The United Arab Emirates named Mohammed bin Zayed al Nahyan as its new president following the death of his half-brother, elevating the Abu Dhabi crown prince after almost a decade as de-facto ruler of the U.S. associate.
The management change is more likely to have few short-term political or financial implications for the U.A.E., as Sheikh Mohammed for years has steered the nation’s home and overseas coverage, alongside a cadre of highly effective brothers and different leaders of the federation.