Some Facts about Dubai and Hsbc Dubai
Dubai also has an extensive taxi system, by far the most frequently used means of public transport within the emirate. There are both government-operated and private cab companies. The Dubai Transport Corporation operates cream-colored taxis. Some of the private cab companies are Cars Taxi, National Taxi, and Metro Taxi. Prices are reasonable (metered by distance only) and cabs can be found anywhere, any time although difficulties may be experienced during large events.
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Dubai, together with Abu Dhabi and five other emirates, formed the United Arab Emirates after Britain left the Persian Gulf in 1971. In 1973, Dubai joined the other emirates to adopt a single, uniform currency: the UAE dirham.
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There are records of the town of Dubai ("Dubai") from 1799, which was a dependent of the settlement of Abu Dhabi until 1833. The then sheikh of Dubai was a signatory to the British sponsored "General Treaty of Peace" of 1820. In 1833, the Al Maktoum dynasty of the Bani Yas tribe left the settlement of Abu Dhabi and took over the town of Dubai, "without resistance". From that point on, Dubai, a newly independent emirate, was constantly at odds with the emirate of Abu Dhabi. An attempt by the Qawasim pirates to take over Dubai was thwarted. In 1835, Dubai and the rest of the Trucial States signed a maritime truce with Britain and a "Perpetual Maritime Truce" about two decades later. Dubai came under the protection of the United Kingdom by the Exclusive Agreement of 1892.