Junior Abu Dhabi sheikh strikes ‘$12bn loan-for-oil deal’ with South Sudan

Issue 1187 - 15 May 2024 | 4 minute read

Sheikh Hamad Bin Khalifa Al-Nahyan has reportedly struck a multi-billion dollar deal with the under-pressure South Sudanese government, although questions remain about the ultimate source of funds accessed by the Abu Dhabi junior royal who previously raised his profile, in the wake of the Abraham Accords, by taking a stake in controversial Israeli football club Beitar Jerusalem, which soon collapsed.

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