Mohammed bin Rashid: Mohammed Saeed Al Mulla served his countrymen and left his mark on the march of his country

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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God protect him, mourned the death of Mohammed Saeed Al Mulla, a former minister and an influential economist who passed away yesterday.

Yesterday, His Highness said in a tweet via Twitter: “Today, brother Muhammad Saeed Al-Mulla landed his departure with his Lord.

His Highness added, “Muhammad Al-Mulla contributed with his generation in building the state of the union, served his countrymen in all his positions, and made his mark on the economic march of his country. He has supplication from us, and from his Lord is mercy and forgiveness.”

His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, and His Highness Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah, performed at the Al Quoz Cemetery Mosque, yesterday afternoon, the funeral prayer for the body of the late Muhammad Saeed Al Mulla, who moved next to his Lord yesterday.

His Highness, the Ruler of Ras Al Khaimah, and His Highness, the Crown Prince of Ras Al Khaimah, expressed their sincere condolences to the families of the deceased, praying to God Almighty to bless him with the abundance of his mercy, to dwell him in his spacious gardens, and to inspire his family and relatives patience and solace.

Emirati model

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, said on his Twitter account: “May God have mercy on Muhammad Saeed Al Mulla. The business and finance sector, and he was one of the influential economists in Dubai.

In his Twitter account, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, said: “Today, the UAE and Dubai lost Mohammed Saeed Al Mulla, who was an example of patriotism and sincerity. He made great contributions to government work, and achieved many achievements in the economic field and the business sector. We ask God to bless the deceased with the abundance of his mercy.”

His Excellency Dr. Anwar bin Muhammad Gargash, the diplomatic advisor to His Highness the President of the State, said via Twitter: “Today, the late Muhammad Saeed Al Mulla, a former minister and prominent businessman, and one of the men who worked sincerely to achieve the vision of the late Sheikh Zayed bin Sultan and his brothers, the rulers of the Union, left us. With his departure, we lost A patriotic figure who served her country with all sincerity and loyalty .. My sincere condolences to the family of the deceased, asking God to bless him with the abundance of his mercy.

national lexicon

The late Muhammad Saeed Al Mulla, the former minister, is considered one of the loyal men of the Emirates, and a patriotic figure who served her country with sincerity and loyalty, and his life was full of giving, in which he witnessed the transformations of the United Arab Emirates.

Al Mulla was one of the influential economists in Dubai and left his mark in the financial and business sector. He was among the first Emirati men who lived through the transformations of the Emirate of Dubai, and witnessed its developments and its transformation into a center of attraction and a destination that attracts the attention of the world.

Al Mulla was born in the city of Dubai, and is considered the first Chairman of the Board of Directors of the Dubai Chamber of Commerce and Industry, and played a prominent role in establishing the first national bank in partnership with a number of prominent Dubai merchants, in addition to holding the position of Minister of Transportation, and he was keen to support many young people during their career in the field of money Business, out of service and love for the country.

In 1963, Al-Mulla contributed a prominent role in establishing the first national bank in partnership with a number of prominent merchants in the emirate at the time, to launch (National Bank of Dubai), which was preceded by the banking business in Dubai only a branch of the British Bank that had started its activity in 1946.

Positions and assignments

Al Mulla held the position of the first Chairman of the Board of Directors of the Dubai Chamber of Commerce and Industry in 1965, which was established in that year in order to play a vital role in improving the business climate and supporting and protecting the interests of the business community in the emirate.

Al Mulla is also considered one of the founders of «Dubai Post», which issued the first set of postage stamps in the name of the Trucial States in January 1961, and one of the founders of the Emirates Telecommunications Company (Etisalat), which was established on August 30, 1976, and he served as the first chairman of its board of directors.

Al-Mulla received the portfolio of the Ministry of State for Union and Gulf Affairs and the portfolio of electricity by proxy, in the first cabinet formation in the UAE headed by the late Sheikh Maktoum bin Rashid Al Maktoum, may God have mercy on him.

In the second ministerial formation in 1973, he was assigned the transportation portfolio. And when the late Sheikh Maktoum reconstituted the federal government for the third time in 1977, he kept Al Mulla as Minister of Transportation, and so did Sheikh Rashid bin Saeed Al Maktoum, may God have mercy on him, in 1979 when he headed the fourth federal government.

Al-Mulla retained the same ministerial portfolio in the fifth formation in 1990, headed by Sheikh Maktoum, and he continued to hold the responsibilities of the transportation portfolio from 1973 to 1997. He also remained Chairman of the Board of Directors of Emirates Transport from 1981 to 1997.

Emirates constitution

The late Sheikh Zayed bin Sultan, in his capacity as President of the United Arab Emirates, issued Resolution No. 2 of 1975, on the second of May of the same year, to form a founding committee to prepare a draft permanent constitution for the state.

In the first article of the decision, the names of the members of the founding committee were mentioned, and it included 28 personalities from the country’s high status, recognized competence, and bright national history, and the name of Muhammad Saeed Al Mulla was among those names. Thus, Al-Mulla contributed to the formulation of the state’s legislation by preparing a constitution worthy of it and its aspirations, in partnership with other men of the Emirates.

The late Muhammad Saeed Al Mulla began his working life in trading gold with India, as is the custom of many people of the Arab Gulf in the thirties, forties and fifties, then he worked as a contractor in the building and construction sector through a company he established in Abu Dhabi in the mid-sixties of the twentieth century, thanks to his efforts and the mastery of his workers. In terms of implementing the projects entrusted to them with accuracy and high quality, his reputation became popular and his financial conditions improved, and he became close to the wise leadership, as evidenced by assigning the task of building the first palace for the late Sheikh Zayed bin Sultan in Al Ain to his company.

In 1978, Al-Mulla decided to devote himself to his own business with the participation of his children, so on February 1, 1978, a decree was issued by the late Sheikh Rashid bin Saeed Al Maktoum, may God have mercy on him, approving the establishment of a limited liability joint stock company under the name “Mohammed Saeed Al Mulla and Sons Private Limited Company” with a capital 500 million dirhams, divided into 500,000 shares of 1,000 dirhams each.

Its main purposes were to “own shares and stocks in other companies and to engage in any trade or other business of any kind.”