Maktoum Hasher Maktoum Al Maktoum
Encyclopedia
His Highness Sheikh Maktoum Hasher Maktoum Al Maktoum is a member of Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...

's ruling family. He is a second cousin once removed of Mohammed bin Rashid Al Maktoum
Mohammed bin Rashid Al Maktoum
Mohammed bin Rashid Al Maktoum , also Sheikh Mohammed, , is the Prime Minister and Vice President of the United Arab Emirates , and absolute monarch of Dubai.-Personal life and education:...

, the current ruler of Dubai. Mohammed bin Rashid Al Maktoum
Mohammed bin Rashid Al Maktoum
Mohammed bin Rashid Al Maktoum , also Sheikh Mohammed, , is the Prime Minister and Vice President of the United Arab Emirates , and absolute monarch of Dubai.-Personal life and education:...

's grandfather, Saeed bin Maktoum and Sheikh Maktoum's great-grandfather, Juma'a bin Maktoum were brothers.

Sheikh Maktoum received a BSBA in Finance with Honors from Suffolk University
Suffolk University
Suffolk University is a private, non-sectarian, university located in Boston, Massachusetts and with over 16,000 students it is the third largest university in Boston...

, Boston MA, USA. Sheikh Maktoum serves as CEO of Al Fajer Group which deals in oil barrel manufacture, import/export, textiles, tradeshow management, electromechanical engineering, travel and tourism and construction. He is also President of Al Fajer Properties, the conglomerate’s property arm. Sheikh Maktoum is also presently the Chairman of the Dubai International Holding Company (a private investment firm with extensive experience in natural resources, mining, traditional and renewable energy), Al-Nasr Sports Club, and SHUAA Capital (one of the leading independent full-service investment banks in the MENA region).

As director of Shadar Holdings Sheikh Maktoum helped bring Virgin Megastores, Promod, Pull & Bear, and Bershka
Bershka
Bershka is a company belonging to the Spanish Inditex group , that was created in April 1998 as a new store and fashion concept, aimed at a young target market. It now has 734 stores in 49 countries....

 into the United Arab Emirates
United Arab Emirates
The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...

.

Sheikh Maktoum was the Founder, President and Chairman of the A1 Grand Prix
A1 Grand Prix
A1 Grand Prix was a 'single make' open-wheel auto racing series. It was unique in its field in that competitors solely represented their nation as opposed to themselves or a team, the usual format in most formula racing series. As such, it was often promoted as the "World Cup of Motorsport"...

 racing series. After an extremely successful 1st season of A1GP, during which Maktoum proved it was an exciting new form of motorsport, it was announced on September 29, 2006 that he was to sell his position as Chairman & Director of A1GP. The transfer of his share in the organisation of A1 Grand Prix to RAB Capital was finalized in December 2006.

His Highness Sheikh Maktoum Hasher Maktoum Al Maktoum, has been selected as a Young Global Leader 2007 by the World Economic Forum
World Economic Forum
The World Economic Forum is a Swiss non-profit foundation, based in Cologny, Geneva, best known for its annual meeting in Davos, a mountain resort in Graubünden, in the eastern Alps region of Switzerland....

.

H.H. Sheikh Maktoum Hasher Maktoum Al Maktoum has been awarded the prestigious 'CEO of the Year' honour in the property sector for the Mena region for his successful restructuring of Al Fajer Properties resulting in an incredible turnaround of the company and highly accelerated delivery of its flagship project in 2009.

In the wake of the financial crisis hitting Dubai bonds heading into 2010, Sheikh Maktoum helped calm markets by buying up Dubai bonds before the debt was restructured.

In May 2011, Shuaa Capital announced that Sheikh Maktoum has been appointed Chairman of its Board of Directors, because of his record of successfully supporting business turnarounds.

External links

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