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Distantly related to Dubai Ruler Sheikh Mohammed Bin Rashid, Sheikh Ali announced plans to set up a $500m family office in the Chinese territory in March, but that now appears to have been pushed back until late May. 

United Arab Emirates (UAE)
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Dubai’s transport sector was badly affected as more than one year’s worth of rain fell in a day across the UAE, leaving a clean-up operation that is likely to be expensive, although the authorities are trying to shield locals from much of the initial cost.

United Arab Emirates (UAE)
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Output at the offshore Belbazem block,  which consists of the Belbazem, Umm Al-Salsal and Umm Al-Dholouis fields, is due to ramp up to 45,000 b/d, helping Abu Dhabi National Oil Company on its way to reaching its target of 5m b/d production capacity by 2027.

United Arab Emirates (UAE)
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Abu Dhabi sovereign wealth fund ADQ is buying a 49% stake in Alpha Dhabi Construction Holding, following a major real estate deal involving ADQ and IHC, another part of national security adviser Sheikh Tahnoun Bin Zayed’s business empire.

United Arab Emirates (UAE)
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The G42 artificial intelligence company chaired by UAE national security adviser Sheikh Tahnoun Bin Zayed Al-Nahyan has raised funds from the US tech giant in return for an unspecified shareholding and a seat on the board.

United Arab Emirates (UAE)
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Former military officer Sheikh Zayed Bin Hamdan, who suffered serious injuries in a helicopter crash in Yemen in 2017, has become an influential official with a role in some of the most sensitive media and AI dossiers backed by his Bani Fatima uncles.

United Arab Emirates (UAE)
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A fund owned by Abu Dhabi conglomerate Chimera Investments’ Lunate has acquired a 40% stake in Adnoc Oil Pipelines from private equity giants BlackRock and KKR, in a move to take overwhelming control of a strategic local asset.

United Arab Emirates (UAE)
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UAE national security advisor Sheikh Tahnoun Bin Zayed Al-Nahyan (TBZ) controls a $1trn-plus investment empire that, mixing private and public funds, is in full expansion mode. Although now widely commented on, the structure of Tahnoun’s business empire and the identities of those individuals who work most closely with TBZ often remain opaque, as is the nature of financial links with his powerful Bani Fatima brothers.

United Arab Emirates (UAE)
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The Saudi government is reportedly scaling back its ambitions for some vastly expensive megaprojects, such as The Line linear city in Neom, in a sign that Riyadh is still struggling to attract the amount of foreign direct investment needed to underpin Crown Prince Mohammed Bin Salman’s long-term economic reform agenda, while the UAE leads rivals in drawing in FDI.

Saudi Arabia | Bahrain | United Arab Emirates (UAE)
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The opening of another field hospital in Chad and talk of a ‘foreign legion’ project have led to renewed focus on the UAE’s involvement in the Sudan conflict and Abu Dhabi’s efforts to extend its influence in Africa and other parts of President Mohammed Bin Zayed’s ‘near abroad’

United Arab Emirates (UAE)
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First among equals in the UAE – as well as a major player in an expanding ‘near abroad’ – President Mohammed Bin Zayed Al-Nahyan (MBZ) and his Bani Fatima brothers dominate national politics and business. MBZ and his siblings are among the first in a major series of profiles of Abu Dhabi’s Al-Nahyan family.

United Arab Emirates (UAE)
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More than 1,500 prisoners were pardoned by King Hamad Bin Isa All-Khalifa on 8 April to mark Eid Al-Fitr, a majority of whom appear to be political prisoners.

Bahrain | Oman | United Arab Emirates (UAE)
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Ajman Ruler Sheikh Humaid Bin Rashid Al-Nuaimi launched the Ajman Principles document in early March, covering areas such as sustainability, inclusivity, accountability and government agility.

United Arab Emirates (UAE)
Issue 1186 - 09 April 2024

UAE: Hamed Bin Zayed Al-Nahyan profile

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One of the Bani Khaili brothers, Abu Dhabi Investment Authority MD Hamed Bin Zayed has long played a key role in Abu Dhabi’s economic development and also has his own business interests.

United Arab Emirates (UAE)
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Sheikh Hazza Bin Sultan, son of the late Sultan Bin Zayed Al-Nahyan became a member of the advisory board of an Islamic cryptocurrency venture in February 2023.

United Arab Emirates (UAE)