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Sheikh Rashid bin Saeed Al Maktoum

His Highness The Emîr Sheikh (صاحب السمو الأمير والشيخ)
Rashid bin Saeed Al Maktoum
راشد بن سعيد آل مكتوم
Adi with the three rulers of Dubai.jpg
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
Emir of Dubai
Reign
10 September 1958 – 7 October 1990
Preceded by Saeed II
Succeeded by Maktoum III
Vice President of The United Arab Emirates
In office
2 December 1971 – 7 October 1990
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
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


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