UAE paid Iran billions of dollars to halt strikes: Report
The UAE paid Iran billions of dollars in return for a halt to attacks on the country in an about-face for the Gulf state that staked out the most hawkish position on Iran, lobbying the US to continue waging war on the Islamic Republic, Reuters reported on Friday.
The UAE has already delivered $3bn to Iran as part of the agreement, which two regional sources said reached as high as $10bn. Two other sources told Reuters that the UAE would eventually pay Iran $20bn.
The report reflects a stunning turn of events for Abu Dhabi and an indicator that Iran has emerged stronger from the war.
The UAE joined the US and Israel in conducting dozens of strikes on Iran during the war. It also tried to prevent Pakistan from mediating an end to the conflict.
Saudi Arabia had to supply a fresh loan to Islamabad after the UAE called in its debt obligations as punishment for hosting talks.
: UAE paid Iran billions of dollars to halt strikes: Report
