The Supreme Federal Council of the United Arab Emirates on Saturday elected the ruler of Abu Dhabi, Sheikh Mohamed bin Zayed bin Sultan Al Nahyan, as the new president of the United Arab Emirates.
Thus, Sheikh Mohammed (61) became the third president of the United Arab Emirates while it is reported that he has a fortune that reaches the figures of 15 billion dollars, reports Reuters.
The ruler of Dubai and the prime minister of the United Arab Emirates, Sheikh Mohammed bin Rashid al Maktoum, has reportedly agreed with the move and wished Al Nahyan success.
Former United Arab Emirates President Khalifa bin Zayed al Nahyan passed away on Friday, May 13th. The Supreme Federal Council convened today to elect the new president of the United Arab Emirates.