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ADIA Tower At Night
The Abu Dhabi Investment Authority ( ar, جهاز أبوظبي للاستثمار, ADIA) is a sovereign wealth fund owned by the Emirate of Abu Dhabi (in the United Arab Emirates) founded for the purpose of investing funds on behalf of the Government of the Emirate of Abu Dhabi. It manages the Emirate's excess oil reserves and is estimated to manage $790 billion. ADIA's operations have been characterized as secretive and opaque. History In 1967, Abu Dhabi emirate created the Financial Investments Board which operated within its Department of Finance and was responsible for managing the Emirate's excess oil revenues. However, in 1976, Sheikh Zayed bin Sultan Al Nahyan, the founding president of the United Arab Emirates, converted it into the Abu Dhabi Investment Authority. The goal was to invest the Abu Dhabi government's surpluses across various asset classes, with low risk. At the time it was novel for a government to invest its reserves in anything other than gold or short-ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abu Dhabi Investment Authority Tower
Abu Dhabi Investment Authority Tower is a skyscraper in the city of Abu Dhabi, the capital of the United Arab Emirates. It was completed in 2006 and hosts the Abu Dhabi Investment Authority. It has a height of and has 40 floors. See also *List of tallest buildings in Abu Dhabi *Al Hamra Tower The Al Hamra Firduos Tower is a skyscraper in Kuwait City, Kuwait. It is the tallest building in Kuwait. Construction of the skyscraper started in 2005. It was completed in 2011. Designed by architectural firms Skidmore, Owings & Merrill and Ram ... in Kuwait, another skyscraper with a fold-like exterior References Skyscraper office buildings in Abu Dhabi 2006 establishments in the United Arab Emirates Kohn Pedersen Fox buildings {{UnitedArabEmirates-struct-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sultan Bin Zayed Bin Sultan Al Nahyan
Sheikh Sultan bin Zayed bin Sultan Al Nahyan ( ar, سلطان بن زايد بن سلطان آل نهيان; 1953 – 18 November 2019) was an Emirati politician and member of the Al Nahyan family who previously served as the 3rd Deputy Prime Minister of the United Arab Emirates. Early life and education Sheikh Sultan was the second son of Sheikh Zayed bin Sultan Al Nahyan, founder of the UAE. He was born in 1953. His mother was his father's second wife, Sheikha bint Madhad Al Mashghouni. Sheikh Sultan was educated at Millfield School in Somerset, England and was a graduate of Royal Military Academy Sandhurst. His older paternal half-brother Sheikh Khalifa, was the president of the United Arab Emirates (2004-2022), while his other half-brother, Sheikh Mohammed, is the current President of the United Arab Emirates and the Ruler of Abu Dhabi. Career Sheikh Sultan served as the Chairman of the UAE Football Association (1976–1981). In 1990, he was appointed as deputy prime mini ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agencies Established In 1976
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agencies Of Abu Dhabi
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Wealth Funds
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The United Arab Emirates
The economy of the United Arab Emirates (or UAE) is the 5th largest in the Middle East (after Iran, Saudi Arabia, Turkey, and Egypt), with a gross domestic product (GDP) of US$501 billion (AED 1.84 trillion) in 2022. The UAE economy is heavily reliant on revenues from petroleum and natural gas, especially in Abu Dhabi. In 2009, more than 85% of the UAE's economy was based on the oil exports. In 2011, oil exports accounted for 77% of the UAE's state budget. In recent years, there has been some economic diversification, particularly in Dubai. Abu Dhabi and other UAE emirates have remained relatively conservative in their approach to diversification. Dubai has far smaller oil reserves than its counterparts. Tourism is one of the bigger non-oil sources of revenue in the UAE. A massive construction boom, an expanding manufacturing base, and a thriving services sector are helping the UAE diversify its economy. Nationwide, there is currently $350 billion worth of active construction ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abu Dhabi Investment Council
The Abu Dhabi Investment Council (The Council) is an investment arm of the Government of Abu Dhabi. It started operations in April 2007 and is responsible for investing part of the government's surplus financial resources through a globally diversified investment strategy, targeting positive capital returns through an expansive portfolio of highly diversified asset classes and active investment management strategies. History The Abu Dhabi Investment Council was splintered off from the Abu Dhabi Investment Authority (ADIA) in 2007 and took over all local subsidiaries previously owned by ADIA including Abu Dhabi Commercial Bank, National Bank of Abu Dhabi and Abu Dhabi Investment Company (Invest AD). Since Autumn 2013 the Council has been based at Al Bahr Towers. Investment strategy The investment strategy of the Council seeks to achieve superior risk-adjusted returns across the entire capital structure while preserving capital. Although the Council invests globally, there ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khalifa Muhammad Khalifa Al Kindi
Khalifa or Khalifah (Arabic: خليفة) is a name or title which means "successor", "ruler" or "leader". It most commonly refers to the leader of a Caliphate, but is also used as a title among various Islamic religious groups and others. Khalifa is sometimes also pronounced as "kalifa". There were four khalifas after Muhammad died, beginning with Abu Bakr. This was a difficult decision for the people to make, for no one except Muhammad had ever thought with foresight about who would rule after he would die. The ''Khilaafat'' (or Caliphate) was then contested and gave rise to the eventual division of the Islamic Umma into two groups, the Sunni and the Shi'a who interpret the word ''Khalifa'' in differently nuanced ways. The earliest Islamic uses include Khaleefa(ḥ)''' in The Qur'an, 2:30, where Allah commands the angels to bow down to Adam which more clearly guides to the root Classical Arabic meaning of the word as "Vicegerent", or divinely connected representative of Allah i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jouan Salem Al Dhaheri
Jouan Salem Al Dhaheri ( ar, جوعان سالم علي الظاهري ; 1 January 1948 – 27 April 2013) was an Emirati politician. He served as the Secretary General and member of the Supreme Petroleum Council alongside both the Crown Prince of Abu Dhabi and the President of United Arab Emirates. He served on the Board of Etihad Airways and National Bank of Abu Dhabi. He was also the bank’s Chairman of the Executive Committee and Member of Risk Management Committee. Al Dhaheri was also a board member, director of the Abu Dhabi Investment Authority, the largest Middle East sovereign wealth fund. Career Al Dhaheri served on several Abu Dhabi entities including the Executive Council, the Supreme Petroleum Council, Abu Dhabi Department of Finance and Abu Dhabi, Department of Municipal Affairs, and Abu Dhabi Investment Authority (ADIA). In March 2006, Al Dhaheri was appointed as the Chairman of Abu Dhabi Municipalities and Agriculture Department by Amiri decree. As one of the old ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mohammed Bin Khalifa Bin Zayed Al Nahyan
Muhammad ( ar, مُحَمَّد; 570 – 8 June 632 CE) was an Arab religious, social, and political leader and the founder of Islam. According to Islamic doctrine, he was a prophet divinely inspired to preach and confirm the monotheistic teachings of Adam, Abraham, Moses, Jesus, and other prophets. He is believed to be the Seal of the Prophets within Islam. Muhammad united Arabia into a single Muslim polity, with the Quran as well as his teachings and practices forming the basis of Islamic religious belief. Muhammad was born approximately 570CE in Mecca. He was the son of Abdullah ibn Abd al-Muttalib and Amina bint Wahb. His father Abdullah was the son of Quraysh tribal leader Abd al-Muttalib ibn Hashim, and he died a few months before Muhammad's birth. His mother Amina died when he was six, leaving Muhammad an orphan. He was raised under the care of his grandfather, Abd al-Muttalib, and paternal uncle, Abu Talib. In later years, he would periodically seclu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ahmed Bin Zayed Al Nahyan
Ahmed bin Zayed Al Nahyan ( ar, أحمد بن زايد آل نهيان, 1968 – 26 March 2010) was an Emirati businessman and the managing director of the Abu Dhabi Investment Authority. Early life and education Ahmed was born in 1968. He was one of Sheikh Zayed bin Sultan Al Nahyan's 19 sons. His mother was Sheika Mouza. He had four full brothers, including Sheikh Saif and Sheikh Hamed. Sheikh Ahmed was a graduate of the United Arab Emirates University. Career Sheikh Ahmed joined the Abu Dhabi Investment Authority in 1994 and worked there as a European equities analyst. He became its managing director and board member in November 1997. His full-brother Hamed bin Zayed replaced him as ADIA managing director in April 2010. He served as Interior Minister of the United Arab Emirates in 2004. In 2007, Ahmed was appointed the Undersecretary of Ministry of Finance and Industry. Sheikh Ahmed also served as chairman of the board of trustees of the Zayed Foundation for Charitabl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mansour Bin Zayed Al Nahyan
Mansour bin Zayed bin Sultan Al Nahyan ( ar, منصور بن زايد بن سلطان آل نهيان; born 21 November 1970), often referred to as Sheikh Mansour, is an Emirati politician who is the deputy prime minister of the United Arab Emirates, minister of presidential affairs, billionaire and member of the ruling family of Abu Dhabi. He is the brother of the current President of the UAE, Mohamed bin Zayed Al Nahyan, and is married to one of the daughters of Mohammed bin Rashid Al Maktoum, the ruler of Dubai. He is involved in various government-run companies in the UAE. He is chairman of the Ministerial Development Council, the Emirates Investment Authority and the Emirates Racing Authority. He sits on the Supreme Petroleum Council and the Supreme Council for Financial and Economic Affairs. Mansour is a member of the boards of Abu Dhabi National Oil Company and Abu Dhabi Investment Authority (ADIA). He is vice chairman of Mubadala Investment Company, the Emirati st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
