UAE’s finance minister Hamdan bin Rashid passes away

Sheikh Hamdan bin Rashid Al Maktoum, UAE Minister of Finance and Deputy Ruler of Dubai, has passed away aged 75.

Sheikh Hamdan is the brother of Sheikh Mohammed bin Rashid, UAE Vice President, Prime Minister and Ruler of Dubai.

The Dubai ruler posted a picture of Sheikh Hamdan on Twitter, adding: “We belong to God and to Him we shall return…May God have mercy on you, my brother, my support and my companion.”

For 50 years, Sheikh Hamdan has held the position of Minister of Finance in the UAE since the formation of its first government following the declaration of the federation in 1971.