UAE: FNC elected, IMF gives positive view, Moody’s concerned at NPLs

Risk Management
Issue 1092 - 18 Nov 2019 | 4 minute read

Strategic retreat: Following the surprise drawdown of forces from Yemen announced in July, there have been signs of a wider reduction in the UAE’s overseas reach. Among recent developments, GSN has heard that UAE support for Libyan rebel Field Marshall Khalifa Haftar is in question, following his Libyan National Army (LNA)’s failure to take Tripoli this summer.

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