The history of Sharjah is very rich, ancient and it tells us that it was one of the wealthiest towns in the region and had a settlement in existence for thousands of years. Historically, the population of the city was very low and they were engaged in the economic activities such as trading, farming, hunting, fishing and pearl farming to make their livings.
In 1971, on the 2nd day of December, Sharjah became part of the UAE as a founder member along with Abu Dhabi, Dubai, Ajman, Umm Al Qawain and Fujairah in the Act of Union to form the United Arab Emirates. In 1972, His Highness Dr. Sultan bin Mohammed Al Qasimi succeeded as the ruler of Sharjah. The same year also marked a historic discovery of oil in the Mubarak oilfield situated 80 km offshore and close to the Abu Mousa Island. The production of oil began two years later and gas drilling was also started in 1990 which boosted the economy of Sharjah manifold.