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UAE minister says swap line with US ‘under discussion’
UAE establishes $272 mln industrial resilience fund
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Iraqi officials have approached the International Monetary Fund about securing financial assistance as a result of the conflict in the Middle East, a
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UAE minister says swap line with US ‘under discussion’
UAE establishes $272 mln industrial resilience fund
2 min
read

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The remarks came before Iran unleashed fresh strikes on the UAE in an apparent retaliation for US military manoeuvres in Hormuz

The White House on Tuesday said the UAE had not requested a currency swap line.

The UAE’s foreign trade minister confirmed on Monday that his country was discussing a currency swap line with the United States,…

Trump ally Steve Bannon calls the UAE 'scum' for seeking short term US dollar loan

The conflict has driven up prices of oil, natural gas, damaged refineries and other energy infrastructure.