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Powerful UAE Royal Adds $790 Billion Fund to Sprawling Empire

Sheikh Tahnoon becomes chairman of $790 billion fund ADIA
He’s also UAE national security adviser and head of top bank

Sheikh Tahnoon bin Zayed Al Nahyan — Sheikh Tahnoon bin Zayed Al Nahyan
Photographer: Vahid Salemi/AP Photo

By

Abeer Abu Omar and

Nicolas Parasie

March 9, 2023, 12:23 PM UTCUpdated onMarch 9, 2023, 2:31 PM UTC

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Sheikh Tahnoon bin Zayed Al Nahyan will become chairman of Abu Dhabi’s $790 billion sovereign wealth fund, consolidating his power beyond roles that include the United Arab Emirates’ national security adviser and head of the country’s largest bank.