The UAE is the most likely destination for the assets of ousted Egyptian president Hosni Mubarak, Middle East experts have said, thought the 82-year-old himself may still be in Cairo.
The former ruler is thought to command a family fortune of up to $70bn, and will be searching for a safe haven for his wealth, said Christopher Davidson, professor of Middle East politics at Durham University.
“I suspect [Mubarak’s sons and wife] will be headed to the UAE and I suspect their assets are there,” he told Arabian Business.
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