His Highness The Emîr Sheikh (صاحب السمو الأمير والشيخ) Rashid bin Saeed Al Maktoum راشد بن سعيد آل مكتوم |
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Sheikh Rashid Al Maktoum (far left) in a meeting with Adi Bitar (centre left), Sheikh Mohammad Al Maktoum (centre right), and Sheikh Maktoum Al Maktoum (far right) in Dubai 1968
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Emir of Dubai | |
Reign 10 September 1958 – 7 October 1990 |
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Preceded by | Saeed II |
Succeeded by | Maktoum III |
Vice President of The United Arab Emirates | |
In office 2 December 1971 – 7 October 1990 |
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President | Zayed bin Sultan Al Nahyan |
Preceded by | post established |
Succeeded by | Maktoum III |
Prime Minister of the United Arab Emirates | |
In office 25 April 1979 – 7 October 1990 |
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President | Zayed bin Sultan Al Nahyan |
Deputy |
Hamdan bin Mohammed Al Nahyan Maktoum bin Rashid Al Maktoum |
Preceded by | Maktoum bin Rashid Al Maktoum |
Succeeded by | Maktoum bin Rashid Al Maktoum |
Personal details | |
Born | 1912 Dubai, Trucial States |
Died | 7 October 1990 (aged 78) Dubai, United Arab Emirates |
Nationality | Emirati |
Spouse(s) | Sheikha Latifa bint Hamdan bin Zayed al Nahyan |
Children |
Maktoum bin Rashid Al Maktoum Hamdan bin Rashid Al Maktoum Mohammed bin Rashid Al Maktoum Ahmed bin Rashid Al Maktoum Latifa bint Rashid Al Maktoum Fatima bint Rashid Al Maktoum |
Parents |
Saeed bin Maktoum bin Hasher Al Maktoum Sheikha Hessa bint Al Murr |
Religion | Islam |
Father | Saeed bin Maktoum Al Maktoum |
Rashid bin Saeed Al Maktoum pronounced Râshid bin Sa`îd Âl Makṫûm (1912 – 7 October 1990) (Arabic: راشد بن سعيد آل مكتوم) was the Vice-President and Prime Minister of the United Arab Emirates and Emîr (Arabic: أمير) (Ruler) of Dubai. He ruled for 32 years from 1958 until his death in 1990.
Sheikh Rashid bin Saeed Al Maktoum was responsible for the transformation of Dubai from a small cluster of settlements near the Dubai Creek to a modern port city and commercial hub. His famous line, "My grandfather rode a Camel, my father rode a Camel, I drive a Mercedes, my son drives a Land Rover, his son will drive a Land Rover, but his son will ride a Camel," reflected his concern that Dubai's oil, which was discovered in 1966 and which began production in 1969, would run out within a few generations. He therefore worked to develop the economy of Dubai so that it could survive after the end of oil production, and was a driving force behind a number of major infrastructure projects to promote Dubai as a regional hub for trade:
Dubai remained in a stand-off with Abu Dhabi at the time Sheikh Rashid became Ruler of Dubai following the armed border dispute between the two emirates in 1946, and he established a close relationship with Qatar. Sheikh Rashid's daughter married the Emir of Qatar in 1961. In 1966, India devalued the rupee, and Qatar and Dubai adopted the Gulf rupee as a common currency, whilst Abu Dhabi adopted the Bahraini dinar.
The Emir of Kuwait assisted in the financing of the Dredging of the Creek, along with a popular issue of bonds, the 'creek bonds' and revenue derived from land reclamation made possible by the dredging. The project resulted in Dubai's rising prominence as an entrepôt, a position cemented by the visionary construction of a 15-berth deep water port, Port Rashid, starting in 1969