Tag Archives: UAE

Egypt, UAE major investment deal to lessen Cairo’s economic struggle CAIRO | Xinhua | A fresh multibillion-U.S. dollar coastal development deal between Egypt and the United Arab Emirates (UAE) will help to mitigate the North African country’s economic struggle and bridge its financing gap, according to Egyptian economists. The two …

Kampala, Uganda | THE INDEPENDENT | Ugandans are now able to open, monitor and do their banking transactions in other countries, without having to fly out. This follows the launch of International Banking by Standard Chartered, in a move aimed at connecting their branches in more than 20 countries, including Uganda. …

Alpha MBM Investments LLC enters refinery negotiation with Uganda Kampala, Uganda | THE INDEPENDENT | Alpha MBM Investments LLC, a UAE-based company has entered negotiations with Uganda over investing in their refinery project. The company is said to be an investment arm of a prominent member of the Royal family of …

Africa’s carbon credit market is experiencing a significant surge in investor interest, thanks to a surge in fresh investment from the Gulf. But more regulation, stricter auditing and greater transparency is required, according to industry insiders. SPECIAL REPORT | BIRD AGENCY | Africa is a prime target for new multimillion-dollar …

Dubai, UAE | THE INDEPENDENT | The host and President of COP28 President, Sultan Al Jaber says the annual climate summit taking place in Dubai has already made history.  He told Journalist that more than $83 billion had been mobilized during the first week of the conference. Unlike at past Climate …

Dubai, UAE | Xinhua | Russian President Vladimir Putin on Wednesday paid visits to the United Arab Emirates (UAE) and Saudi Arabia to discuss ties and other issues of common concern. During Putin’s meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi, the two sides explored …

Kampala, Uganda | THE INDEPENDENT | The government has said the second edition of the business forum between Uganda and the United Arab Emirates aims to attract more Foreign Direct Investments – FDIs to promote agro-industry, tourism, and technology transfers. The forthcoming business forum will take place at the Commonwealth Resort …

New transportation shows why the city state remains a leader in innovation Kampala, Uganda | IAN KATUSIIME | Imagine taking a flying taxi from Ntinda to the central business district in Kampala or from town to Entebbe to catch another flight? That is what Dubai, the bustling megalopolis in the United …

  Dubai, UAE | THE INDEPENDENT | Vice President Jessica Alupo has arrived In Dubai where she is representing Uganda at the World Governing Council Summit. (WGC). The Vice President who is in Dubai at the invitation of His Highness Sheikh Mohammed bin Rashid Al Maktoum, was received at Dubai …

Kampala, Uganda | THE INDEPENDENT | The Directorate of Citizenship and Immigration Control-DCIC has revealed that 75,000 out of over 100,000 Ugandans living in the United Arab Emirates-UAE were trafficked. Simon Peter Mundeyi, the spokesperson Ministry of Internal Affairs said these Ugandans have been trafficked over the years by money minded …