Period of Revelation:
It is one of the very earliest Revelations. In fact, we learn from authentic Tradions that it was the first complete Surah revealed to the Prophet (pbuh). Before this, only a few miscellaneous verses were revealed which form parts of Surah 'Alaq, Muzzammil and Muddaththir.
Prayer and Divine Guidance:
*This Surah is known as Sab'a Mathani (Seven Oft-Repeated Verses).
This Prayer is for all those who want to study His Message. It is placed at the very beginning to teach the reader that if he sincerely wants to benefit from the Qur'an, he should offer this prayer to the Rabb (God) of the Universe. Al-Fatihah teaches that the best thing for a man is to pray for "Guidance towards the Right Way" and to study the Qur'an with the mental attitude of a seeker of truth, and to recognize that the Rabb of the Universe is the source of all knowledge. They should, therefore, begin the study of Al-Qur'an with a prayer to Allah for Guidance.
It is important to know that the real relation between Al-Fatihah and the Qur'an is not that of an introduction to a book but that of a prayer and it's answer. Al-Fatihah is the prayer from the devotee and the rest of the Qur'an is the answer from Allah. The devotee prays to Allah to show the "Right Way" and Allah places the whole of the Qur'an before him in answer to his prayer, as if to say: