The body of the managing director of the Abu Dhabi Investment Fund was found Tuesday, four days after he disappeared following a plane crash in Morocco, the official Moroccan news agency reported.
Sheikh Ahmed bin Zayed Al Nahyan had been missing since his glider plane crashed into a lake in the north African country on Friday.
The late sheikh was a brother of the ruler of Abu Dhabi and president of the UAE, Sheikh Khalifa bin Zayed Al Nahyan. Sheikh Ahmed was also chairman of the board of trustees of the Zayed Foundation for Charity and Humanitarian Works, said WAM, the news agency.
The body was found by rescue teams in Sidi Mohamed Ben Abdellah lake, in Skhirat Temara, a suburb of the Moroccan capital Rabat.
The remains are being transported back to the Emirates from Morocco and are expected to be buried Wednesday, Abu Dhabi TV reported.
State prayers will be said in the Sheikh Zayed Mosque on Wednesday afternoon, the station reported.
Forbes 2009 rankings of “The World’s Most Powerful People” rated the late sheikh at No. 27.
The pilot of the plane was rescued in good condition after the crash, WAM said.
The sovereign-wealth fund, which was established in 1976, is owned by the government of Abu Dhabi.
In an interview in January with Germany’s business daily newspaper Handelsblatt, Sheikh Ahmed said he preferred not to use the sovereign-wealth fund label to describe the investment fund.
“We prefer to be seen simply as a globally diversified investment institution, with the difference being that our owner is the government of the Emirate of Abu Dhabi,” he said. “ADIA’s sole mission, which has not changed in over 30 years, is to secure and maintain the current and future welfare of the Emirate of Abu Dhabi.” CNN