Sheikh Mohamed bin Zayed was told of plans to cement the global standing of the Abu Dhabi Investment Authority (Adia) during a high-level meeting on Tuesday.
The Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces was briefed on the key achievements and projects of the organisation at a meeting of its board of directors in the capital.
Sheikh Mohamed was joined by Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, for the talks.
Adia, one of the biggest sovereign wealth funds in the world, has compiled a diverse portfolio in recent years.
Last month, it took a 1.16 per cent equity stake in Reliance Industries' Jio Platforms, which is one of India's leading online companies.
In April of last year, Adia and India's National Investment & Infrastructure Fund agreed to buy a 49 per cent stake in the airport unit of Indian conglomerate GVK Power & Infrastructure.
Another significant deal came only three months later when Adia bought the remaining 25 per cent stake in New York City property 330 Madison Avenue from Vornado Realty Trust, gaining full ownership of the Manhattan property.
Adia, which has owned 75 per cent of the office block close to the Grand Central Station for about three decades, bought the stake through one of its subsidiaries.
Last July, Adia said its 30-year annualised rate of return at the end of 2018 reached 6.5 per cent, while its 20-year annualised rate of return came in at 5.4 per cent.
The biog
Name: Capt Shadia Khasif
Position: Head of the Criminal Registration Department at Hatta police
Family: Five sons and three daughters
The first female investigator in Hatta.
Role Model: Father
She believes that there is a solution to every problem
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
'Avengers: Infinity War'
Dir: The Russo Brothers
Starring: Chris Evans, Chris Pratt, Tom Holland, Robert Downey Junior, Scarlett Johansson, Elizabeth Olsen
Four stars
OTHER IPL BOWLING RECORDS
Best bowling figures: 6-14 – Sohail Tanvir (for Rajasthan Royals against Chennai Super Kings in 2008)
Best average: 16.36 – Andrew Tye
Best economy rate: 6.53 – Sunil Narine
Best strike-rate: 12.83 – Andrew Tye
Best strike-rate in an innings: 1.50 – Suresh Raina (for Chennai Super Kings against Rajasthan Royals in 2011)
Most runs conceded in an innings: 70 – Basil Thampi (for Sunrisers Hyderabad against Royal Challengers Bangalore in 2018)
Most hat-tricks: 3 – Amit Mishra
Most dot-balls: 1,128 – Harbhajan Singh
Most maiden overs bowled: 14 – Praveen Kumar
Most four-wicket hauls: 6 – Sunil Narine
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
The years Ramadan fell in May
The biog
Name: Shamsa Hassan Safar
Nationality: Emirati
Education: Degree in emergency medical services at Higher Colleges of Technology
Favourite book: Between two hearts- Arabic novels
Favourite music: Mohammed Abdu and modern Arabic songs
Favourite way to spend time off: Family visits and spending time with friends
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Scoreline
Ireland 16 (Tries: Stockdale Cons: Sexton Pens: Sexton 3)
New Zealand 9 (Pens: Barrett 2 Drop Goal: Barrett)
