Abu Dhabi’s support for Dubai is selective and conditional, as revealed by a senior official’s comment on November 28 that the emirate will support Dubai on “a case by case basis,” choosing which companies to assist. Speculation about trade-offs is shifting from secret buyout arrangements to a power shift within the UAE federal structure to Abu Dhabi, OxAn says.
Naturally, the question has been raised as to what kind of favour Abu Dhabi could expect in return.
OxAn suggests payoffs for Abu Dhabi’s bailout might be on a political level rather than commercial via, for example, a stake in Emirates Airlines:....
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