Sheikh Hamdan bin Rashid deputy ruler of Dubai, died at the age of 75 - Newztezz Online


Wednesday, March 24, 2021

Sheikh Hamdan bin Rashid deputy ruler of Dubai, died at the age of 75

Sheikh Hamdan bin Rashid Al Maktoum, the deputy ruler of Dubai (Dubai) and Finance Minister of the United Arab Emirates (UAE), has passed away. 
He was 75 years old. His brother gave information about it on Wednesday. Sheikh Hamdan served as the deputy ruler of Dubai under his brother. His brother Sheikh Mohammed bin Rashid Al Maktoum is the Prime Minister and Vice President of the UAE.

The Emirati authorities informed Sheikh Hamdan's demise without giving a reason for the death. Sheikh Hamdan was not doing well for the last few months. He was also ill for a long time. Recently he went abroad for a surgery. At the same time, his brother Sheikh Mohammed tweeted a prayer while praying for his safety. Sheikh Hamdan was born on 25 December 1949. He was the son of the late Sheikh Rashid bin Saeed Al Maktoum.

Till death, the post of Finance Minister of the country

When the first cabinet of the UAE was formed in 1971, Sheikh Hamdan was made the Finance Minister. He has held this post till his death. During this time, he attracted large amount of investment from abroad to the country. Efficient management of the country's oil wealth. At the same time, Dubai was transformed into a regional financial hub. He led Emirati representatives to the International Monetary Fund for International Development and to the Fund of the Organization of Petroleum Exporting Countries (OPEC).

Sheik Hamdan was fond of horses

Sheikh Hamdan handled the organization of companies such as Dubai Ports Authority, Dubai World Trade Center and Dubai Natural Gas Company. Due to all this, so much development of Dubai has been done. Like his brother, he was a big name in horse racing out of the UAE. He was very fond of raising horses. He founded Shadwell Racing in 1981.

Family members will attend the funeral due to Corona

According to Dubai government media, only family members will attend Sheikh Hamdan's funeral. This is being done in the wake of the coronavirus epidemic. Also, government offices will be closed due to three days of mourning. Crown Prince Mohammed bin Zayed Al Nahyan of Abu Dhabi expressed grief over the demise of Sheikh Hamdan, saying, "Today we have lost one of the most loyal people of the UAE, who showed his patriotism throughout his life."

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