For Which Product Dubai Was the Central Trade Center in 1960?

By Michael Ferguson

Dubai, the gleaming metropolis that we know today, was once a humble trading hub in the 1960s. During this time, one particular product played a pivotal role in establishing Dubai as the central trade center of the region. That product was none other than pearls.

The Pearl Industry in Dubai

In the early 20th century, before the discovery of oil transformed Dubai’s economy, pearls were the region’s most valuable commodity. The pearl industry in Dubai reached its peak in the 1960s when it became a major global center for pearl trade.

Dubai’s strategic location along the Arabian Gulf made it an ideal location for pearl diving and trading. The city’s natural harbor provided easy access to the rich pearl beds that lay beneath the glistening waters of the Gulf.

Pearl Diving

Pearl diving was an arduous and dangerous profession that required skilled divers to plunge into deep waters in search of oysters. These oysters housed precious pearls that were highly sought after worldwide.

During peak seasons, hundreds of traditional wooden boats called dhow would set sail from Dubai’s shores into the open sea. These boats were equipped with specialized equipment such as weighted baskets and ropes for divers to collect oysters from the ocean floor.

  • Step 1: The divers would dive down to depths of up to 30 meters, holding their breath for several minutes at a time.
  • Step 2: Once they spotted an oyster bed, they would carefully pry open each shell and inspect its contents.
  • Step 3: If lucky, they would find a gleaming pearl nestled within the oyster.
  • Step 4: The divers would collect the pearls in their baskets and resurface to deposit their findings on the boat.

This painstaking process required immense skill and determination, but it was this very process that fueled Dubai’s rise as a central trade center for pearls.

The Pearl Trade Market

Dubai quickly developed into a bustling center for pearl trade. Once the pearls were collected, they were sorted, cleaned, and graded based on their size, shape, color, and luster. The highest quality pearls were highly coveted and commanded premium prices in international markets.

The bustling Deira market in Dubai became the epicenter of pearl trading activity. Traders from all over the world flocked to Dubai to buy and sell these precious gems. The market was filled with merchants haggling over prices, buyers inspecting pearls under magnifying glasses, and excitement permeating the air.

The Decline of the Pearl Industry

As time went on, advancements in technology led to the development of cultured pearls. These pearls could be produced by inserting an irritant into an oyster artificially, eliminating the need for risky diving expeditions. This innovation disrupted Dubai’s natural pearl industry as it became difficult to compete with these more accessible cultured pearls.

Furthermore, the discovery of oil in Dubai in 1966 brought about a dramatic shift in its economy. The newfound wealth from oil prompted investments in infrastructure development and diversification of industries away from traditional trades like pearling.

In Conclusion

In 1960s Dubai, it was the thriving pearl industry that propelled the city into becoming a central trade center. The arduous process of pearl diving combined with Dubai’s strategic location fostered a flourishing market that attracted traders from around the world. However, with the advent of cultured pearls and the discovery of oil, Dubai’s once booming pearl industry gradually declined, giving way to the vibrant city we know today.