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Gulf Rupee
The Gulf rupee (Arabic: روبيه or روبيه خليجيه) was the official currency used in the British protectorates of the Arabian Peninsula that are around the Persian Gulf between 1959 and 1966. These areas today form the countries of Kuwait, Bahrain, Qatar, Oman, and the United Arab Emirates. It was issued by the Government of India and the Reserve Bank of India and was equivalent to the Indian rupee. History To the middle of the 20th century, the Indian rupee was also used as the official currency in the emirates on the eastern Arabian Peninsula, namely Kuwait, Bahrain, Qatar, the Trucial States, and Oman. That meant, in effect, that the Indian rupee was the common currency in those territories as well as in India. The Indian rupee was pegged to the British pound at a rate of 13 Indian rupees = 1 pound. The Government of India had complained of gold traffickers in the Gulf region whose base of operations was constantly being broadened, especially in Kuwait, Bahrain an ...
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History Of Bahrain (1783–1971)
The History of Bahrain (1783–1971) covers the history of Bahrain since the invasion of Al Khalifa until the independence from the British Empire. Bahrain was a dependency of the Persian Empire when in 1783, the Bani Utbah tribe led by Al Khalifa invaded it from their base in Al Zubarah ( British Protectorate of Qatar). The ruler of Al Khalifa was Ahmed bin Muhammad who became known as the conqueror. His successors faced many challenges over the next 75 years, yet they managed to keep Bahrain under their control. Externally, the island was under continuous threats from Oman and Wahhabis, both of which controlled it for short periods. Persians and Ottomans also made several claims over the country. In 1820 and later in 1861, Britain signed peace treaties with Bahrain and acknowledged Al Khalifa as its rulers. In 1867, a war erupted between Bahrain and Qatar, leading to British intervention and independence of Qatar from Bahrain. The British appointed a new Al Khalifa ruler, ...
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Dhofar Baiza
The Dhofar Governorate ( ar, مُحَافَظَة ظُفَار, Muḥāfaẓat Ẓufār) is the largest of the 11 Governorates in the Sultanate of Oman in terms of area. It lies in Southern Oman, on the eastern border with Yemen's Al Mahrah Governorate. It is a rather mountainous area that covers and has a population of 416,458 as of the 2020 census. The largest city, as well as capital of the Governorate, is Salalah. Historically, the region was a source of frankincense. The local variety of Arabic is Dhofari Arabic, which is quite distinct from that of the rest of Oman and from Yemen. History Archaeology At ''Aybut Al-Auwal'' ("First Aybut") in Wadi Aybut (west-central Nejd), a site was discovered in 2011 containing more than 100 surface scatters of stone tools belonging to a regionally specific lithic industry, the late Nubian Complex, known previously only from Northeast Africa. Two optically stimulated luminescence age estimates place the Arabian Nubian Complex at 106,0 ...
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Maria Theresa Thaler
The Maria Theresa thaler (MTT) is a silver bullion coin and a type of Conventionsthaler that has been used in world trade continuously since it was first minted in 1741. It is named after Maria Theresa who ruled Austria, Hungary, and Bohemia from 1740 to 1780 and is depicted on the coin. History In 1741 the first MTT was struck according to the Reichsthaler standard with of a Cologne mark of fine silver, or 25.98 grams. In 1750 a new thaler was struck with a gross weight of of 1 Vienna mark of silver, fine (with a fine silver content of 23.39 grams, or of a Cologne mark). In 1751 this new standard Conventionsthaler was effectively adopted across the German-speaking world when it was accepted formally in the Bavarian monetary convention. This new, post-1751 thaler has continued as a trade coin ever since. Since the death of Maria Theresa in 1780, the coin has always been dated 1780. On 19 September 1857, Emperor Francis Joseph of Austria declared the Maria Theresa thal ...
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Muscat, Oman
Muscat ( ar, مَسْقَط, ) is the capital and most populated city in Oman. It is the seat of the Governorate of Muscat. According to the National Centre for Statistics and Information (NCSI), the total population of Muscat Governorate was 1.4 million as of September 2018. The metropolitan area spans approximately and includes six provinces called . Known since the early 1st century AD as an important trading port between the west and the east, Muscat was ruled by various indigenous tribes as well as foreign powers such as the Persians, the Portuguese Empire and the Ottoman Empire at various points in its history. A regional military power in the 18th century, Muscat's influence extended as far as East Africa and Zanzibar. As an important port-town in the Gulf of Oman, Muscat attracted foreign tradesmen and settlers such as the Persians, Balochis and Sindhis. Since the ascension of Qaboos bin Said as Sultan of Oman in 1970, Muscat has experienced rapid infrastructura ...
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Shilling
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 20th century. Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, as well as the ''de facto'' country of Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Old English "Scilling", a monetary term meaning twentieth of a pound, from the Proto-Germanic root skiljaną meaning 'to separate, split, divide', from (s)kelH- meaning 'to cut, split.' The word "Scilling" is mentioned in the earliest recorded Germanic law codes, those of Æthelberht of Kent. There is evidence that it may alternatively be an early borrowing of Phoenic ...
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Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, ...
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India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, interm ...
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Abu Dhabi
Abu Dhabi (, ; ar, أَبُو ظَبْيٍ ' ) is the Capital city, capital and List of cities in the United Arab Emirates, second-most populous city (after Dubai) of the United Arab Emirates. It is also the capital of the Emirate of Abu Dhabi and the centre of the Abu Dhabi Central Capital District, Abu Dhabi Metropolitan Area. The city of Abu Dhabi is located on an island in the Persian Gulf, off the Central West Coast. Most of the city and the Emirate reside on the mainland connected to the rest of the country. , Abu Dhabi's urban area had an estimated population of 1.5 million, out of 2.9 million in the emirate of Abu Dhabi, as of 2016. The Abu Dhabi Investment Authority is headquartered in the city, and was the Sovereign wealth fund#Largest sovereign wealth funds, world's 5th largest sovereign wealth fund in 2021. Abu Dhabi itself has over a trillion US dollars worth of assets under management in a combination of various List of countries by sovereign wealth f ...
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Qatari Riyal
The Qatari riyal (sign: QR in Latin, in Arabic; ISO code: QAR) is the currency of the State of Qatar. It is divided into 100 dirhams ( ar, درهم). History Until 1966, Qatar used the Indian rupee as its currency, in the form of Gulf rupees. When India devalued the rupee in 1966, Qatar, along with the other states using the Gulf rupee, chose to introduce its own currency. Before doing so, Qatar briefly adopted the Saudi riyal, then introduced the Qatar and Dubai riyal following the signing of the Qatar-Dubai Currency Agreement on 21 March 1966. The Saudi riyal was worth 1.065 Gulf rupees, whilst the Qatar and Dubai riyal was equal to the Gulf rupee prior to its devaluation. Following Dubai's entry into the United Arab Emirates, Qatar began issuing the Qatari riyal separate from Dubai on 19 May 1973. The old notes continued to circulate in parallel for 90 days, at which time they were withdrawn. For a wider history surrounding currency in the region, see the history of Brit ...
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British Pound
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ...
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Government Of India
The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, consisting of 28 union states and eight union territories. Under the Constitution, there are three primary branches of government: the legislative, the executive and the judiciary, whose powers are vested in a bicameral Parliament, President, aided by the Council of Ministers, and the Supreme Court respectively. Through judicial evolution, the Parliament has lost its sovereignty as its amendments to the Constitution are subject to judicial intervention. Judicial appointments in India are unique in that the executive or legislature have negligible say. Etymology and history The Government of India Act 1833, passed by the British parliament, is the first such act of law with the epithet "Government of India". Basic structure Th ...
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