page_title: Mohammad Al Gaz
section_title: Federal roles and philanthropy
hierarchical_section_title: Mohammad Al Gaz / Federal roles and philanthropy
caption_attribution_description: English: AlQazSheikhKhalifaAward
context_page_description: Mohammad Abdallah Al Gaz, was a financier, developer, diplomat, central banker and philanthropist in the early years of the United Arab Emirates. A scion of the House of Al-Falasi, Al Gaz became a member of Dubai's first generation of market-making investors and developers in the 1950s through his partnership with Juma al Majid, ranked among the 100 richest Arabs in 2016.
  In 2012, Sheikh Khalifa bin Zayed Al Nahyan presented Al Gaz with the Spirit of the Union Award for his contributions toward the early development of the UAE.
context_section_description: Post-federation, Al Gaz helped found the National Council and served as the first Deputy Chairman of the Central Bank of the UAE, from the Bank's founding in 1980 into the mid-1990s. Serving under the Chairman Sheikh Suroor bin Mohammad Al Nahyan, Al Gaz was a important in the first two decades of the UAE's economic development.
  Being among the first generation of Dubai business people formed after the crises of the 1930s, Al Gaz tried to move away from the pearl business. He encouraged private investment in public education by building schools, including the Amna bint Wahb Girls School, the Gamal Abdulnasser Boys School, and the Community Schools. He endowed public and private institutions anonymously, and in 1989 developed with Juma Al Majid the United Arab Emirates' first charitable society, Beit Al Khair.
  On April 12, 2016, Mohammed Al Gaz died of cardiovascular failure. Succeeded by eight sons, Al Gaz relinquished the control and management of his holding firm to his eldest son, Abdallah Al Gaz, during his lifetime.
caption: UAE President Sheikh Khalifa presenting Abdallah Mohammad Al Gaz with the Spirit of the Union Award on the behalf of his father, 2012.
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