Deputy ruler of Dubai and UAE Minister of Finance Sheikh Hamdan bin Rashid passes away

Agencies | Dubai

The Daily Tribune – www.newsofbahrain.com

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