Sheikh Sheikh ( , , , , ''shuyūkh'' ) is an honorific title in the Arabic language, literally meaning "elder (administrative title), elder". It commonly designates a tribal chief or a Muslim ulama, scholar. Though this title generally refers to me ...

Maktoum bin Mohammed bin Rashid Al Maktoum (; born 24 November 1983) is an Emirati royal and politician who serves as

minister of finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio ...

of the

United Arab Emirates The United Arab Emirates (UAE), or simply the Emirates, is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a Federal monarchy, federal elective monarchy made up of Emirates of the United Arab E ...

, deputy ruler of

Dubai Dubai (Help:IPA/English, /duːˈbaɪ/ Help:Pronunciation respelling key, ''doo-BYE''; Modern Standard Arabic, Modern Standard Arabic: ; Emirati Arabic, Emirati Arabic: , Romanization of Arabic, romanized: Help:IPA/English, /diˈbej/) is the Lis ...

and chairman of

Dubai Media Incorporated Dubai Media Incorporated (DMI) is the official media organization of the government of Dubai. It was established in 2003 as a State-owned enterprise, state-owned company comprising a number of print, radio and TV channels under its umbrella, incl ...

. He was named as deputy ruler in February 2008 when his elder brother Hamdan was made crown prince. He served as deputy ruler alongside his uncle Sheikh

Hamdan bin Rashid Al Maktoum Sheikh Hamdan bin Rashid Al Maktoum (, '; 25 December 1945 – 24 March 2021) was an Emirati politician, the deputy ruler of Dubai and the minister of finance and industry of the United Arab Emirates (UAE). He was the second son of the late rul ...

until the latter's death in March 2021. Since then until 2023, he was the sole deputy ruler under his father

Mohammed bin Rashid Al Maktoum Sheikh Mohammed bin Rashid Al Maktoum (; born 15 July 1949) is an Emirati politician and royal who is the current ruler of Dubai, and serves as the Vice President of the United Arab Emirates, vice president and Prime Minister of the United Arab ...

's reign. In April 2023, his younger brother Sheikh Ahmed bin Mohammed Al Maktoum was also named deputy ruler. In September 2021, he was appointed deputy prime minister and finance minister of the UAE. Maktoum is also the chairman of Dubai Knowledge Park, formerly known as

Dubai Knowledge Village Dubai International Academic City (DIAC), informally known as Academic City, is a university town in the city of Dubai, United Arab Emirates along the E 66 road (United Arab Emirates), Dubai-Al Ain Road. The project was launched in May 2006 in lia ...

, inaugurated in 2003.

Early life and education

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum was born on 24 November 1983 in Dubai. He is the third son of Dubai's ruler, Sheikh

with his wife Sheikha Hind bint Maktoum bin Juma Al Maktoum. While he is his mother's third son, he is his father's tenth child and fourth son. He completed his high school at Rashid School for Boys, Dubai, and graduated from the

American University in Dubai The American University in Dubai (AUD) () is a private for-profit university in Dubai, United Arab Emirates located in Dubai Media City. Founded in October 1995, AUD offers programs leading to bachelor's and master's degrees. Being the first pr ...

with a bachelor's degree in Business Administration in 2006. He attended numerous training courses in the Dubai School of Government, as well as

Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...

Career

Sheikh Maktoum chairs the Board of Directors of

and serves as the Chairman of Dubai Technology and Media Free Zone Authority (TECOM Investments). Sheikh Maktoum has accompanied the late President of the

, Sheikh

Khalifa bin Zayed Al Nahyan Sheikh Khalifa bin Zayed bin Sultan Al Nahyan (; 7 September 1948 – 13 May 2022) was the second president of the United Arab Emirates and the ruler of Abu Dhabi, serving from November 2004 until his death in May 2022. Khalifa was the eldes ...

, to numerous conferences, summits and official visits. He has also accompanied Sheikh Mohammed to several Gulf, Arab, and international political and economic conferences. He is the president and chairman of the higher board of governors of the

Dubai International Financial Centre The Dubai International Financial Centre (DIFC) is a special economic zone in Dubai covering , established in 2004 as a financial hub for companies operating throughout the Middle East, Africa, and South Asia (MEASA) markets. DIFC is regulated ...

. He was named as deputy ruler in February 2008 when his elder brother Hamdan was made crown prince. He served as deputy ruler alongside his uncle Sheikh

until the latter's death in March 2021. Since then until 2023, he was the sole deputy ruler under his father

's reign. In April 2023, his younger brother Sheikh Ahmed bin Mohammed Al Maktoum was also named deputy ruler. In September 2021, he was appointed Deputy Prime Minister and Finance Minister of the UAE.

Appointments

In 2017, he was appointed as Chairman of the Dubai Real Estate Corporation. In May 2018, he was sworn in as President of the Financial Audit Authority (FAA). On 15 May 2021, he was appointed as Chairman of the Ruler's Court. In 2021, Mohammed bin Rashid Al Maktoum, the ruler of Dubai, assigned Maktoum bin Mohammed bin Rashid Al Maktoum to supervise the financial markets and stock exchanges in Dubai. In November 2021, Maktoum bin Mohammed listed Dubai's road toll system Salik on the

Dubai Financial Market The Dubai Financial Market (DFM) () is a stock exchange located in Dubai, United Arab Emirates. It was founded on 26 March 2000. Overview , there are 67 companies listed on DFM. Most of them are United Arab Emirates, UAE-based companies and a fe ...

. In May 2021, he was appointed as Chairman of the Court of the

Ruler of Dubai The ruler of Dubai () is the position of the hereditary monarch and head of government of the Emirate of Dubai. The Ruler is also considered the head of the House of Maktoum, the royal family of Dubai and one of the six ruling families of the ...

. He was appointed Chairman of the Dubai Culture and Arts Authority (DCAA) in 2015. The DCAA is also known as Dubai Culture and is tasked with managing the heritage of Dubai.

Decisions as Minister of Finance

In November 2021, Maktoum formed the Dubai Markets Supervisory Committee, which he chairs, to develop strategy and policy for the Dubai Financial Market. Also in November 2021, he launched the Future District Fund, worth AED 1 billion, to invest in technology start-ups and incentivizing technology companies to list in the Dubai Financial Market. The Fund's set target was to establish 1,000 companies within five years of its setup. Maktoum appointed Sharif El-Badawi as CEO of the Future District Fund. In October 2021, Maktoum bin Mohammed bin Rashid Al Maktoum, along with his father and three brothers, launched the Hatta Master Development Plan to develop the Hatta region as a business and tourism hub.

Personal life

On 15 May 2019, he married Maryam bint Butti bin Maktoum Al Maktoum, on the same day that his brothers Hamdan and

Ahmed Ahmad () is an Arabic male given name common in most parts of the Muslim world. Other English spellings of the name include Ahmed. It is also used as a surname. Etymology The word derives from the root ( ḥ-m-d), from the Arabic (), from ...

also married. On 6 June 2019, he and his brothers celebrated the royal wedding together at the Dubai World Trade Center. Together with his wife, he has three daughters: *Hind bint Maktoum Al Maktoum (born 24 November 2020). *Latifa bint Maktoum Al Maktoum (born 11 January 2022). *Shaikha bint Maktoum Al Maktoum (born 25 January 2023).

Award

The Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum Cambridge ICT Awards recognize outstanding academic achievements among students in the UAE based on Cambridge

IGCSE The International General Certificate of Secondary Education (IGCSE) is an English language based secondary qualification similar to the GCSE and is recognised in the United Kingdom as being equivalent to the GCSE for the purposes of recognising ...

, AS Level and A Level examinations. The awards also honor inspirational teachers.

References

External links

* *Official Website o
Maktoum bin Mohammed Al Maktoum
{{portalbar, Biography, United Arab Emirates 1983 births Maktoum Mohammed Rashid Emirati princes American University in Dubai alumni Deputy prime ministers of the United Arab Emirates Finance ministers of the United Arab Emirates Rashid School for Boys alumni People from Dubai Living people Sons of monarchs Children of prime ministers of the United Arab Emirates