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April 4, 2010 -
Managing director of Abu Dhabi Investment Authority (ADIA), Sheikh Ahmed
bin Zayed al-Nahayan body was located on Tuesday after his ultralight
cashed on On March 26, 2010. Ahmed was flying in a two seat ultralight
plane when he and his pilot crashed into a lake near the Sidi Mohammed
bin Abdullah Dam near
An all out rescue
was launched with included search teams from Divers had search into deep muddy waters for five days. Divers efforts were hampered due to the water was muddy as a result of heavy rain the days before the crash and water visibility was extremely poor. Local fishermen are also taking part in the search. At the time Ahmed ultralight plane went down, it was believed that Ahmed was wearing his metal head helmet. Search helicopters were brought in and fitted with medal detectors to assist search personnel. The search helicopters flew up and down the lake in a grid like pattern. The cause of the crash continues to remain unclear and few details have emerged about the accident.
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Sheikh Ahmed bin Zayed al-Nahayan | ||||
Sheik Nasser bin Zayed al-Nahyan -Brother of Ahmed | ||||
On Wednesday Ahmed was buried in his native
Sheikh Ahmed bin Zayed al-Nahayan was born in 1969 in Al-Ain in |
Abu Dhabi
Investment Authority (ADIA), is the world's largest sovereign wealth
fund. ADIA is a sovereign wealth fund owned by On November 26, 2007, ADIA agreed to invest $7.5 billion in Citigroup, the largest United States bank. This deal gave ADIA 4.9% of the New York?based bank, making it the second largest shareholder, with Prince Alwaleed Bin Talal Al Saud of Kingdom Holding of Saudi Arabia the third largest shareholder, with 4.3%.
In 2009 Ahmed was
ranked as the 27th most powerful person in the world by Forbes, in
although Ahmed brother, Sheikh Zayed bin Sultan Al Nahyan is the
Chairman of ADIA. |
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