Money and business

Tahnoun bin Zayed confirms his confidence in the Abu Dhabi Investment Authority’s continued success on the occasion of the fiftieth anniversary of its founding

His Highness Sheikh Tahnoun bin Zayed Al Nahyan, Deputy Ruler of the Emirate of Abu Dhabi and Chairman of the Board of Directors of the Abu Dhabi Investment Authority, expressed his confidence that the Authority will continue its successful path and strengthen its strategic role, coinciding with the fifty-year anniversary of its founding, and in light of the support and care it enjoys of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, “may God protect him.”

His Highness stressed that the vision of His Highness the President of the State, “may God protect him,” formed a fundamental pillar in supporting the Investment Authority, consolidating a national approach based on the sustainability of resources, enhancing readiness for the future, and employing the state’s investment capabilities in a way that protects the nation’s gains, maximizes its development impact in the long term, supports its financial stability, strengthens its credit standing, and expands its ability to continue the comprehensive development process.

His Highness stressed that the late Sheikh Zayed bin Sultan Al Nahyan and the late Sheikh Khalifa bin Zayed Al Nahyan, “may God rest their souls,” had established the approach of preparing for the future by establishing the Abu Dhabi Investment Authority in 1976, making it today one of the most prominent and largest sovereign investment institutions in the world.

His Highness said that the Abu Dhabi Investment Authority is one of the sovereign arms that contributed to building the long-term financial strength of the Emirate of Abu Dhabi, by managing financial assets from a strategic perspective that goes beyond short economic cycles, and focuses on protecting value, developing returns, and expanding the base of opportunities, in a way that enhances the state’s ability to continue the development process with confidence and stability.

His Highness pointed out that the rapid technological transformations, most notably artificial intelligence, open a new phase in the world of investment, whether through the opportunities available in this field, or employing advanced technologies to enhance the quality of analysis, raise the efficiency of portfolio management, and support institutional innovation, while preserving the established investment principles that formed the basis of its success over the past decades.

His Highness expressed his appreciation to all those who contributed to building the journey of the Abu Dhabi Investment Authority since its establishment, stressing that what was achieved during fifty years represents an important national and investment legacy, and a renewed responsibility to continue building on it.

His Highness said that the agency is entering its next phase with greater confidence, based on a proven track record, a clear vision, and advanced institutional capacity, to continue its role in supporting Abu Dhabi’s financial stability, enhancing its credit standing, protecting its gains, and securing a more prosperous and sustainable future for future generations.

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