Modern Dubai traces its origins to the 1830s to a small fishing village on the Shindagha peninsula at the mouth of the creek where the Bani Yas tribe, originally from the Liwa oasis to the south, was settled. The only commonality between then and now is that the Maktoum family still rules Dubai.
Pearling, which was the mainstay of the city's prosperity for many years, succumbed to the development of the cultured pearl in the 1940s. But Dubai's enterprising merchants bounced back, developing a thriving trade in gold and other commodities. In 1966, oil was discovered and the economy kicked into overdrive. In 1971, Dubai became the seventh emirate of the newly formed UAE.
As a global business and tourist capital, Dubai is home to world-class tennis tournaments, boat and horse races, desert rallies, and one of the largest air shows in the world.
The Dubai Location
Like the GCC region, the McKinsey Dubai location is growing quickly. Our consultants describe the office as a dynamic environment offering opportunities to work on an extraordinary range of issues.
McKinsey's Middle East office (which includes our locations in Dubai, Manama, and Riyadh) is home to more than 100 consultants and practice experts, representing over 45 nationalities.