Things just went from bad to worst after an UAE diplomate misbehaved in djibouti
Anyways the UAE govt has been pressuring on the gulf businessmen and companies to not invest in djibouti, one of them who cancelled their agreement with djibouti was the dubai-based bin ladin company-see the link below-
politically, the UAE has been lobbying for asmara against djibouti and its role in yemen but the saudis have gone for djibouti and they have today a base in there
http://www.globalresearch.ca/saudi-uae- ... ca/5487059