Tag: UAE

South Sudan seeks $13 billion-backed loan from UAE

May 22, 2024

South Sudan is nearing an agreement with a UAE company for an oil-backed loan worth $13 billion, the largest in Africa’s newest nation’s history. The ... Read More

Algeria-Spain-UAE: Spain’s Naturgy Company Backfires against Algerian Regime

May 9, 2024

The reported Algerian threats to stop delivering natural gas to Spain's Naturgy if the utility company sells shares to another company show the real face ... Read More

Saudi, Qatari investors may follow UAE in ‘buying up’ Egypt’s coastline

March 6, 2024

Only days after the announced $35 billion deal with the UAE for the development of Ras al-Hekma on its Mediterranean coast, Egypt is reportedly also ... Read More

Egypt inks ‘historic’ $35bn deal with UAE, hoping to ease dollar squeeze, save economy

February 26, 2024

Egypt and the United Arab Emirates (UAE) have signed a landmark $35 billion investment deal to develop Ras al-Hekma peninsula on the Mediterranean coast that, ... Read More

Gabon, UAE seal MoU to attract investment into the African country’s economy

January 26, 2024

The Federation of UAE Chambers of Commerce & Industry (FCCI) and Gabon’s investment promotion agency ANPI-Gabon have inked a Memorandum of Understanding (MoU) to lure ... Read More

Morocco, UAE, Egypt, Jordan, Bahrain team up in industrial partnership

January 13, 2024

Morocco joined an Arab industrial cooperation partnership bringing together the UAE, Egypt, Jordan and Bahrain aiming to promote investments and economic development. The partnership's MoU ... Read More

UAE, Congo ink trade agreement

December 31, 2023

United Arab Emirates (UAE) and Congo have sealed a comprehensive bilateral trade agreement that is expected to reduce or eliminate tariffs, remove unnecessary trade barriers, ... Read More

UAE investors to build two desalination plants in Moroccan Sahara

December 8, 2023

Emirati firms Metito Utilities and Tahliya have announced in Dubai plans to build two seawater desalination plants powered with renewable energy in the Moroccan Sahara. ... Read More

French news outlet describes Moroccan King’s visit to UAE as a ‘powerful symbol of unity, solidarity’

December 6, 2023

King Mohammed VI's working and fraternal visit to the United Arab Emirates is being hailed as a "powerful symbol of unity and solidarity" between the ... Read More

UAE backs Morocco-Nigeria pipeline

December 5, 2023

Morocco and the UAE signed a deal to invest in the Atlantic gas pipeline that will channel Nigerian gas to North Africa and ultimately to ... Read More