Sheikh Maktoum proves the key to Dubai as a financial market this year as he points to the emirate’s sprawling state-owned enterprises. Hamdan is the face of Dubai and the crown prince, but decisions on all issues are made after consultation between the two brothers.”īelongs to HamdanThe crown prince and the charismatic heir, he is the chief marketer in a city built on glitter and its ability to attract capital and millions of tourists. “Hamdan is the chairman and Maktoum is the CEO. “Think of it as a company,” he said Nasser al-SheikhDubai’s former finance chief, who helped steer the emirate through the 2009 debt crisis. They face the task of maintaining Dubai’s position as the Middle East’s pre-eminent business center amid competition from regional rivals and international criticism following Russia’s war in Ukraine. With their 73-year-old father, the ruler of Dubai, giving them more responsibility, Sheikh Hamdan bin Mohammed Al Maktoum, 39, and his brother Sheikh Maktoum, 38, have each carved out a niche.

A few meters behind him, blending into the crowd at an event at the Dubai Expo earlier this year, stood another man who may be less prominent on the city’s social scene, but whose influence is winning praise from foreign investors while keeping executives under government control.

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