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Latest News

ADIA boss Sheikh Ahmed missing in plane crash

Sheikh Ahmed bin Zayed al-Nahayan, managing director $700 billion sovereign wealth fund, was on plane that crashed into a lake in Morocco.

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March 26, 2010 11:08 by



Sheikh Ahmed bin Zayed al-Nahayan, managing director of Abu Dhabi Investment Authority (ADIA), is missing after a glider plane crash in Morocco, according to the state news agency WAM.

Sheikh Ahmed is a younger brother of Sheikh Khalifa bin Zayed Al Nahyan, the ruler of Abu Dhabi and UAE president.

ADIA, which is believed to have assets of up to $700 billion, is considered to be among the world’s biggest sovereign wealth funds.

“Sheikh Ahmed bin Zayed al-Nahayan…was in a crash of a glider which was airborne in Morocco. The pilot was rescued and is in good condition. The search for His Highness is still continuing,” WAM said in a statement, adding that the plane had crashed into a lake.

Sheikh Ahmad is also chairman of the board of trustees of the Zayed Foundation for Charity and Humanitarian Works.

Kippreport’s enquiries to ADIA’s spokesman went unanswered late on Saturday.



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6 Comments

  1. Majdi AL Qasim on March 27, 2010 6:36 am

    God Bless Him And Return Him safe to his Family,

     
  2. Majdi AL Qasim on March 27, 2010 6:36 am

    God Bless Him And Return Him safe to his Family,

     
  3. Mohamed Ali on March 28, 2010 7:49 am

    IMay Allah keep him alive and well and make this time easier for his family and for all of us who care. ameen. …
    .

     
  4. faisal on March 28, 2010 8:06 am

    beloved brother Sheikh Ahmed bin Zayed al-Nahayan …almight god bless him let pray 4 him….

     
  5. Pearly on March 28, 2010 11:27 am

    May God Bless & protect Him and and return him safely back to His family. May God give courage and strength to His family .

     
  6. Majed K on March 29, 2010 7:36 am

    May god bring him back to us safe and in good health, lets all pray for him

     

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