Sheikh Zayed bin Sultan Al Nahyan |
Zayed was born in 1918 and named after his grandfather, Shaikh Zayed bin Khalifa Al Nahyan, who has the longest reign in the emirate's history, ruling Abu Dhabi from 1855 to 1909. His grandfather is also known as “Zayid The Great” and “Zayed the First”, and had played a large role in forging unity between the tribes of Zayed's father, Shiekh Sultan bin Zayed Al Nahyan, ruled At that time, the seven emirates, known then as the seven Trucial States, had been under British influence since 1820. Shaikh Shakhbut assigned Shiekh Zayed to govern Al Ain in 1946 and later in 1953. They both traveled to When oil was discovered in After assuming rulership, Sheikh Zayed introduced a formal government structure, with departments developed to handle specific tasks. Priority was given to build basic housing facilities, schools, health services, and the construction of an airport, a sea port, roads, and a bridge to link When Sheikh Zayed has been re-elected as president at five-year intervals by the Supreme Council Members, who are ruling members of each of the seven emirates. Sheikh Rashid was re-elected vice-president until he died in 1990, at which time his son, Sheikh Maktoum, took his father's place. Sheikh Zayed continues to utilize the oil revenues of Sheikh Zayed's health was deteriorating in the 1990s and he continuously travels to the His religious tolerance of Christians and the freedom given Western workers sojourning in the UAE was in marked contrast to most neighbors in the region and exposed him to criticism. Zayed was most respected around the world for his unifying influence and his drive to make the Emirates one nation. His calls for cooperation extended across the Gulf to Zayed also did not shy away from controversy when it came to expressing his opinion on current events in the Arab world. Troubled by the suffering of Iraqi civilians, he took the lead in calling for lifting sanctions on Iraq imposed by the United Nations in the aftermath of the Iraqi invasion of Kuwait in 1990, despite Kuwaiti displeasure and opposition. Sheikh Zayed was considered one of the wealthiest men in the world. A Forbes magazine estimate put his fortune at around USD $24 billion. The source of this wealth could be almost exclusively attributed to the immense oil wealth of The Sheikh on a 1967 postage stamp Policies and charity At the time the British withdrew from the Persian Gulf, Zayed oversaw the establishment of the Abu Dhabi Fund for Arab Economic Development; through it oil riches were channeled to some forty less fortunate Islamic nations in Asia and Using the country's enormous oil revenues, Sheikh Zayed built up institutions such as hospitals, schools and universities and made it possible for UAE citizens to enjoy free access to them. He also decreed that the State would undertake the cost of foreign health care for those families unable to afford it. Land was also often distributed gratis. However, whilst this policy benefited many landless families, enormously wealthy clans and individuals were given free land grants in proportion to their status and influence with the royal family. His majlis (a traditional Arab consultation council) was open to the public, and as well as discussing national and personal issues, he enjoyed hearing people's opinions on poetry, as well as recitals by new and young poets. His tolerance towards other people and their faiths was evident, and he allowed the building of religious buildings such as churches and temples. This is perhaps one of his most important attributes, which endeared him to the vast multitudes of expatriate workers who make up approximately three quarters of the population of the UAE. Zayed was also an advocate of women's rights and the education and participation of women in the work force, within traditional parameters. His views regarding this issue were considerably more liberal than his contemporaries in the GCC nations. BCCI Scandal In 1972, Agha Hasan Abedi, a Pakistani banker who had set up a new bank called Bank of Credit and Commerce International, approached Sheikh Zayed for investment capital. Abedi had previously set up the United Bank of By 1977, the bank was almost certainly insolvent, using cash from deposits to fund operating expenses, rather than making investments, taking on the attributes of a Ponzi scheme. Within another eight years, the bank reported assets of over $4 billion with over 150 branches in 46 countries. Bank of America reduced its share in the bank, with In 1990, a Price Waterhouse audit of BCCI revealed an unaccountable loss of hundreds of millions of dollars. The bank approached Sheikh Zayed, who made good the loss in exchange for an increased shareholding of 78% of the bank. In December 1991, further investigation found layers of criminal activity taking place through the bank. Around this point in time, Final years In 1999, while he was in a hospital for some tests, the people of the UAE wrote him a personal thank-you letter with 1.5 million signatures. He underwent a kidney transplant in 2000. On 2 November 2004, Sheikh Zayed died, as announced by Abu Dhabi TV. He was believed to be 86 years old. No official cause of death was given; however he had recently been in London undergoing hospital treatment. His eldest son, Sheikh Khalifa bin Zayed Al Nahayan, born in 1948, took an increasing role in the government from the 1990s; he was ratified as president of the United Arab Emirates by his fellow rulers on the Supreme Council directly after his father's death. Shaikh Zayed International Airport located at Rahimyar Khan, Punjab, Pakistan is named in his honor. Criticisms Sheikh Zayed's critics point to the vast sums of the state's wealth that he accumulated for himself and his family, significantly dwarfing the amounts channeled to charitable contributions. Furthermore, that this was not his own wealth that he was distributing, but the nation's. Some of his charitable acts included adopting hundreds of orphans and building several hospitals both in the UAE and abroad (in Europe, Asia, and Legacy Zayed was extremely popular in his home country. He was admired as a relatively simple man who guarded his people's culture and traditions and presented a civilized image of the UAE to the rest of the world; he was the undisputed father of his nation. The flood of emotions at the news of his death was genuine, and felt all over the country, by nationals and non-nationals alike. He was a man respected across the globe, especially in the |
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