Africa Asia Finance Headlines International

Ethiopia, UAE ink $100m deal to boost technology, innovation

Ethiopia will receive $100 million from the UAE Khalifa Fund for Enterprise Development, KFED, to help promote a culture of innovation and finance prominent projects in the African country. The new agreement, which was signed by Hussain Jasim Al Nowais, chairman, KFED and Admasu Nebebe, Ethiopian Minister of Finance, will help enhance innovation and support […]

Asia Headlines International Libya Maghreb

Libya: Libyan former ambassador to UAE condones Haftar’s military solution

Libya’s former envoy to the UAE has thrown his support behind Khalifa Haftar’s unpopular military campaigns in Libya. Aref Al-Nayed has aligned himself with the military approach noting that it is the only solution to restore Libya’s sovereignty, The Libyan Express reports. “The army led by Haftar is going to bring back Libya’s sovereignty as […]

Asia Columns Headlines International Opinions

The UAE punching above its weight

The UAE a tiny wealthy Gulf country with a native population of about 1 million has broken away with the wisdom of its founder Sheikh Zayed after the de facto ruler Mohamad Bin Zayed consolidated his grip in the country. The UAE’s aggressive foreign policy was outspokenly expressed during and after the Arab Spring as […]

Africa Asia Headlines International Libya

Niger: UAE to set up military base near Libyan border

United Arab Emirates (UAE) is planning to establish a military base in Niger near the border with Libya, reports say as talks between the West African country and the Gulf country have reached final stages. The UAE will become the fourth country to have a military base in Niger after France, the USA and Germany. […]

Africa Asia Headlines International

Sudan junta leaders visit Gulf allies

The head of Sudan’s ruling military council, Lt-Gen Abdel Fattah al-Burhan has visited the United Arab Emirates (UAE) over the weekend, a day after he visited neighboring Egypt. Al-Burhan on Sunday met Abu Dhabi’s crown prince, who expressed the UAE’s support for Sudan as it navigates a transition after the overthrow of autocrat Omar al-Bashir, […]

Africa Asia Finance Headlines International

Sudan’s leaders secure vital financial support from gulf allies

The United Arab Emirates and Saudi Arabia have granted Sudan a $3 billion aid package, of which $500 million will go to the central bank of Sudan. The move is meant to strengthen Sudan’s financial position, ease the pressure on the local currency and increase stability in the exchange rate, Saudi state news agency SPA […]

Asia Headlines International Maghreb Morocco

UAE paper highlights long-standing ties between Morocco & UAE

The UAE and Morocco enjoy close ties cemented by brotherly relationship nurtured by two of the Muslim world’s greatest leaders late King Hassan II and Sheikh Zayed, writes UAE paper The National. The article was published on the occasion of the organization of “Morocco in Abu Dhabi” festival, an exhibition honoring Morocco and celebrating its […]

Americas Asia Europe Headlines International Libya

Libya: Western Powers, UAE Urge All Parties to Deescalate Tensions

 The governments of France, Italy, the United States, the United Kingdom as well as the United Arab Emirates have expressed deep concern over fighting in Libya and urged all parties to immediately de-escalate tensions, which are hindering prospects for UN political mediation. In a joint statement issued Thursday, the five countries said at this sensitive […]

Asia Headlines International Morocco

Morocco, UAE Ink MoU to Promote Real Estate Investments

Morocco and the United Arab Emirates signed a Memorandum of Understanding on the promotion and management of investments in the real estate sector. The agreement was initialed on the sidelines of the Dubai Property Festival by Morocco’s State Secretary for Housing, Fatna Lkhiyel, and Director General of Dubai Land Department, Sultan Butti bin Mijrin, reported […]

Asia Headlines International Morocco

For Morocco, foreign policy is a matter of sovereignty

Morocco considers foreign policy a matter of sovereignty and deems that coordination with Gulf countries, including Saudi Arabia and the United Arab Emirates, must be done on both sides and must not be selective. The remarks were made Thursday in Casablanca by Moroccan Foreign Minister Nasser Bourita at a joint briefing with his Jordanian counterpart […]