’s proximity to India made it an important port of call for foreign tradesmen, mainly Indian, many of whom eventually settled in the town. Until the 1930s Dubai was known for its pearl exports, but the First World War and then the Great Depression damaged the industry irreparably resulting in a mass exodus to other [...]
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