Tamouh is a member of the prestigious Royal Group, launched in the late 1990s by His Highness Sheikh Tahnoon bin Zayed Al Nahyan, the Chairman of the company. The big question is whether we have seen the high watermark of his influence, the consultant says. MBZhas four other brothers, twosisters and several half-siblings, but it is to Sheikh Tahnoon that he has entrusted the countrys most sensitive foreign-policy filesand stewardship of an extensive business portfolio that includes IHC, the Royal Group conglomerate, investment firm Abu Dhabi Development Holding and the UAEs biggest lender, First Abu Dhabi Bank.
It is part of a trend that has seen him become the most active member of the ruling family whose business interests overlap with the states. Sheikh Tahnoon bin Zayed Al Nahyan is a prominent member of Abu Dhabis royal family and a renowned billionaire businessman. Sheikh Tahnoon has also been at the forefront of the Gulf states battle against coronavirus. How does Russia show harshness to a child? This section is about Living in UAE and essential information you cannot live without. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, congratulated His Highness Sheikh Hazza bin Zayed Al Nahyan and His Highness Sheikh Tahnoun bin Zayed Al Nahyan on their appointment as Deputies Ruler of Abu Dhabi.The Ruler of Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah; H.H. H. H. is known to be the directing force The court ruled Airbus A380 of China Southern Airlines. Sofia Lasky has been with IHC since April 2020, and brings considerable experience in asset management, mergers and acquisitions, private equity, portfolio management, alternative investments, funds, valuation, financing, capital markets and corporate structuring through her 16-year tenure at Royal Group. The line between royals and business [in Abu Dhabi] is getting blurred. 2. Stay updated on the latest news from ADQ and its portfolio of companies, ADQ is an active investor and trusted government partner. archive photo But one consequence of the increased royal presence in business is a narrowing of the space for the private sector in an economy dominated by the state. With the pandemic sharpening Abu Dhabis focus on health, technology and food security, companies affiliated with Sheikh Tahnoon have conducted a series of deals in areas of national strategic interest. Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC), has affirmed that the initiatives and activities carried out by philanthropists and volunteers in the UAE further consolidate the UAE leadership's approach to For a full comparison of Standard and Premium Digital, click here. 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Sheikh Mohamed has also appointed Sheikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister of the United Arab Emirates and Minister of Presidential Court, as UAE Vice-President, alongside His Highness Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. There will be plenty more photo-ops and not all of them so jolly forSheikh Tahnoon in the months and years ahead.Bloomberg, Also read: Why US and India are taking on China with a Middle Eastern Quad, Subscribe to our channels on YouTube & Telegram. - Advertisement -. All rights reserved. Such developments are not dissimilar to ventures in Israel, where veterans of the Israel Defense Forces incubate tech companies while working closely with the IDF and defence industry. Sheikh Hamdan added that the UAE has established a distinctive model of humanitarian and charity work, under the directives of President His Highness Sheikh This biography of a member of a Middle Eastern royal house is a stub. 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A full brother of Sheikh Mohammed bin Zayed, Abu Dhabis crown prince and the UAEs de facto leader, Sheikh Tahnoon manages a sprawling portfolio that straddles national security and the often opaque corporate sector in the oil-rich emirate. If you have a guy who is playing poker and he starts with two aces, better not to play against him, says a foreign executive with years of experience in Abu Dhabi. Hes been given oversight into every aspect of the state that matters, so you have to think that this is a springboard for something, a senior Emirati official said. The appointment of bin Zayed Al Nahyan as Deputy Governor of Abu Dhabi and His Highness Sheikh Khalid bin Mohammed bin Zayed Al Nahyan as Crown Prince of the Emirate of Abu Dhabi demonstrates foresight.Abdel Nasser bin Kalban said, We congratulate Their Highness Sheikhs for deserving this trust, we hope that Almighty God will guide your steps on the path of strengthening the process of progress, building and sacrifice in our beloved motherland and achieving aspirations. ToTok described the allegations as being misleading and outright false. Mohammad Ali 2023 Galadari Printing and Publishing LLC. WebHis Highness Sheikh Tahnoun bin Zayed Al Nahyan - YouTube AboutPressCopyrightContact usCreatorsAdvertiseDevelopersTermsPrivacyPolicy & The companies Sheikh Tahnoon heads, given their scale and the breadth of their interests, will undoubtedly be in the vanguard of that competition. She has overseen the acquisition of numerous companies in a variety of core industries, including real estate, contracting, food processing, preventive healthcare, and capital investments. His Highness Sheikh Tahnoon bin Zayed Al Nahyan has been the Chairman of International Holding Company (IHC) since April 2020. Sheikh Tahnoon was ready to go back home, to Abu Dhabi, and invited Nelson Monteiro to come visit him in the small nation. WebHis Highness Sheikh Tahnoon Bin Zayed Al Nahyan Chairman of ADQ "ADQ makes a visible and significant contribution to Abu Dhabi's economy and the everyday lives of its Our chairman is H.H. UAE President extends personal COP28 invite to President El Sisi of Egypt, ERC constructs 1,000 prefabricated housing units for earthquake victims in Syria. MBZ had been the prime mover behind thethree-year embargo of Qatar by the UAE, Saudi Arabia, Bahrain and Egypt. AJMAN, 29th March, 2023 (WAM) -- H.H. Wise leadership for the present and the future.He continued, We wish the UAE to continue to progress and prosper under his wise leadership, and EGA will continue to support the vision of wise leadership as it is one of the largest domestic companies pioneering economic diversification. It was born out of Sheikh Tahnoons security role, and he has been considered its patron since its inception. Abdul Nasser bin Kalban, CEO of Emirates Global Aluminum, stated that the UAE, under the leadership of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, Protecting God, continues on the path of growth and prosperity. The Board also monitors and ensures the protection of ADQ's assets and investments and the optimal management of risk. You can still enjoy your subscription until the end of your current billing period. These cookies are used to improve your experience and provide more personalized service to you. Terms of Use At the same time, sending Sheikh Tahnoon to Doha spared the Emirati leader the embarrassment of a public backdown. When Saudi Crown Prince Mohammed bin Salmanunilaterally decided to end the riftlate last year, MBZ had no choice butto follow suit. Thursday, Apr 06, 2023 | Ramadan 15, 1444. This website stores cookies on your computer. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Compare Standard and Premium Digital here. As a trusted partner of the Government of Abu Dhabi, ADQ is committed to supporting the leadership's vision to drive growth and achieve higher performance across multiple sectors of Abu Dhabis diversified economy. Sheikh Tahnoon led a high-profile Emirati delegation to Tehran on Monday. The group, chaired by United Arab Emirates National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan, sees this as an opportunity to offload some of its existing equity holdings, reduce its exposure to riskier assets and broaden its global portfolio, according to people familiar with the matter. The Ruler of Ajman expressed his My work has been featured in various media outlets such as The New York Times, USA Today, Bloomberg Businessweek and many more. Copyright 2022 Printline Media Pvt. Mohammed is also a Board Member of the Abu Dhabi Stem Cell Centre, Rabdan Petroleum Trading and TALC Investments. But he adds that the royal could be reaching the peak of his power as the crown princes children, notably Sheikh Khaled bin Mohammed, take up prominent positions in security and economic policy. WebRoyal Group is a conglomerate of 60 large and medium-sized companies based in the United Arab Emirates (UAE). WebSheikh Hamdan added that the UAE has established a distinctive model of humanitarian and charity work, under the directives of President His Highness Sheikh Mohamed bin Those UAE interventions damaged the Gulf states image UN experts have repeatedly accused the UAE of violating an arms embargo on Libya. Part of that is mystique. He has played an integral part in IHC being in the top 10 performers of Abu Dhabi Bourse listed companies. State, with Vice President Sheikh Mohammed bin Rashid Al Maktoum. This was awkward enough without the additional mortification of having to appear in acheery group photographwith the Qatari emir and the Saudi crown prince. Barrack is under indictment for acting as an unregistered foreign agent of the UAE. His interests extend across an array of big businesses: chairman of ADQ, a state holding company set up two years ago which has rapidly become one of the emirates most active investors; he also chairs First Abu Dhabi Bank, the UAEs largest lender, in which the government and ruling family have significant stakes; Royal Group, a conglomerate; and International Holding Company, another conglomerate spanning fisheries to healthcare whose assets quadrupled to about $4bn in 2020, the year Sheikh Tahnoon took over as chair. In the In 2017, the UAE joined Saudi Arabia in a regional embargo against Qatar. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, congratulated His Highness Sheikh Hazza bin Zayed Al Nahyan and His Highness Sheikh Tahnoun bin Zayed Al Nahyan on their appointment as Deputies Ruler of Abu Dhabi. In the UAE, any discussion about succession must be carried outsotto voce, but practically everybody I met during a recent trip to Dubai and Abu Dhabi agreed that MBZ is grooming Sheikh Tahnoon for bigger things. Al Nisr Publishing LLC 2023. Its ties to the state were strengthened when Mubadala, a sovereign investment vehicle chaired by Sheikh Mohammed, took an undisclosed stake in G42 in November. Keep abreast of significant corporate, financial and political developments around the world. some of the guys wanted to do their own stuff., Sheikh Tahnoon was always very interested in business, he adds. Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces; H.H. Tahnoun bin Mohammed Al Nahyan (Arabic: , romanized:ann bin muammad l nahyn) is the Ruler's Representative of the Eastern Region of the Emirate of Abu Dhabi, the United Arab Emirates. I am Emma Sickels, a highly experienced journalist specializing in news and economy. Permanent Mission of Russia describes the shipment of fertilizers via the EU as a positive signal, Olympic champion hopes the rights of Russian gymnasts will be defended, Court forbids Siemens from suing RZD in Berlin over sorting pitch, On April 18, the Moscow City Court will consider WSJ reporter Gershkovichs complaint against the arrest, The Little Mermaid, Melissa McCarthy reveals where the inspiration for Ursula comes from. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, congratulated His Highness Sheikh Hazza bin Zayed Al Nahyan and His Highness Sheikh Tahnoun bin Zayed Al Nahyan on their appointment as Deputies Ruler of Abu About the strong heritage, with which the country managed to place itself among the developed countries in several fields. Activists have alleged his phone was targeted by the security services using spyware produced by Israeli firm NSO Group. A veteran consultant in the region says the confluence of his economic and security roles makes Sheikh Tahnoon the second most influential man in Abu Dhabi, after Sheikh Mohammed. ABU DHABI, 5th April, 2023 (WAM) -- H.H. offers FT membership to read for free. Osama al-Ahdali, who is part of Sheikh Tahnoons executive network of trusted lieutenants in business, according to a person close to the senior member of the ruling family, was until last month listed as a ToTok director. Ruler's Representative Court Eastern Region, "Hassa bint Mohammed bin Khalifa al Nahyan", https://en.wikipedia.org/w/index.php?title=Tahnoun_bin_Mohammed_Al_Nahyan&oldid=1146858434, The Fletcher School at Tufts University alumni, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 27 March 2023, at 11:03. His Highness also chairs a number of leading business groups in the Emirate of Abu Dhabi such as First Bank of Abu Dhabi (FAB), ADQ (formerly, Abu Dhabi Developmental Holding Company PJSC) and the leading Artificial Intelligence and Cloud Computing group, G42. The U.S., historically the protector of the UAE and other Gulf monarchies as well as a major trade partner, is disengaging from the region;Iran, their historical antagonist, is wideningits influence. If you wanted to negotiate a commercial deal with the family, not at the palace, you would approach through Tahnoon, says the foreign executive. In a rapidly changingsecurity landscape, made even more perilous byIranian adventurism,Turkish assertivenessand the Biden administrations determination to reduce U.S. involvement, Sheikh Tahnoons diplomatic mandate is vital to securing the UAEs long-term strategic position. A fast-growing diversified holding company that is redefining the global marketplace. WebThe royal weddings reception was attended by H.H. On one side was Yossi Cohen, head of Mossad, Israels feared overseas spy agency; on the other was Sheikh Tahnoon bin Zayed al-Nahyan, the UAEs national security adviser.
WebAhmed Al Zaabi: "This announcement marks the beginning of new horizons for the UAE in leading the march of the union and elevating the nation to the highest levels of success.".
commentary and analysis you can trust. ADQ's Board of Directors comprises a team of highly qualified leaders who provide strategic guidance and oversight to our management team. For more information, please read our Cookies Policy. On 29 March 2023, his father WebAl Masaood Energys owners and management congratulate His Highness Sheikh Khalid bin Mohammed bin Zayed Al Nahyan (Crown Prince of Abu Dhabi), His Highness Sheikh Saud bin Rashid Al Mu'alla, Supreme Council Member and Ruler of Umm Al Qaiwain, congratulated His Highness Sheikh Hazza bin Zayed Al Nahyan and His Highness Sheikh Tahnoun bin Zayed Al Nahyan on their appointment as Deputies Ruler of Abu Dhabi. By continuing to use our website, you consent to our use of cookies. His business interests might help, too: Several of the companies in his portfolioareweighing billions of dollars in investments in Turkey, which would no doubt put him in good standing withPresident Recep Tayyip Erdogan. Earlier todaymorning, Sheikh Tahnoon arrived in Tehran leading a high-profile Emirati delegation to Iran in an official visit. 0. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman,congratulated His Highness Sheikh Hazza bin Zayed Al Nahyan and His Highness Sheikh Tahnoun bin Zayed Al Nahyanon their appointment as Deputies Ruler of Abu Dhabi. For cost savings, you can change your plan at any time online in the Settings & Account section. Steffen Hertog, a Gulf expert at the London School of Economics, says the leaderships are now more centralised, with more control and less of a power balance between brothers, uncles and nephews.
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