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Abu Dhabi’s newest sovereign fund takes control of peer ADQ

Abu Dhabi holds vast majority of the UAE’s oil reserves and is home to sovereign funds estimated to collectively manage more than $1.8tn in assets

Reuters
Reuters

30 January, 2026

Abu Dhabi’s newest sovereign fund takes control of peer ADQ
Image credit: Getty Images

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Abu Dhabi’s newest sovereign wealth fund L’imad Holding is taking control of peer ADQ, the government media office said on Friday, a major consolidation that creates a new investment heavyweight in the wealthy emirate under its crown prince.

L’imad’s board was announced earlier this month, chaired by Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, now chairs the merged Li’mad.

Read more-Disney CEO shares first glimpse of Disneyland Abu Dhabi site

The move places hundreds of billions of dollars in state assets including airline Etihad, utilities and ports, under his direct control.

ADQ, which managed $263bn before the merger, had been chaired by Sheikh Tahnoun bin Zayed Al Nahyan, the national security adviser. He also chairs the emirate’s largest sovereign fund, the Abu Dhabi Investment Authority, estimated by sovereign wealth tracker GlobalSWF to manage nearly $1.2tn in assets.

Abu Dhabi holds the vast majority of the UAE’s oil reserves and is home to sovereign funds estimated to collectively manage more than $1.8trn in assets.

ADQ was not immediately available for comment.

Trump threatens 50% tariffs on Canadian aircraft in certification row

Trump said Canada has refused to certify the Gulfstream 500, 600, 700, and 800 jets

Reuters
Reuters

30 January, 2026

Trump threatens 50% tariffs on Canadian aircraft in certification row
Image: Getty Images

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President Donald Trump said on Thursday the US was decertifying Bombardier Global Express business jets and threatened 50 per cent import tariffs on all aircraft made in Canada until the country’s regulator certified a number of planes produced by US rival Gulfstream.

“If, for any reason, this situation is not immediately corrected, I am going to charge Canada a 50 per cent Tariff on any and all aircraft sold into the United States of America,” Trump said of the Gulfstream certification process in a post on Truth Social.

His declaration came amid broader tensions between the neighboring countries after Canadian Prime Minister Mark Carney, citing US trade policy, last week urged nations to accept the end of the rules-based global order that Washington had once championed.

Trump also said he was “decertifying their Bombardier Global Expresses, and all Aircraft made in Canada” until the Gulfstream planes were certified.

That threat, if carried out, would have a drastic impact on US carriers like American Airlines and Delta Air Lines, which rely on Canadian-made airplanes for many of their regional services.

However, a White House official told Reuters that Trump was not suggesting decertifying Canadian-built planes currently in operation. US airline officials told Reuters that FAA officials had made similar statements.

Data provider Cirium said there were 150 Global Express aircraft in service registered in the US, operated by 115 operators and 5,425 total aircraft of various types made in Canada in service registered in the US including narrowbodies, regional jets and helicopters.

Montreal-based Bombardier said it had taken note of Trump’s post on social media and was in contact with the Canadian government. “We hope this is quickly resolved to avoid a significant impact to air traffic and the flying public,” it said.

Airline officials said if the US could decertify airplanes for economic reasons, it would give other countries a powerful weapon and could put the entire aviation system at risk.

“Mixing safety issues with politics and grievances is an incredibly bad idea,” said Richard Aboulafia, managing director of US aerospace management consulting firm AeroDynamic Advisory.

Delta declined to comment. American Airlines, General Dynamics-owned Gulfstream and Carney’s office did not immediately respond to requests for comment.

Path to decertification unclear

Bombardier operates multiple service centers in the United States and has a facility in Wichita, Kansas, where it is growing its defense business. The US is the world’s largest market for business aviation and the Canadian company has about 3,000 employees based there.

IAM, a union representing more than 600,000 workers in North America and thousands of workers in the air transportation and aerospace sector, said Trump’s threats “would cause serious disruption to the North American aerospace industry and put thousands of jobs at risk on both sides of the border.”

It was unclear what planes beyond Bombardier’s Global large-cabin jets would fall under Trump’s increased tariffs, including the Airbus AIR.PA A220 commercial jets made in Canada. Most A220 jets operated by U.S. carriers are produced at an Airbus production line in Mobile, Alabama.

Trump said Canada has refused to certify the Gulfstream 500, 600, 700, and 800 jets. In April, the Federal Aviation Administration and the European Union Aviation Safety Agency certified the Gulfstream G800 jet. Transport Canada, which is responsible for Canadian certification, did not respond immediately to a request for comment.

It was unclear how Trump would decertify the planes since that is the job of the Federal Aviation Administration, but he has made similar declarations in the past that were ultimately carried out, often with exemptions, by relevant agencies.

It does not appear the FAA has the legal authority to revoke certifications for planes based on economic reasons, as it can only do so for safety reasons under existing regulations. The FAA declined immediate comment.

Certification process

Under global aviation rules the country where an aircraft is designed, the US in Gulfstream’s case is responsible for primary certification known as a type certificate, vouching for the design’s safety.

The FAA in December certified Bombardier’s Global 8000 business jet, the world’s fastest civilian plane since the Concorde with a top speed of Mach 0.95, or about 729 mph (1,173 kph). It was initially certified by Transport Canada on November 5.

Other countries typically validate the decision of the primary regulator, allowing the plane into their airspace, but have the right to refuse or ask for more data. Following a Boeing 737 MAX crisis, European regulators delayed endorsement of some US certification decisions and pressed for further design changes, sparking tensions with the FAA.

Due to US tariffs on key Canadian imports, Carney is pushing to diversify trade away from the United States, which takes around 70% of all Canadian exports under terms of the US-Mexico-Canada free trade deal.

Read: Gold, silver hit record highs after Trump threatens tariffs on Europe over Greenland

Royal Air Maroc secures 13 Boeing 737-8 aircraft from Dubai Aerospace Enterprise

DAE currently owns, manages, or is committed to own or manage approximately 750 aircraft, including 237 Boeing aircraft

Gulf Business
Gulf Business

30 January, 2026

Royal Air Maroc secures 13 Boeing 737-8 aircraft from Dubai Aerospace Enterprise
Boeing 737-8 aircraft/Image: Dubai Media Office

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Dubai Aerospace Enterprise (DAE) has reached an agreement with Royal Air Maroc for the lease of 13 new Boeing 737-8 aircraft, further supporting the airline’s fleet expansion strategy. The aircraft are scheduled for delivery in 2027.

The latest agreement builds on an earlier transaction between the two parties, under which DAE leased two Boeing 737-8 aircraft to Royal Air Maroc, delivered in 2025.

Commenting on the agreement, Firoz Tarapore, chief executive officer of DAE, said, “We would like to thank the team at Royal Air Maroc for choosing DAE to partner on this significant fleet expansion project. The Kingdom of Morocco is a fast-growing tourist and business hub in Africa, with expanding air connectivity led by Royal Air Maroc. We look forward to seeing these new Boeing 737-8 aircraft enter the fleet, and to continuing to support Royal Air Maroc on their future fleet requirements.”

Abdelhamid Addou, chairman and chief executive officer of Royal Air Maroc, added: “This agreement is fully aligned with Royal Air Maroc’s strategic ambition to become a leading global connector. The Boeing 737-8 Aircraft will strengthen our network development capabilities, enabling new route openings and increased frequencies with greater operational efficiency. It also enhances our flexibility to serve growing demand while delivering reliable connectivity between Africa, Europe, and beyond.”

DAE currently owns, manages, or is committed to own or manage approximately 750 aircraft, including 237 Boeing aircraft. The company continues to expand its portfolio to meet rising global demand for modern, fuel-efficient aircraft.

Read: Emirates adds retrofitted Boeing 777s with Premium Economy on key routes

The hidden biology behind Ramadan brain fog

New insights by Aly Rahimtoola, founder of health-tech firm Bien-Etre, suggest sleep disruption and cellular energy play a far bigger role in how people feel and perform during the fasting month

Rajiv Pillai
Rajiv Pillai

30 January, 2026

The hidden biology behind Ramadan brain fog
Aly Rahimtoola, founder of Bien-Etre/Image: Supplied

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Each Ramadan, employers across the Middle East see a familiar pattern: capable professionals reporting fatigue, brain fog, and reduced focus—despite eating balanced meals at Suhoor and Iftar. While diet often takes the blame, the underlying issue is far more complex and increasingly tied to how the body produces energy at a cellular level.

According to Aly Rahimtoola, founder of Bien-Etre, the first mistake is assuming food is the primary problem.

“Your body runs on glucose from your liver for the first few hours of fasting,” Rahimtoola said. “As the day goes on, you flip a metabolic switch and start burning fat for energy instead.”

He compares the transition to mechanical inefficiency. “Think of it like a hybrid car switching from electric to petrol—natural, but clunky at first,” he said. “Your brain and muscles are learning to run on a different fuel mix, and that transition takes a few days to smooth out.”

But metabolism is only part of the story. “The fog isn’t just about food,” Rahimtoola said. “It’s sleep. Late Iftars and early Suhoors mean fragmented, shorter sleep—and that’s the real culprit behind daytime fatigue.”

Why fasting stresses the body’s energy system

At the centre of the fatigue discussion is NAD+ (nicotinamide adenine dinucleotide), a molecule that plays a critical role in cellular energy production. “NAD+ is like the delivery system inside your cells,” Rahimtoola said. “It picks up energy from food (or stored fat) and shuttles it to your mitochondria—your cellular power plants—where ATP gets made.”

ATP, he explains, is the currency the body uses to function. During Ramadan, the demand for this system increases. “Your cells are working harder to process fuel from fat instead of constant meals,” Rahimtoola said. “That puts pressure on your NAD+ system to be efficient.”

Lifestyle factors compound the challenge. “Add dehydration and poor sleep into the mix, and the whole system slows bogs down,” he said. “Result? Inconsistent energy meaning your need to use more NAD.”

Read: Ramadan fasting hours to be shorter in the UAE this year

Who feels it most and why

Not everyone experiences Ramadan fatigue in the same way. Rahimtoola points to a convergence of age, stress, and sleep disruption.

“NAD+ levels decline as you age,” he said. “By middle age, you’ve lost a significant chunk compared to your youth.”

Certain groups are therefore more vulnerable:

  • “The 40+ crowd — slower recovery from short sleep”
  • “High-stress professionals and parents — stress and fragmented sleep physically drain cellular reserves”
  • “Frequent travelers — time zone shifts plus fasting = double load on your internal clock”

For employers, this explains why productivity dips are often uneven across teams—and why generic wellness advice frequently falls short.

Why calorie counting misses the point

Corporate wellness programmes often focus on calories, blood sugar, or macronutrients. Rahimtoola argues this approach overlooks the real constraint.

“Calories are raw supply. Cellular energy is the conversion rate,” he said. “Think of it as the difference between having a full tank of petrol and having an engine that actually runs efficiently.”

During Ramadan, he believes three factors matter more than calorie counting:

  • “Flexibility — how easily you switch from burning sugar to fat”
  • “Flow — whether your NAD+ system keeps energy production moving”
  • “Recovery — sleep matters as much as food”

This reframing shifts the conversation from willpower and diet discipline to system efficiency—an approach that resonates with performance-driven organisations.

One challenge with fatigue is diagnosis. “A headache could be dehydration, caffeine withdrawal, or genuine metabolic fatigue,” Rahimtoola said. “You’re guessing.”

This is where Bien-Être’s at-home NAD+ test enters the picture. “An intracellular test gives you an objective data point,” he said. “It’s like checking your phone’s battery health instead of wondering why it’s slow.”

According to Rahimtoola, testing helps individuals:

  • “Establish a baseline before Ramadan”
  • “Identify whether fatigue is metabolic or lifestyle-driven”
  • “Track whether your changes (better sleep, different food) are actually working”

For employers and insurers, this data-driven approach offers a way to move from broad wellness messaging to targeted interventions.

Rahimtoola is cautious about one-size-fits-all supplementation. “Biology doesn’t have one ‘on’ switch,” he said.

“Your body makes and recycles NAD+ through multiple pathways,” he explained. “Under fasting stress, one pathway might bottleneck while another gets overworked.”

This is why Bien-Être designed its NAD+ booster around multiple mechanisms. “A systems-based approach supports production, recycling, and protection simultaneously,” Rahimtoola said. “You’re optimising the whole engine, not just swapping one spark plug.”

Practical strategies that actually work

Beyond testing and supplementation, Rahimtoola emphasises behavioural discipline. His advice is practical, repeatable, and workplace-relevant:

  • “Protect your sleep anchor: Get a core 4–5 hour block at the same time every night. Keeps your hormones stable.”
  • “Smart Suhoor: Skip the sugar. Go for protein, fiber, healthy fats—eggs, avocado, oats. Prevents the noon crash.”
  • “Hydrate intelligently: Don’t chug water at Iftar. Sip throughout the night. Add electrolytes (pinch of salt, soup) so your cells actually absorb it.”
  • “Sequence your Iftar: Break with dates and water. Wait. Then eat a balanced meal. Massive meals = food coma = wasted evening.”
  • “Move lightly: 20-minute walk after Iftar clears blood sugar and sets you up for better sleep.”

For employers, these recommendations can be embedded into Ramadan-specific wellbeing toolkits or shift-planning strategies.

Rahimtoola sees a broader shift underway in the Middle East. “Without question,” he said when asked about personalised testing. “People in the region are tech-savvy and proactive.”

He believes Ramadan plays a unique role in accelerating adoption. “Ramadan is already about reflection and resetting,” Rahimtoola said. “The region is moving from generic advice to personalised data—test, optimise, retest—is where health and longevity are headed.”

For businesses, the implication is clear: wellbeing strategies that rely on intuition and generic guidance are being replaced by measurable, personalised optimisation—particularly during periods of physiological stress like Ramadan.

UAE President in Moscow following Abu Dhabi-hosted Russia-Ukraine talks

The visit comes against the backdrop of heightened diplomatic engagement in the region

Gulf Business
Gulf Business

29 January, 2026

UAE President in Moscow following Abu Dhabi-hosted Russia-Ukraine talks
Image credit: WAM

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Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, arrived in Moscow on an official visit to the Russian Federation.

As His Highness’ aircraft entered Russian airspace, it was escorted by a formation of military jets in a ceremonial gesture of welcome.

Accompanying the UAE President is a high-level delegation that includes H.H. Sheikh Hamed bin Zayed Al Nahyan, Managing Director of the Abu Dhabi Investment Authority; H.H. Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Special Affairs; and Sheikh Mohammed bin Hamad bin Tahnoon Al Nahyan, Advisor to the UAE President, alongside several Sheikhs, ministers, and senior officials.

The visit comes against the backdrop of heightened diplomatic engagement in the region. Last week, Abu Dhabi hosted peace talks between Russia and Ukraine, brokered by the United States, underscoring the UAE’s growing role as a platform for international dialogue and conflict mediation.

Jebel Jais is open again: What’s back at the UAE’s winter destination

The reopening comes just in time for the winter season, inviting residents and visitors to return to the mountains and enjoy cooler temperatures

Gulf Business
Gulf Business

29 January, 2026

Jebel Jais is open again: What’s back at the UAE’s winter destination
Image credit: Supplied

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Jebel Jais, the UAE’s highest mountain and one of its premier outdoor destinations, is set to reopen this Saturday, January 31, following the completion of essential maintenance works and comprehensive safety assessments.

The reopening comes just in time for the height of the winter season, inviting residents and visitors to return to the mountains and enjoy cooler temperatures, clear skies, and a wide range of outdoor experiences.

Image credit: Supplied

The destination had temporarily suspended all operations to carry out safety inspections after the region experienced significant weather conditions between December 17 and 19, 2025. During that period, visitors were advised against camping in wadis due to unsettled weather, standing water, and the increased risk of shifting rocks and slippery surfaces. While hiking and climbing areas were not formally closed, specialist teams actively assessed conditions, urging caution across affected routes.

With safety measures now complete, Jebel Jais is reopening gradually, marking a return to one of the most popular times of the year for the mountain destination.

Winter season brings outdoor experiences back online

As part of the 2025/26 season, titled Where Life Comes Together, Jebel Jais once again positions itself as a shared space for discovery, adventure, and wellbeing. With ideal temperatures and favourable conditions, visitors can enjoy hiking, cycling, scenic viewpoints, restaurant dining, and leisure activities across the mountain’s network of routes.

Several key attractions are reopening in phases. Jais Flight, the world’s longest zipline, will resume operations on Saturday, January 31. The Jais Sky Tour, a two-hour, five-kilometre experience featuring six ziplines, will follow on February 7. Dining options are also returning, with 1484 by Puro, the UAE’s highest restaurant, reopening on January 31 and operating daily from 8:00am to 8:00pm. Puro Express at Jais Viewing Deck Park is set to reopen on February 7 from 11:00am to 8:00pm.

Image credit: Supplied

Visitor access and safety remain a priority

To access the mountain, visitors are required to have a confirmed booking for one of the available experiences or purchase a Jais Viewing Deck Park ticket for Dhs10 at the security entrance. Authorities continue to encourage guests to plan ahead and stay connected through official channels, as experiences resume operations in stages throughout the season.

Donald Bremner, CEO of Marjan Lifestyle, said the reopening reflects Jebel Jais’s commitment to both community engagement and safety. “At Jebel Jais, we create spaces that invite communities to reconnect with nature, with one another, and with themselves. As the mountain reopens, we look forward to welcoming visitors back to experience its energy, movement, and powerful sense of connection, while maintaining the highest standards of safety and care,” he said.

As winter continues, Jebel Jais looks to welcome visitors back to the mountains with safe, memorable experiences that bring together nature, adventure, and wellbeing at one of the UAE’s most iconic destinations.

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