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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Trump Considers Bailing Out
Trump Considers Bailing Out His Family’s Major Business Partner
President Trump and his family have extensive business ties with the UAE. His son-in-law, Jared Kushner, took in about $200 million from the UAE’s sovereign wealth fund for his investment firm, Affinity Partners, in 2023. The next year, Kushner’s firm secured $1.5 billion from Abu Dhabi-based firm Lunate and Qatar’s sovereign wealth fund.
Last year, the UAE invested $2 billion into World Liberty Financial, the cryptocurrency venture run by Trump’s sons Eric and Donald Jr. Trump happened to lift export restrictions on computer chips at the same time. The Trump Organization is also building a luxury hotel in Dubai.
It’s interesting that administration officials are quick to say they would help out the UAE when other countries who have been hurt economically by the war and the Strait of Hormuz’s closure have been told that they’re on their own. It seems that Trump is certainly willing to help out those who are paying him.