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A Short History of Dubai Property: Part 1 This article looks at the early history of Dubai real estate and how the late Sheikh Rashid's mega projects transformed the emirate's economy.

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Dubai is a city built on free trade, openness to foreign investment and good business practice. This is nothing new.

In 1901 Sheikh Maktoum bin Hasher Al Maktoum established Dubai as a free port, abolished all tariffs and began a programme to persuade merchants from the Iranian city of Lingah to relocate to the Dubai Creek.

A natural harbour the Creek was critical to the early development of Dubai. But even by the Second World War Dubai was still a small town with a population of around 20,000.

Con't click

1 posted on 02/22/2006 1:52:28 AM PST by restornu
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To: restornu

'Made from the blood of infidels'


2 posted on 02/22/2006 2:01:44 AM PST by Westlander (Unleash the Neutron Bomb)
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To: restornu

note to self,,,,buy stock in Mecca Cola


3 posted on 02/22/2006 2:08:18 AM PST by wildcatf4f3 (Islam Schmislam blahblahblah, enough already!)
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To: restornu

4 posted on 02/22/2006 2:10:30 AM PST by Old Sarge (In a Hole in the Ground, there Lived a Fobbit...)
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To: Darksheare; EsmeraldaA; null and void; sweetliberty; grannie9; Cardhu

PC COLA UPDATE


5 posted on 02/22/2006 2:47:42 AM PST by restornu (words of Zenock to be crucified, of Neum to be buried in a sepulcher,of Zenos three days of darknes)
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