How an ordinary Arab sheikh lives

2024 Author: Henry Conors | [email protected]. Last modified: 2024-02-12 02:46

Who are these richest and wisest rulers, mega-successful entrepreneurs of the Middle East, happy owners of fortunes amounting to billions of dollars, the world's largest investors? They are nothing less than Arab sheikhs. Who are these people? How do Arab sheikhs live? It is about them that the article will be discussed.

The Captivating East

When thinking about the East, we althy rulers and their life on a grand scale, one of the most popular Disney cartoons, Aladdin, comes to mind. I remember this expensive decoration of the ruler's palace, countless rooms with various designs, undisguised riches, and most importantly, endless possibilities.

There is nothing in the world that they could not get, because the most important tool is constantly growing capital, they have in their hands all the material goods that belong to them and their families and have the ability to multiply at an incredible speed and on a huge scale. Only all this is not a magical story invented by Disney writers, but the realities of life of the sheikhs of the United Arab Emirates.

Who are sheikhs

The very word “sheikh” means “elder”, “head of the clan” or “servant of the highest Muslim clergy”. Arab sheikh - the title of the ruler of the emirate and members of his family. In Arab countries, it is inherited or assigned to especially worthy Muslims. Sheikhs are required to be able to interpret the Koran and lead a highly moral lifestyle in accordance with its laws.

Sheikhs of the Middle East

Titled persons in the East are a very we althy noble elite. It so happened that the largest oil fields, bringing in billions of dollars in income, were concentrated in the countries of the Middle East: Saudi Arabia, the United Arab Emirates, Lebanon, Kuwait, Bahrain, etc. How can one not make a billion dollar fortune here? But one should not think that the income of Arab sheikhs depends entirely on the sale of oil. A significant share of the profit is made by investments in the country's economy and international investments.

So, the Arab sheikhs are the richest people with a remarkable mind and a gigantic capacity for work; wise rulers of states, raising the standard of living of their people, but at the same time not forgetting to increase their own fortune.

The very fact that the President of the UAE forgave some of his citizens for debts on loans, simply by paying them himself, speaks of the highest level of well-being and concern for the population of his country.

Entertainment

How do the sheikhs of the United Arab Emirates have fun? Governance leaves some free time, butunlimited financial opportunities allow you to have your own quirks and hobbies, often developing into a business. Participation in Formula 1 races led Sheikh Maktoum to create his own motorcycle racing project, A-1. One of the favorite hobbies is equestrian competitions and, of course, thoroughbred Arabian horses, purchased for fabulous sums and living in luxurious stables. Traditional entertainment in the form of collecting exclusive cars, yachts, palaces, antiques and gold jewelry are replaced by more exotic ones: the creation of artificial rain in the emirate of Abu Dhabi. And if an Arab sheikh is passionate about football, then he immediately buys a club, and a European one at that.

Family Life

About the personal life of sheikhs in Eastern countries is not customary to spread. According to Sharia law, they can have a harem, that is, several wives. And to become the wife of a sheikh is anyone's dream, because the husband gives them gifts from head to toe, giving each of them a palace and providing for them throughout their life in marriage. But how wives live: secular life or in complete isolation - depends entirely on the character of a rich spouse.

The Arab sheikh pays great attention to the education of his sons, because the title and position are inherited by seniority, and the next generation will have to govern the state. It is on this principle that the famous Sheikh Zayed left the title of Emir of Abu Dhabi and his fortune to the current president of the United Arab Emirates.

First President - Emir ZaidIbn Sultan Al Nahyan

Zayd - the heir of Sheikh Sultan, successfully led Al Ain, the oldest city of the Emirates, then headed the largest emirate of Abu Dhabi, which later became the capital. In 1971, out of all the existing emirates, six emirates united into a single state, called the UAE (later one more was added to them), and Zayed, the ruler of the sheikh of Abu Dhabi, was elected president. His wise leadership has kept him in office for nearly 33 years.

The development of oil and gas on the territory of the Emirates was carried out by the British, for which they paid the emirs mere pennies. The we althy Arab Sheikh Zayd, after his election, redistributed income, of course, in favor of his country. The well-being of citizens began to grow sharply. During the presidency of Sheikh Zayed, the desert land of Bedouin nomads turned into a green paradise for billionaires. Huge sums were invested in the educational system, agriculture, and construction. The sheikh was also engaged in charity work: the construction of mosques, the opening of a large number of medical institutions and other things. In 2004, the Arab Sheikh Zayed died at the age of a respectable old man, leaving his successor a fortune of over twenty billion dollars and a prosperous country.

UAE Golden Youth

The offspring of a noble family are being prepared for the future government of the state from childhood, they study at the best eminent foreign universities, and then they are involved in political and economic activities.

Sheikh is a bright representative of the golden youth of the UAEHamdan, son of Sheikh Mohamed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE.

High descent, a net worth of over $18 billion, bachelor status and a charming smile make him one of the world's most enviable suitors.

Sheikh Hamdan bin Mohamed bin Rashid Al Maktoum received his deep knowledge in the UK, and upon his return to his native land began to take part in the politics of the state. His connections with the female sex are shrouded in mystery, we must not forget that he is a sheikh and crown prince and is obliged to lead a moral lifestyle. But hobbies are not hidden, and they are all truly royal: favorite equestrian competitions, where the prince received the gold medal of the World Equestrian Games; Falcon hunting; motor racing “Formula 1”. Fashionable entertainment that increases the level of adrenaline is not alien to him: diving, mountaineering, parachuting. Another Arab sheikh is engaged in photography at a professional level. And, of course, poetry. This is a hobby of many sheikhs. The young billionaire holds key political positions in Dubai and is involved in philanthropy, including being a patron of the Dubai Autism Research Center and head of the Sports Committee.

Conclusion

Sheikhs of the Arab Emirates are wise businessmen. Their we alth is not only the merit of their ancestors. This is the result of well-thought-out and correct business strategies, colossal investments that have been crowned with success and brought multimillion-dollar profits. Realizing that oil resources are not unlimited, they diligently remove the country's economy from dependence on black gold, relying on real estate,tourism and sports - everything that Arab sheikhs love so much and in which they invest fabulous sums with pleasure.