Mon
Apr 20 2026
06:29 am
By: bizgrrl
The Emirati leaders said they have avoided the worst economic effects of the conflict but might still need a financial lifeline, the officials told the Wall Street Journal.
...
The discussions underscore UAE’s growing anxiety that the war could harm its economy and position as an international financial center, draining foreign currency reserves and triggering capital flight, according to the WSJ. Emirati officials haven’t formally requested a swap line, the Wall Street Journal said.
Something else the Administration did not consider? International financial center that needs our financial assistance? Will the funding be easily given with kick backs to the family?
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