Saud Bin Saqr Al Qasimi Net Worth 2024, Age, Height, Bio, Birthday, Wiki!
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Saud bin Saqr Al Qasimi Biography
Saud bin Saqr Al Qasimi is one of the most popular and richest Military Personnel who was born on February 10, 1956 in Ras al-Khaimah, United Arab Emirates. Sheikh Saud was born in Dubai on the 10th of February in 1956. Sheikh Saud is the fourth son of Sheikh Saqr bin Mohammed Al Qasimi, his predecessor as the Ruler of Ras Al Khaimah and UAE Supreme Council Member. Sheikh Saud died on October 27, 2010. He finished his primary and secondary schooling within Ras Al Khaimah, and later went to AUB, the American University of Beirut (AUB) in July 1973, to pursue study in the field of economics. In 1975, when the Lebanese civil conflict began to rage within Beirut in 1975 Heikh Saud was transferred into Beirut’s University of Michigan, where He earned a bachelor’s diploma in political science and economics.
Inspiring by the experiences of his private sector success like the rebirth of Gulf Pharmaceutical Industries (Julphar) and the establishment of the world’s most important ceramics producer, RAK Ceramics, Sheikh Saud’s business acumen and economic expertise have led to an unprecedented growth and development throughout the emirate. After Sheikh Saud’s appointment as Crown Prince RAK Government asked the World Bank to examine the options for foreign investment available to the emirate. They have created a comprehensive strategy to develop. The year 2005 was the time when RAK Government and the World Bank organised a conference called “Live and invest to Ras Al Khaimah’ to show investors the huge potential the emirate has to invest in.
In 2007, Sheikh Saud opened the doors of RAK Hospital, a joint Swiss-UAE venture and the first full service private hospital in the emirate.
The Ras Al Khaimah Centre for Advanced Materials (RAK- CAM) was founded under the patronage of Sheikh Saud in late 2007. RAK-CAM is envisioned to become a flagship for advanced Materials science research in the Middle East that addresses critical issues in areas such as alternative energy sources, construction, water purification and environmental preservation. It holds an annual workshop in Ras Al Khaimah called International Workshop on Advanced Materials (IWAM), which brings together scientists and academics from across the globe to discuss advanced materials.
When he returned in Ras Al Khaimah in 1979 sheikh Saud was appointed the Chief of the Court of Rulers to help his father Sheikh Saqr who was the head of the administration of the Sheikhdom. Sheikh Saud was made the Crown Prince, and then Vice Ruler of Ras Al Khaimah when his father sheikh Saqr Bin Mohammed Al Qasimi, unexpectedly fired his brother’s elder half-brother Sheikh Khalid bin Saqr Al Qasimi on June 14, 2003, for his aversion to the 2003 US-led invasion into Iraq. Abu Dhabi, the lead Emirate of the UAE has endorsed the decision and showed that they were in support of Sheikh Saud by sending armored vehicles and vehicles to Ras Al Khaimah. On October 27, 2010, after the death of his father, Sheikh Saqr Bin Mohammad Al Qasimi, who was the ruler of Ras Al Khaimah for 62 years Sheikh Saud was officially proclaimed the Ruler in accordance with an official statement issued by the seven-member federation of United Arab Emirates.
| Name | Saud bin Saqr Al Qasimi |
| First Name | Saud |
| Last Name | Saqr |
| Occupation | Military Personnel |
| Birthday | February 10 |
| Birth Year | 1956 |
| Place of Birth | Ras al-Khaimah |
| Home Town | |
| Birth Country | United Arab Emirates |
| Birth Sign | Aquarius |
| Full/Birth Name | |
| Parents | Saqr bin Mohammed Al Qasimi |
| Siblings | Khalid bin Saqr Al Qasimi |
| Spouse | Not Known |
| Children(s) | Mohammed bin Saud bin Saqr Al Qasimi |
Ethnicity, religion & political views
Many peoples want to know what is Saud bin Saqr Al Qasimi ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Saud bin Saqr Al Qasimi's ethnicity is Not Known. We will update Saud bin Saqr Al Qasimi's religion & political views in this article. Please check the article again after few days.
In 2009, Sheikh Saud set up by Emiri decree the Al Qasimi Foundation for Policy Research, a non-profit quasi-government organisation that aids the social, cultural and economic development of Ras Al Khaimah. The Foundation has a goal of generating a world-class body of research on Ras Al Khaimah and the broader UAE, develop local capacity in the public sector and engage the community in its work. Its initiatives range from studying Arab fathers’ involvement in parenting and philanthropy in education to organizing the Ras Al Khaimah Fine Arts Festival, conducting “English for Life” courses among the population and operating a studio and gallery.
Saud bin Saqr Al Qasimi Net Worth
Saud bin Saqr Al Qasimi is one of the richest Military Personnel from United Arab Emirates. According to our analysis, Wikipedia, Forbes & Business Insider, Saud bin Saqr Al Qasimi's net worth $5 Million. (Last Update: December 11, 2023)
The reforms of Sheikh Saud have improved the GDP per capita of the emirate of AED 35,000 back in 2001, to AED 104,680 by the end of 2018.
When Sheikh Saqr succeeded Sheikh Khalid as the crown prince sheikh Saud at the end of June, 2003 after being exiled Sheikh Khalid initiated an unsubstantiated smear campaign on his younger half-brother, involving the payment of millions dollars US lobbyists as well as the hiring of an English solicitor in order to “undermine the current regime’s standing” in order for Sheikh Khalid to take back the power of Ras Al Khaimah. It culminated the month of October 2010, following the death of Sheik Saqr. Sheikh Khalid returned from exile in London and attempted to launch an unbloody coup, however the UAE government backed Sheikh Saud’s rights to rule the emirate , and Sheikh Saud prevailed.
Sheikh Saud has also sponsored the building of Ras Al Khaimah Medical and Health Sciences University (RAKMHSU) to train future generations of doctors, nurses and pharmacists for the UAE as a whole, helping to address the chronic shortage of nurses in the UAE. The university opened in 2006 with just 22 students but by 2018, it had more than 1,300 students from almost 50 countries.
| Net Worth | $5 Million |
| Salary | Under Review |
| Source of Income | Military Personnel |
| Cars | Not Available |
| House | Living in own house. |
In the years up to 2010, Ras Al Khaimah’s economic policy was marked by expansion, notably in industry through companies such as RAK Ceramics, RAK Ports and RAK Rock, real estate through Al Hamra Group, and business services through Ras Al Khaimah Free Trade Zone. The global financial crisis belatedly reached the UAE. Following Dubai’s de facto default in November 2009, Ras Al Khaimah was heavily hit. In 2010, Sheikh Saud’s new economic adviser Jim Stewart, the CEO of RAK Investment and Development Office, altered Ras Al Khaimah’s economic strategy from debt-fueled growth to austerity. The aim was to bring the 5 billion AED (or 1.37 billion USD) debts of Ras Al Khaimah under control. Sheikh Saud instructed the CEO of RAKIA and RAK Ceramics, Khater Massaad, to sell all global assets, notably in Georgia, where the emirate held shares in three main companies – RAKIA Georgia LLC, Rakeen Development LLC, and RAKIA Georgia Free Industrial Zone. Real estate there and in particular the Port of Poti were labeled “not a strategic asset” in the October 2010 cover story about Khater Massaad, “The Man Who Sold The World”. Similar debt reduction policies started to be applied to other enterprises in which Sheikh Saud personally or Ras Al Khaimah had shares in, the most important being RAK Ceramics. In February 2018, RAK Ceramics recorded profits of 315.5 million AED and debts had reduced from 1.574 billion AED in October 2012 to 1.4 billion AED in 2018. Overall in Ras Al Khaimah since the global financial crisis, debt has been reducing and sustained growth has been witnessed. In 2018, government debt (including that of state-owned enterprises) is expected to fall to a low 20 per cent of GDP, from 33 per cent in 2015. The emirate has also maintained its A/A-1 rating with a stable outlook by both Fitch and S&P for several years.
In recognition of his successes, Sheikh Saud has received several awards, including an Honorary Doctorate from the University of Bolton, UK, in 2010; an Honorary Fellowship of the Jawaharlal Nehru Centre for Advanced Scientific Research in India, in 2013; and an Honorary Doctorate Degree in Economics from Incheon National University, South Korea, in 2018. The award from the University of Bolton was given in recognition of his role in supporting education in the emirate and for attracting leading academic institutions from around the world to Ras Al Khaimah. In November 2018, he was named Visionary Leader of the Year at the Arabian Business Awards in Dubai.
Height, Weight & Body Measurements
Saud bin Saqr Al Qasimi height Not available right now. Saud weight Not Known & body measurements will update soon.
| Height | Unknown |
| Weight | Not Known |
| Body Measurements | Under Review |
| Eye Color | Not Available |
| Hair Color | Not Available |
| Feet/Shoe Size | Not Available |
Additionally, the American University of Ras Al Khaimah was established to facilitate access to world-class higher education in the emirate. The University of Bolton set up its first Middle East campus in the emirate in 2008 and the University of Stirling, UK, established a campus in Ras Al Khaimah in 2018.
The Islah Movement (Al Islah), a reformist political current with ideological though not organizational links to the Muslim Brotherhood, historically had strong support in Ras Al Khaimah but its influence and reach has diminished since it was disbanded in 1994. One of its leaders was the human rights activist and lawyer Muhammad Al-Mansuri (Mohammed Al-Mansoori). He was a legal adviser to Sheikh Saud but was dismissed in December 2009. Later, he was among the so-called UAE 94, a group of reformists tried in the UAE. Al-Mansoori was among 69 people sentenced on 2 July 2013 by the Federal Supreme Court in Abu Dhabi (25 were acquitted) and received a jail term of ten years for “belonging to an illegal, secret organization … that aims to counter the foundations of this state in order to seize power and of contacting foreign entities and groups to implement this plan.”
Who is Saud bin Saqr Al Qasimi Dating?
According to our records, Saud bin Saqr Al Qasimi is possibily single & has not been previously engaged. As of December 1, 2023, Saud bin Saqr Al Qasimi’s is not dating anyone.
Relationships Record: We have no records of past relationships for Saud bin Saqr Al Qasimi. You may help us to build the dating records for Saud bin Saqr Al Qasimi!In 1986, Sheikh Saud became the Chairman of the Ras Al Khaimah Municipal Council. In 1989, he recruited the Swiss-Lebanese engineer Khater Massaad, who helped Sheikh Saud develop comprehensive industrialization plans for Ras Al Khaimah, the most important being the establishment of RAK Ceramics. The company formed when Sheikh Saud and Massaad recognized the potential of exploiting the abundant raw materials in Ras Al Khaimah for use in the production of ceramics. With Massaad as CEO, RAK Ceramics tile and sanitary ware production facilities were created from scratch 15 kilometers southwest of the town of Ras Al Khaimah, at Al Jazira Al Hamra. Relying since its creation in 1991 on inexpensive Asian labor, the company became the largest producer in the world over a period of about 20 years. As of 31 December 2012, Sheikh Saud bin Saqr Al Qasimi personally continues to be the largest individual shareholder (39.88 percent of total shares), while the Government of Ras Al Khaimah benefits from a 4.98 percent stake in RAK Ceramics.
Facts & Trivia
Saud Ranked on the list of most popular Military Personnel. Also ranked in the elit list of famous people born in United Arab Emirates. Saud bin Saqr Al Qasimi celebrates birthday on February 10 of every year.
Sheikh Saud has implemented vast organizational and economic reforms that have transformed RAK into an attractive destination for foreign investment – culminating in a A/A-1 rating over several years by Standard & Poor’s and Fitch.
What did Sheikh Saud bin Saqr Al Qasimi do?
Saud has focused attention on improving education and healthcare. He created the Saqr Overseas Scholarship Program, as part of Al Qasimi Foundation for Policy Research that was founded in 2009, to encourage and enable local men and women to pursue higher education at international universities.
Who is the king of Ras Al Khaimah?
His Highness Sheikh Saud bin Saqr Al Qasimi is the Ruler of the emirate of Ras Al Khaimah.
What are the achievements of Sheikh Sultan Bin Saqr Al Qasimi?
He was a signatory to various treaties with the British, starting with the General Maritime Treaty of 1820 and culminating in the Perpetual Maritime Truce of 1853, which confirmed Sharjah and Ras Al Khaimah as Trucial States.
Who is the Crown Prince of Sharjah?
His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi is the Crown Prince and the Deputy Ruler of Sharjah since 1999. H.H. also chairs the Sharjah Executive Council and the Sharjah Police Science Academy.
Does the UAE have a royal family?
The Nahyan (branch of the House of Al Falahi) are the ruling family of Abu Dhabi. The Maktoum (branch of the House of Al Falasi) are the ruling family of Dubai. The Al Qasimi (also spelled Al Qassimi) families rule two of the seven emirates: Sharjah and Ras Al Khaimah. The Al Nuaimi are the ruling family of Ajman.
You may read full biography about Saud bin Saqr Al Qasimi from Wikipedia.ncG1vNJzZmiZnKGzornOrqqboaKptaWt2GeaqKVfqK62sIyboKdlo5a%2Bs3nApWSqmaOeuqp7