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Country Risk

UAE Reshuffle Signals Continuity

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There is more than meets the eye to last week's announcement that United Arab Emirates President Sheikh Mohammed bin Zayed has stepped back as chairman of both the Abu Dhabi Investment Authority (Adia) and Mubadala Investment Co. Beyond the potential implications for the sovereign wealth funds' (SWFs) commercial strategies, handing off these very high-profile roles to two of the ruler's full brothers — Sheikh Tahnoon bin Zayed and Sheikh Mansour bin Zayed — may also signal that the family has settled the delicate matter of succession in the emirate.

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Policy and Regulation, Opec/Opec-Plus
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