UAE’s new President: UAE gets new President, Bin Zayed takes office the day after father’s death

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Mohammed bin Zayed Al Nahyan is UAE’s new President: Abu Dhabi’s Crown Prince Mohamed bin Zayed Al Nahyan was elected the new President of the United Arab Emirates (UAE) on Saturday. According to the Khaleej Times report, 61-year-old Mohamed bin Zayed will be the country’s third president after Sheikh Khalifa bin Zayed Al Nahyan, who died on Friday at the age of 73.

Mohamed bin Zayed is also the supreme commander

Sheikh Mohammed is also the Supreme Commander of the United Arab Emirates Armed Forces. He has been elected by the Federal Supreme Council of the United Arab Emirates. He will hold office for a term of five years before being eligible for re-election.

Father died on Friday

Let us tell you that Sheikh Khalifa bin Zayed Al Nahyan, the former President of the Arab Emirates, died on Friday at the age of 73. He held the position of President of the United Arab Emirates and Ruler of Abu Dhabi since November 3, 2004. For the past few months, he was undergoing continuous treatment due to his unwell health. Meanwhile, news of his death came to light on Friday. Confirming the news, the President’s Office said that the President and the ruler of Abu Dhabi died on Friday, May 13.

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The father of the new president had immense wealth

The late President Sheikh Khalifa bin Zayed was also in the limelight due to his wealth. According to a news published in Forbes last year, the net worth of Sheikh Khalifa bin Zayed Al Nahyan is $ 830 billion. To understand this in easy language, see that this amount of money is almost 18 times more than the total budget of Pakistan. Let us tell you that the annual budget of Pakistan is about 45 billion dollars. You will be surprised to know that his wealth also includes private reserves of 97.8 billion barrels of crude oil.

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