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The volume of seizures of the amphetamine-like stimulant Captagon by Saudi border guards appears to have dropped sharply over the past year – it could be a sign the diplomatic rapprochement with Syria (the main source of the illegal drug) is bearing fruit, or it may just be that the authorities are being less transparent.

Saudi Arabia
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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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Four export deals have been signed by Oman LNG since mid-April, covering more than 4m t/yr of liquefied natural gas supplies and taking the total deal flow so far this year to 4.6m t/yr.

Oman
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Output at the three-field Belbazem block is due to ramp up to 45,000 b/d, helping Abu Dhabi National Oil Company on its wat to reaching its target of 5m b/d production capacity by 2027.

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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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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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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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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The six Bani Fatima brothers have concentrated increasing amounts of power and wealth into their branch of the Al-Nahyan family. This process has accelerated since MBZ succeeded as ruler of Abu Dhabi and president of the UAE. Gulf States Newsletter has profiled all the sons of the late Sheikh Zayed Bin Sultan, with links to several decades worth of detailed reporting from the archive.  

United Arab Emirates (UAE)
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Mohammed Bin Zayed (MBZ)’s supreme authority in both Abu Dhabi and the UAE, long pre-dates his 2022 succession. He and his full Bani Fatima brothers have concentrated power in their hands, and are using it to drive a strong political, diplomatic, economic and security agenda. This influence chart illustrates the Al-Nahyan family tree and the relationships that are central to decision-making in Abu Dhabi and the UAE. Underlined names in the graphic link through to profiles of individual family members.

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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Allies and enemies are anxiously waiting to see if the Israeli government will escalate regional conflict further after more than 300 projectiles were fired from Iran at Israel on 13-14 April in Tehran’s retaliation to the Israeli strike that killed IRGC commanders in Damascus. Most of the drones and missiles were shot down, but a few hit Israeli military bases, causing limited damage.

Iran | Israel | Palestine
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The issue leads with an in-depth look at UAE national security advisor Sheikh Tahnoun Bin Zayed Al-Nahyan's $1trn-plus investment empire. Through its lead article and five linked charts, GSN examines the structure of Tahnoun’s business empire and the identities of those individuals who work most closely with him. Politics coverage also leads with the UAE. GSN presents a new series of profiles of the Al-Nahyan family, including the powerful Bani Fatima brothers – UAE President Mohammed Bin Zayed and sheikhs Hamdan (ruler’s representative in Al-Dhafra region), Hazza (Abu Dhabi deputy ruler), Tahnoun (national security advisor and Abu Dhabi deputy ruler), Mansour (vice president, deputy prime minister and Presidential Court chairman) and Abdullah (foreign minister). GSN's coverage includes a new Al-Nahyan influence chart that focuses on the family relationships that are central to decision-making in Abu Dhabi and the UAE, alongside a second chart focused on all the sons of the late Sheikh Zayed Bin Sultan, including the Bani Fatima brothers. The issue also looks at Kuwait, where elections on 4 April returned a National Assembly that is expected to once again provide resolute opposition to any government. Economy and business coverage focuses on Saudi Arabia, where Crown Prince Mohammed Bin Salman’s government is reportedly scaling back some of its vastly expensive megaprojects, such as The Line in Neom, in a sign that Riyadh continues to struggle to attract the foreign direct investment it needs for MBS’ Vision 2030 reform agenda. Energy and industry coverage leads with a look at how wealthy Gulf national oil companies are seeking lower-carbon expansion opportunities across Africa.

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UAE national security advisor Sheikh Tahnoun Bin Zayed Al-Nahyan (TBZ) controls a $1trn-plus investment empire under Royal Group Holding. Sheikh Tahnoun’s empire, mixing private and public funds, is in full expansion mode but many of the entities 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. This chart shows the links between these business interests, with links through to wider Gulf States Newsletter analysis and profiles of key parts of the investment empire.

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)