Sheikh Rashid laid the cornerstone for a modern Dubai and paid attention to construction and commerce. He harnessed all resources for the Emirate’s benefit, with commercial production of oil in Dubai beginning in earnest in 1966. Sheikh Rashid established a Department for Oil Affairs, as well as judicial and aviation departments. Dubai was undergoing a real transformation. Sheikh Rashid broadened and deepened the creek as its shallow water posed a threat to navigation and made it hard for large vessels to enter. The deepening project was accomplished and Dubai Creek became one of the best commercial and economic harbours.
Dubai experienced a development boom that included the construction of roads, an airport and seaports. In October 1972, Port Rashid was inaugurated. It was a huge harbour that underpinned the economy of the Emirate of Dubai, in particular, and the UAE in general. Sheikh Rashid encouraged businesses and businessmen. He aspired to increase the Emirate’s resources and encouraged international shipping lines to come to Dubai. Thus, it became a commercial centre between East and West.
The dredging of Dubai Creek and the establishment of the General Electricity Company, followed by the creation of the Telephone, Telegraph and Wireless Company, and the opening of Dubai International Airport
The establishment of the Land and Property Department
The establishment of Dubai Municipality
The opening of the first bridge connecting Deira to Bur Dubai (Al Maktoum Bridge)
The founding of an oil company and the Dubai National Bank, the Emirate’s first national bank
The expansion of Dubai Creek
The construction of Port Rashid
The opening of the Shindagha Tunnel
The construction of the Dubai World Trade Centre
The completion of Jebel Ali Port
The inauguration of Dubai Dry Docks