Those are the now famous words of Sheikh Rashid bin Saeed Al Maktoum, the man who is credited with transforming Dubai into the modern city it is today.
Sheikh Rashid ruled the emirate from 1958 to 1990. It was during his reign that oil was discovered.
However, realising it would not last forever he worked to grow other aspects of the economy.
Today oil accounts for less than 5% of Dubai’s GDP. Tourism, construction and the financial sector are the main drivers of growth.