Sheikh Hamdan was the brother of the current ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum
DUBAI: The deputy ruler of Dubai, Sheikh Hamdan bin Rashid Al Maktoum, has passed away at the age of 75 years.
The news of his demise was announced by Dubai's ruler on Wednesday.
Sheikh Hamdan was the brother of the current ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum.
According to a news report by Khaleej Times, 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," read the publication.
US top diplomat says meeting between President Donald Trump and his Chinese counterpart Xi Jinping will happen
Beijing and Washington agreed in Geneva in May to temporarily slash their staggeringly high tariffs
Wind power production also hit a new record for Europe, according to Think Tank
Rescue teams in central Texas presse on with their search through the mud and wreckage
Nearly half of the top 50 most unequal countries in the world are also on the continent: report
74-year-old diplomat left at his own request, citing personal reasons, news agency quotes sources as saying
