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Abu Dhabi discovered oil. The first oil export was made in 1969.
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Rulers of the emirates come together to create the United Arab Emirates. And Shaikh Zayed is chosen as the first UAE president.
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The UAE restored diplomatic relations with Iraq; they were disconnected at the outbreak of the 1991 Gulf War.
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Sheikh Maktoum Rashid, UAE Prime Minister, Vice-President and ruler of Dubai, dies, during a visit to Australia. He was succeeded by his brother, Sheikh Mohammed Rashid.
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The UAE reveals a strategy to help national development and is aimed to make the UAE a world leader. Dubai and Qatar became the two largest shareholders of the London Stock Exchange.