Sheikh Hamdan, Deputy Ruler of Dubai and Minister of Finance, passes away

Dubai - The brother of Sheikh Mohammed bin Rashid, Sheikh Hamdan had been holding the finance ministry portfolio since the very first UAE Cabinet was formed in 1971.

By Web report

  • Follow us on
  • google-news
  • whatsapp
  • telegram

Published: Wed 24 Mar 2021, 9:55 AM

Last updated: Wed 24 Mar 2021, 12:37 PM

Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, has passed away.

Sheikh Hamdan was the brother of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Sheikh Hamdan bin Rashid had been holding the position of ‎Minister of Finance since the very first Cabinet of the UAE was formed on December 9, 1971. He had played an indispensable role in developing financial policies and government ‎spending.

He used to preside over several high-level government entities that played a ‎vital role in supporting the economy and labour market in the UAE. These included Dubai ‎Municipality, Al Maktoum foundation, Dubai Aluminum (DUBAL) and Dubai Natural Gas ‎Company Limited, and Dubai World Trade Centre, among others.

In 2006, Sheikh Hamdan bin Rashid received three certificates from ‎the Royal British College, making him the first personality to attain such a distinction.

He was granted Honorary fellowship for Internal Medicine from the Royal ‎British College-London, -Edinburgh, and -Glasgow.


Latest Videos
  • Category

  • Sort By

Global Sukuk Overview

videos

Global Sukuk Overview

Mohieddine (Dino) Kronfol, CIO of Global Sukuk and MENA Fixed Income, Franklin Templeton, provides an overview of the global Sukuk investment universe.

videos

MENA Fixed Income Overview

videos

MENA Fixed Income Overview

Mohieddine (Dino) Kronfol, CIO of Global Sukuk and MENA Fixed Income, Franklin Templeton, provides an overview of MENA fixed income / GCC bond investment universe.

videos

UAE: Here's what will cost residents more in 2024

videos

UAE: Here's what will cost residents more in 2024

Have you been worried about your household expenditures overshooting your monthly budgets? You are not alone. Almost half of UAE residents say the 'cost of living' is the leading cause of stress, followed by personal and family financial concerns, according to a survey. Here's a look at the things that will add to your cost of living in 2024

videos

videos

Embrace the spirit of togetherness this Ramadan

Embrace the spirit of togetherness this Ramadan! With free medical check-ups, awareness sessions and donation boxes at the LULU MALL FUJAIRAH, RAK MALL, and UAQ MALL, led by Emirates Red Crescent. Join us in celebrating the holy month by, Shop & Win up to AED 30,000 worth of Mall vouchers from each of these Malls until April 14th, 2024. Experience the essence of Ramadan with Ramadan Entertainment Programs

videos

Learn why money shouldn't rule you

videos

Learn why money shouldn't rule you

Episode 3 of #WomenAndMoney is here! Join us as Sulochana Betwala, COO of TOTL, shares her inspiring journey from financial struggle to homeownership. Learn how she took control of her finances and proved that money doesn't define her

videos

Why should women take control of their finances?

videos

Why should women take control of their finances?

Episode 1 of #WomenAndMoney is here! Meet Saran Sow Barry: entrepreneur, stay-at-home mom, and master of balance. Tune in for her inspiring insights on why women should take control of their finances. Don't miss it! Watch the full video now

videos