this post was submitted on 03 Jun 2025
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[–] [email protected] 18 points 2 weeks ago* (last edited 2 weeks ago) (7 children)

Oil makes up 30% of UAE’s GDP and an even smaller percentage of Dubai’s: only 1% according to this Wikipedia article. Dubai is one of seven emirates that make up the UAE. Dubai has existed prior to the discovery of oil as a fishing and trade port, and has been rich before due to pearl diving. It was a major source of pearls before the Japanese invented cultured pearls.

For thousands of years, most seawater pearls were retrieved by divers working in the Indian Ocean, in areas such as the Persian Gulf, the Red Sea, and in the Gulf of Mannar (between Sri Lanka and India).[10] A fragment of Isidore of Charax's Parthian itinerary was preserved in Athenaeus's 3rd-century Sophists at Dinner, recording freediving for pearls around an island in the Persian Gulf.[11] https://en.wikipedia.org/wiki/Pearl_hunting

The following map shows Bronze Age trade routes in purple:

Source: https://www.smithsonianmag.com/smithsonian-institution/roads-of-arabia-presents-hundreds-of-recent-finds-that-recast-the-regions-history-127324646/

There are good reasons to hate the UAE such as hosting US soldiers and normalizing with Israel. No need to lie about their history and origin.

[–] [email protected] 9 points 2 weeks ago (5 children)

Yeah, I don't think pearls or trade is making Dubai that rich anyhow any more. Especially after the Suez and like you said "cultured pearls.”

[–] [email protected] 4 points 2 weeks ago (1 children)

Trade makes up 26% of it's GDP. That's the largest contributor.

[–] [email protected] 4 points 2 weeks ago

Trade in what, that makes no sense... Oil and gas exports make up 85% of its economy

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