New Deputy Prime Minister for Financial and Economic Affairs

Maktoum bin Mohammed- Deputy Prime Minister for Financial and Economic Affairs

Maktoum bin Mohammed has been designated as the Deputy Prime Minister for Financial and Economic Affairs in the UAE following a cabinet reshuffle announced on January 6. The reorganization, disclosed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister of the UAE, and Ruler of Dubai, signifies a new era in the country’s leadership and administration.

The announcement of the reshuffle was made via Sheikh Mohammed’s official X account, with his tweet stating, “With the approval of my brother, President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and following consultations with him, we are pleased to announce a series of ministerial reshuffles in the UAE government.”

In this pivotal role, Sheikh Maktoum bin Mohammed will oversee the crucial Financial and Economic Affairs sector in the Federal Government. Sheikh Mohammed praised Sheikh Maktoum’s demonstrated leadership during his tenure at the Ministry of Finance, emphasizing his adept management of various economic and commercial matters that played a key role in maintaining a balanced approach to financial policies at both local and federal levels.

Expressing full confidence in Sheikh Maktoum’s capabilities, Sheikh Mohammed remarked, “We have full confidence in his ability to lead our federal economic, commercial, and financial team towards new achievements, nurturing young economic leaders, and continuing our commitment to sound fiscal policies that bolster the nation’s economic growth.”

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