Sheikh Hamdan Bin Rashid: Dubai’s deputy ruler Sheikh Hamdan bin Rashid dies at 75 | World Information

DUBAI: Sheikh Hamdan bin Rashid Al Maktoum, deputy ruler of Dubai and the United Arab Emirates minister of finance, has died, his brother mentioned on Wednesday. He was 75.
Sheikh Hamdan served as deputy chief of Dubai below his brother, Sheikh Mohammed bin Rashid Al Maktoum, the hereditary ruler of the city-state who additionally serves as prime minister and vice chairman of the United Arab Emirates.
Emirati officers introduced his dying with out specifying the trigger. Sheikh Hamdan had been sick for a number of months. Final fall, he flew overseas for an unspecified surgical procedure and in current weeks his brother Sheikh Mohammed tweeted prayers for his restoration.
Born December 25, 1949, the second son of late ruler Sheikh Rashid Bin Saeed Al Maktoum, he grew up in what was generally known as the Trucial States, a set of Arab sheikhdoms alongside the southern shore of the Persian Gulf that have been a part of a British protectorate since 1820.
When the UAE fashioned its first Cupboard in 1971, Sheikh Hamdan grew to become finance minister and held the submit till his dying, attracting international funding, managing the nation’s oil wealth and, alongside together with his brother, overseeing the transformation of Dubai right into a regional monetary hub.
He led Emirati delegations to the Worldwide Financial Fund and the Group of the Petroleum Exporting Nations (OPEC) Fund for worldwide improvement. Sheikh Hamdan managed a wide selection of conglomerates reaching throughout Dubai’s financial system, such because the Dubai Ports Authority, Dubai World Commerce Heart and Dubai Pure Gasoline ?Firm Restricted.
Like his brother, he grew to become an enormous identify in horse racing out of the UAE, founding Shadwell Racing in 1981, an operation with a legacy of manufacturing star thoroughbreds.

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