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UAE Minister of Finance and Industry Sheikh Hamdan Bin Rashid Al Maktoum is dead

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Deputy Ruler of Dubai and UAE Minister of Finance and Industry in the UAE Sheikh Hamdan Bin Rashid al Maktoum have passed away.

The news of his death was made known through a Twitter post shared by his brother His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai on Wednesday.

 

The late minister, Sheikh Hamdan was born in 1945. On December 25, he was the second son of the late ruler Sheikh Rashid bin Saeed Al Maktoum.

He had his formal education began in Dubai, attended early school at Al-Ahlia School in Dubai and later at Belle Language School in Cambridge.

Sheikh Hamdan In 1971, became the first Minister of Finance and Industry of the UAE, which he held until his death. He played an irreplaceable role in the country’s fiscal policy and government spending.

Sheikh Hamdan chaired the Dubai Municipality, as well as the Department of Information and Health, the Dubai World Trade Center, Dubai Aluminum (DUBAL) and the Dubai Natural Gas Company (DUGAS).

He was the Chairman of the Board of Directors of the Ports of Dubai, the Chief Representative of the UAE in the International Monetary Fund, and the Organization of the Petroleum Exporting Countries (OPEC) in the Arab world.

 

 

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