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UAE: head of largest sovereign wealth fund missing

The United Arab Emirates state news agency says the head of Abu Dhabi's sovereign wealth fund — the world's largest — is missing after his glider crashed in Morocco.

The official Emirates News Agency said that Ahmed bin Zayed Al Nahyan's glider went down in a lake in Morocco on Friday. The pilot of the aircraft was rescued in good condition, but authorities continued the search for Al Nahyan.

Al Nahyan is the managing director of the Abu Dhabi Investment Authority. He is also the younger brother of Sheik Khalifa bin Zayed Al Nahyan, the leader of the United Arab Emirates.

The Abu Dhabi Investment Authority could not be immediately reached for comment.