Sheikh Hamdan was born on 25 December 1945. between 1967 and 1968. In Britain, Hamdan bin Rashid Al Maktoum developed an interest in
thoroughbred racing. These years saw a great deal of development in the
UAE. While Dubai and
Abu Dhabi had begun the process of modernisation, it was far from complete; many areas in the remaining five emirates needed electricity, roads, housing, and clean water supplies. As minister of finance and industry, Sheikh Hamdan oversaw such work, while he was also charged with developing the economy and an industrial base. The UAE's rulers understood that the country could not afford to isolate its efforts in the petroleum sector, despite the fact that in 1971 the majority of federal government revenues were derived from this source. In Dubai, Sheikh Rashid also placed his second son in charge of an array of key governmental industrial enterprises, including the Dubai Aluminium Company, Dubai Gas Company, Dubai Cable Company, and Oilfields Supply Center, among others. ==Career==