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Tag Archives: UAE

UAE to exit OPEC, OPEC+ from May 1

DUBAI  | Xinhua | The United Arab Emirates (UAE) said Tuesday it will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance, with effect from May 1, 2026, the Emirates News Agency (WAM) reported. The decision reflects the UAE’s long-term strategic and economic vision …

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Ugandan injured in Iran retaliatory attacks on UAE ‎

Kampala, Uganda | THE INDEPENDENT | A Ugandan national is among those injured in Iran’s retaliatory attacks on the United Arab Emirates, the Ministry of Defence has said. On Sunday, Iran’s Islamic Revolutionary Guard Corps intensified drone and missile attacks on United States army bases across the Middle East following the …

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Massive U.S. strikes on Iran raise multiple questions

“Mr. Trump’s approach to Iran is reckless. His goals are ill-defined,” The New York Times commented in an editorial opinion. WASHINGTON | Xinhua |  U.S. President Donald Trump said early Saturday morning that U.S. forces have launched a large-scale military campaign against Iran, raising questions about whether the White House …

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Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

KAMPALA, UGANDA | JULIUS BUSINGE | Uganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct investment, rising exports, and expanded commitments in manufacturing. Government-backed initiatives and structured business forums, such as the Uganda–UAE Business Forum, have created platforms for investors …

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Uganda, UAE strengthen $6.3billion trade and investment ties

Kampala, Uganda | THE INDEPENDENT |  Uganda and the United Arab Emirates (UAE) have reaffirmed their commitment to deepen economic cooperation across energy, infrastructure, agribusiness, and finance following high-level deliberations at the Fourth Uganda–UAE Business Forum held at Speke Resort, Munyonyo. The three-day forum, organized by Uganda’s Missions in Abu Dhabi …

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Delegates arrive ahead of Uganda-UAE Business Forum

Entebbe, Uganda | THE INDEPENDENT | A high-profile delegation from the United Arab Emirates (UAE) has arrived in Uganda ahead of the Fourth Uganda–UAE Business Forum, scheduled to run from October 27 to 29, 2025, at the Speke Resort Munyonyo. The delegation was officially welcomed at Entebbe by Second Secretary …

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DTB Uganda eyes UAE, Asia remittance markets

Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank (DTB) Uganda has announced a strategic shift towards the rapidly expanding remittance corridors between Uganda and the United Arab Emirates (UAE) and Asia, as inflows from traditional sources such as Europe and North America begin to plateau. For years, Uganda’s remittance …

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