Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.

'The best is yet to come': Sheikh Mohammed praises UAE's ambition in personal letter


  • English
  • Arabic

Live updates: follow the latest news on UAE National Day 2021

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, said the best has yet to come as the UAE celebrates its 50th anniversary.

Writing a letter to the nation to mark the Golden Jubilee, Sheikh Mohammed said the dreams of Emiratis five decades ago had been realised.

Despite the challenges, everyone should believe in a brighter tomorrow, he said.

The letter was one of seven written by the country's leaders to mark the National Day.

"What at the time may have appeared an unattainable dream, has today emerged as a proud, strong homeland – one that is secure and invincible," said Sheikh Mohamed.

The bigger our dreams, the bigger our accomplishments
Sheikh Mohammed bin Rashid

"What was once a state creation project, which many bet would not survive or grow, has today become a trailblazing and change-making state moving towards the future with greater steadfastness and bigger faith than ever, drawing upon a legacy of five decades of achievements, which left their marks deep in history."

Sheikh Mohammed said the UAE had overcome huge challenges and always had believed that "nothing is impossible".

"Many would ask: 'What is the Emirati recipe for success?' What are the components of the formula of the UAE? How did we succeed where others failed? I would tell you in a nutshell: Our union puts the public interest first; there is no place for selfishness, personal agendas, or factional interests."

Sheikh Mohammed also praised the "Principles of the 50", announced earlier this year to lead the UAE into an even brighter tomorrow.

"If we were to go back 50 years, specifically to Thursday, December 2, 1971, we would find the 'Principles of the 50' echoed in the first historical document that defined the Union's vision, through that key statement issued by the Founding Fathers. The Declaration of the Union is the founding document, and the 'Principles of the 50' is a consolidation document."

Looking ahead, Sheikh Mohammed said the next 50 years would be "more challenging and very ambitious". They will require "creative thinking, distinctive approaches, hard work, exceptional efforts, and significant momentum as we seek new projects and initiatives".

"Being number one is no longer enough as well," said Sheikh Mohammed. "We need to become exemplary role models to be followed. It is not enough to live up to expectations; we must exceed all expectations."

The vice president said everyone was invited to join the UAE on this journey – women, men, youth; citizens and residents for whom the UAE has become a second home.

"The bigger our dreams, the bigger our accomplishments. I wish the people of the UAE a very happy UAE National Day. May every year bring with it bigger achievements and enable us to accomplish more," said Sheikh Mohammed. "The best is yet to come."

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ENamara%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJune%202022%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EMohammed%20Alnamara%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%20%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EMicrofinance%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E16%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFamily%20offices%0D%3Cbr%3E%3C%2Fp%3E%0A
Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

MATCH INFO

Manchester United v Brighton, Sunday, 6pm UAE

Dolittle

Director: Stephen Gaghan

Stars: Robert Downey Jr, Michael Sheen

One-and-a-half out of five stars

While you're here
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%202-litre%204-cylinder%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E153hp%20at%206%2C000rpm%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E200Nm%20at%204%2C000rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E6-speed%20auto%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E6.3L%2F100km%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EDh106%2C900%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
Biog

Age: 50

Known as the UAE’s strongest man

Favourite dish: “Everything and sea food”

Hobbies: Drawing, basketball and poetry

Favourite car: Any classic car

Favourite superhero: The Hulk original

UAE currency: the story behind the money in your pockets

'Of Love & War'
Lynsey Addario, Penguin Press

LOVE%20AGAIN
%3Cp%3EDirector%3A%20Jim%20Strouse%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Priyanka%20Chopra%20Jonas%2C%20Sam%20Heughan%2C%20Celine%20Dion%3C%2Fp%3E%0A%3Cp%3ERating%3A%202%2F5%3C%2Fp%3E%0A
UAE currency: the story behind the money in your pockets
The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Updated: December 01, 2021, 7:46 PM