Hamdan bin Rashid Al Maktoum

Hamdan bin Rashid Al Maktoum (Arabic: حمدان بن راشد أل مكتوم, Hamdān bin Rāschid Āl Maktūm; born 25 December 1945)[3] is the Deputy Ruler of Dubai and the Minister of Finance and Industry of the United Arab Emirates (UAE). He is the second son of the late ruler Rashid bin Saeed Al Maktoum (1912–1990, r. 1958–1990).


Hamdan bin Rashid Al Maktoum
حمدان بن راشد أل مكتوم
Deputy Prime Minister of the United Arab Emirates
In office
9 December 1971  1973
PresidentZayed bin Sultan Al Nahyan
Prime MinisterMaktoum bin Rashid Al Maktoum
Succeeded byKhalifa bin Zayed Al Nahyan
Minister of Finance
Assumed office
9 December 1971
PresidentZayed bin Sultan Al Nahyan (1971–2004)
Khalifa bin Zayed Al Nahyan (2004–
Prime MinisterMaktoum bin Rashid Al Maktoum (1971–1979)
Rashid bin Saeed Al Maktoum (1979–1990)
Maktoum bin Rashid Al Maktoum (1990–2006)
Mohammed bin Rashid Al Maktoum (2006–
Deputy Ruler of Dubai
Assumed office
?
Serving with Maktoum bin Mohammed Al Maktoum
MonarchMohammed bin Rashid Al Maktoum
Personal details
Born (1945-12-25) 25 December 1945
Bur Dubai, Dubai, Trucial States
NationalityEmirati
Spouse(s)Sheikha Rodha bint Ahmad bin Juma Al Maktoum[1]
ChildrenSheikh Rashid bin Hamdan Al Maktoum
Latifa bint Hamdan Rashid Al Maktoum[2]
FatherSheikh Rashid bin Saeed Al Maktoum
MotherLatifa bint Hamdan Al Nahyan

Sheikh Hamdan received his early education in the Emirates then attended Bell School of Languages, Cambridge. He and his brother, Sheikh Mohammed, control the state-owned Dubai Ports World along with the Dubai Holding Co. and its many subsidiary companies which have wide-ranging investments in hotels, apartment buildings, banking and finance, and healthcare facilities. Hamdan bin Rashid Al Maktoum has been the head of the UAE's delegation at the International Monetary Fund[4] and the OPEC Fund.

Early life and education

Sheikh Hamdan was born on 25 December 1945. He was the second of four sons of Sheikh Rashid bin Saeed Al Maktoum, a late ruler of Dubai.[5]

Sheikh Hamdan's formal schooling began in Dubai. He attended Al Madrasah Al-Ahlia, where he studied mathematics, English, basic sciences, Arabic and Islamic studies. He went on to complete his further studies at the Bell School of Languages in Cambridge[6] between 1967 and 1968. In Britain, Hamdan bin Rashid Al Maktoum developed an interest in thoroughbred racing.

The years saw a great deal of development in the UAE. While Dubai and Abu Dhabi had begun the process of modernisation, it was far from complete; many areas in the remaining five emirates needed electricity, roads, housing, and clean water supplies. As Minister of Finance and Industry, Sheikh Hamdan oversaw such work, while he was also charged with developing the economy and an industrial base. The UAE's rulers understood that the country could not afford to isolate its efforts in the petroleum sector, despite the fact that in 1971 the majority of federal government revenues were derived from this source.

In Dubai, Sheikh Rashid also placed his second son in charge of an array of key governmental industrial enterprises, including the Dubai Aluminium Company,[7] Dubai Gas Company[8] and Dubai Cable Company, among others.

Career

Sheikh Hamdan has been the minister of finance and industry of the United Arab Emirates since December 1971.[9] He was later appointed as deputy ruler of Dubai.[10] He invited a delegation from the Islamic Research Academy on April 3, 1999 to discuss the launch of an effort and human investment in preparing an academic team of young scholars as specialists in Islamic Jerusalem Studies. This resulted in the launch of several scholarships to reward distinguished young scholars, which then lead to the establishment of the Al-Maktoum Institute in Dundee, Scotland with unique postgraduate programmes with the University of Aberdeen.[11] Shaikh Hamdan is also the benefactor and the Patron of the "Shaikh Hamdan Bin Rashid Al-Maktoum Award for Medical Excellence", an award instituted to reward excellence in the field of medical sciences with its comprehensive, dynamic and exciting features to benefit competing researchers, scientists and medical institutions.[12]

Sheikh Hamdan has received numerous honours and awards for his achievements. He is working on a project to make horse betting easier and faster through a concept designed by a South African business counterpart. The project was to be launched in mid-2010.

Thoroughbred horse racing

Introduced to thoroughbred flat racing while a student in the United Kingdom, Sheikh Hamdan established his first racing stable there in 1981. Over the years he has invested heavily in both racing and breeding[13] and has acquired major operations in England, Ireland and the United States.

The Dubai Arabian Horse Championship is held through the patronage of Sheikh Hamdan.[14]

Sheikh Hamdan's horse, Eastern Anthem, won the 2009 Dubai Sheema Classic.[15]

Philanthropy

Sheikh Hamdan has supported UNESCO with the "Hamdan bin Rashid Al-Maktoum Prize for Outstanding Practice and Performance in Enhancing the Effectiveness of Teachers".[16][17]

Ancestry

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References

  1. Hartley, Joanna (23 March 2009). "UAE Sheikh Ahmad Bin Juma Al Maktoum dies". Arabianbusiness.com. Retrieved 28 May 2018.
  2. "Al Maktoum Foundation | almaktoumfd.ae". almaktoumfd.ae. Retrieved 1 October 2019.
  3. "About". Hamdan Al Maktoum Racing Club. 13 April 2015. Retrieved 9 March 2018.
  4. "IMF says not seeking more funds from Gulf states". Reuters. 13 October 2011. Retrieved 13 March 2018.
  5. "Shadwell Farms" (PDF). Retrieved 13 March 2018.
  6. "Board of directors". www.dragonoil.com. Retrieved 13 March 2018.
  7. "Industry salutes HH Sheikh Hamdan Bin Rashid Al Maktoum | EGA". EGA. Retrieved 13 March 2018.
  8. "Chairman". en. Retrieved 13 March 2018.
  9. https://uaecabinet.ae/en/details/cabinet-members/his-highness-sheikh-hamdan-bin-rashid-al-maktoum
  10. "UAE - Profiles - Ministers". APS Review Downstream Trends. 31 May 2004. Retrieved 15 April 2013.
  11. Edwards, Ruth Dudley (2010). "British universities: seats of learning – and loathing". ISSN 0307-1235. Retrieved 13 March 2018.
  12. "The Establishment - Sheikh Hamdan Bin Rashid Al Maktoum Award for Medical Sciences - HMA". hmaward.org.ae. Retrieved 13 March 2018.
  13. Finley, Bill (7 November 2006). "HORSE RACING; Bernardini Is Retired, but Rival Will Race On". The New York Times. ISSN 0362-4331. Retrieved 14 March 2018.
  14. "Dubai International Arabian Races". Dubai International Arabian Races. Retrieved 14 March 2018.
  15. Eastern Anthem scores double for Bin Shafya, racingpost.com, 28 March 2009, accessed 29 March 2009.
  16. "Teaching programmes in Cambodia, Malaysia and Malawi to receive UNESCO-Hamdan bin Rashid Al-Maktoum Prize". Global Education Magazine.
  17. "UNESCO Hamdan Prize". Unesco.
Princely Family of Dubai

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