Gulf Royal Family Banks Over €70 Million in EU Farming Funds
5 Articles
5 Articles
The Abu Dhabi royal family has received over 71 million euros in income support from the EU for agricultural land in Romania, Italy, and Spain over the course of six years. This is revealed by research from DeSmog and The Guardian.
Gulf Royal Family Banks Over €70 Million in EU Farming Funds
The UAE’s ruling royal family is benefiting from tens of millions in EU subsidies to grow crops destined for the Gulf, it can be revealed. A new cross-border investigation, shared with The Guardian, found that subsidiaries controlled by the Al Nahyans collected over €71 million (£61 million) in just 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…
A network of companies controlled by the Al Nahyan dynasty collects generous subsidies from the EU and governments of Member States to produce food that they then export to the Persian Gulf. The royal family that governs the United Arab Emirates received, only between 2019 and 2024, more than 71 million euros in European subsidies for growing food on Community soil that are subsequently exported to the Persian Gulf. The funds arrived through a n…
The royal family that leads the United Arab Emirates has benefited from over 71 million euros of EU agricultural subsidies, according to a cross-border investigation carried out by DeSmog publication, in partnership with El Diario in Spain and G4Media in Romania.
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