Sheikh Mohammed bin Rashid Al Maktoum, Dubai has transformed from a sleepy little coastal village into a world-class city, famous for its ambition, drive, and economic promise. He is the founder, partner and visionary behind companies such as Emirates Airlines, an airline based in UAE, with more than 100 destinations, Nakheel, the property developer who built a trilogy of artificial islands, and DP World, a leader in the International Marine Terminal operations. Despite the political Instab surrounded by … Read more »

Sheikh Mohammed bin Rashid Al Maktoum, Dubai has transformed from a sleepy little coastal village into a world-class city, famous for its ambition, drive, and economic promise. He is the founder, partner and visionary behind companies such as Emirates Airlines, an airline based in UAE, with more than 100 destinations, Nakheel, the property developer who built a trilogy of artificial islands, and DP World, a leader in the International Marine Terminal operations. Despite the surrounded by the political instability in the Middle East, followed Sheikh Mohammed capitalism and Western culture embraces, while maintaining security for millions of tourists annually. By 2010, Dubai was the world’s tallest building, the most expensive hotel, and the biggest shopping center. But rapid development did not come without difficulties. While hundreds of thousands emigrated to help the city, suffered working conditions and some local Emirates felt like they lost aspects of their cultural identity. The growth was faster, the infrastructure was weak, and the housing bubble grew as the financial crisis loomed. To produce to promote the economic, social and cultural prosperity for the people of Dubai, Sheikh Mohammed had to balance his role as a business leader and a political ruler.
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from
Anthony J. Mayo,
Nitin Nohria,
Umaimah Mendhro,
Johnathan Cromwell
Source: HBS Premier Case Collection
31 pages.
Release Date: 1 February 2010. Prod #: 410063-PDF-ENG
Sheikh Mohammed and the Making of ‘Dubai Inc’ HBR case solution

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