UAE’s ruling royal family benefits from more than €71m in EU farming subsidies
The United Arab Emirates’ ruling royal family is benefiting from tens of millions in EU subsidies to grow crops destined for the Gulf, it can be revealed. A cross-border investigation by DeSmog and shared with the Guardian found subsidiaries controlled by the Al Nahyans collected more than €71m (£61m) in six years for farmland it controls in Romania, Italy and Spain. The Al Nahyan family is the second richest in the world, with an estimated wealth of more than $320bn (£235bn), mostly derived...
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The analytical profile of this article: high credibility, negligible information accuracy risk, and negligible propaganda impact.