The Beginning of The Oil Era
In the beginning of the 1960s, the first oil company teams carried out preliminary surveys and the first cargo of crude was exported from Abu Dhabi in 1962. As oil revenues increased, the ruler of Abu Dhabi, Sheikh Zayed bin Sultan Al Nahyan, undertook a massive construction program, building schools, housing, hospitals and roads. When Dubai's oil exports commenced in 1969, Sheikh Rashid bin Saeed Al Maktoum, the ruler of Dubai, was also able to use oil revenues to improve the quality of life of his people.
Read more about this topic: History Of The United Arab Emirates
Famous quotes containing the words beginning, oil and/or era:
“What we call little things are merely the causes of great things; they are the beginning, the embryo, and it is the point of departure which, generally speaking, decides the whole future of an existence. One single black speck may be the beginning of a gangrene, of a storm, of a revolution.”
—Henri-Frédéric Amiel (1821–1881)
“No skilled hands
caress a stranger’s flesh with lucid oil before
a word is spoken
no feasting
before a tale is told, before
the stranger tells his name.”
—Denise Levertov (b. 1923)
“It is not the literal past that rules us, save, possibly, in a biological sense. It is images of the past.... Each new historical era mirrors itself in the picture and active mythology of its past or of a past borrowed from other cultures. It tests its sense of identity, of regress or new achievement against that past.”
—George Steiner (b. 1929)