Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum ( ar, مكتوم بن محمد بن راشد آل مكتوم; born 24 November 1983) is the

Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...

of the

United Arab Emirates The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia ( The Middle East). It is located at t ...

, Deputy Ruler of

Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...

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 company comprising a number of print, radio and TV channels under its umbrella including: Dubai TV, '' Al B ...

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

Mohammed bin Rashid Al Maktoum Sheikh Mohammed bin Rashid Al Maktoum ( ar, محمد بن راشد آل مكتوم, links=no; ; born 15 July 1949) is the vice president, prime minister, and minister of defence of the United Arab Emirates (UAE) as well as the ruler of Dubai ...

's reign. In September 2021, he was appointed Deputy Prime Minister and Finance Minister of the UAE. Maktoum bin Mohammed bin Rashid Al 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 Dubai-Al Ain Road. The project was launched in May 2006 in liaison with Dubai Knowledge Park. T ...

, inaugurated in 2003.

Biography

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) ( ar, الجامعة الأمريكية في دبي) is a private, non-sectarian institution of higher learning in Dubai, United Arab Emirates, founded in 1995. AUD is accredited regionally as a separate u ...

with a bachelor's degree in Business Administration in 2005. He attended numerous training courses in the Dubai School of Government, as well as

Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ...

. 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 President of the

, Sheikh

Khalifa bin Zayed Al Nahyan Sheikh Khalifa bin Zayed bin Sultan Al Nahyan ( ar,  خليفة بن زايد بن سلطان آل نهيان‎; 7 September 1948 – 13 May 2022) was the second president of the United Arab Emirates and the ruler of Abu Dhabi, serving from ...

, 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 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 b ...

. On 15 May 2019, he married Maryam bint Butti Al Maktoum, on the same day that his brothers Hamdan and Ahmad also married. On 6 June 2019, he and his brothers celebrated the royal wedding together at the

Dubai World Trade Center The Dubai World Trade Centre (DWTC) ( ar, مركز دبي التجاري العالمي), historically called Sheikh Rashid Tower, is a 38-storey and a height 184 m skyscraper in Dubai, United Arab Emirates, which was erected in 1979. It is a purp ...

. Together with his wife, he has a daughter named Hind bint Maktoum bin Mohammed bin Rashid Al Maktoum. She was born on 24 November 2020; her father's thirty-seventh birthday. Their second daughter Latifa was born in January 2022.

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) ( ar, سوق دبي المالي) 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 UAE-based companie ...

. 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, one of the six ruling families of the UAE. The Ruler is also considered the head of the House of Maktoum, the royal family of Dubai. ...

. 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.

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 examination similar to GCSE and is recognised in the United Kingdom as being equivalent to the GCSE for the purposes of recognising prior attain ...

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

References

External links

* *Official Website o
Maktoum bin Mohammed Al Maktoum
{{DEFAULTSORT:Maktoum Bin Mohammed Bin Rashid Al Maktoum 1983 births Maktoum family Emirati princes American University in Dubai alumni Deputy Prime Ministers of the United Arab Emirates Finance ministers of the United Arab Emirates Mohammed bin Rashid School of Government alumni People from Dubai Living people