HH Sheikh Ahmed Bin Saeed Al Maktoum | Gulf Business

HH Sheikh Ahmed Bin Saeed Al Maktoum

It was a difficult year for some of the organisations under the watchful eye of Sheikh Ahmed. Currency issues, competition and economic uncertainty resulted in Dubai carrier Emirates posting a 75 per cent drop in first half net profit in November, while the slowing economy saw an end to 16 straight quarters of profit increases…

It was a difficult year for some of the organisations under the watchful eye of Sheikh Ahmed. Currency issues, competition and economic uncertainty resulted in Dubai carrier Emirates posting a 75 per cent drop in first half net profit in November, while the slowing economy saw an end to 16 straight quarters of profit increases at Emirates NBD in Q3. But the Dubai royal still finished the year with plenty to smile about. Passenger traffic at Dubai International Airport was up 7.2 per cent in 2016 to 83.6 million and the chairman of some of Dubai’s largest government vehicles including the Dubai Expo 2020 Higher Committee, told Gulf Business in June that he was optimistic about the opportunities the mega event would bring as it draws ever closer. 

Chairman, Emirates/Emirates NBD

Origin:UAE

Residence:UAE

Sector:Diversified

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