Africa Features Headlines International

Somalia’s Puntland claims victory over Islamic State, but future challenges remain

After nearly two months of intense combat, Puntland forces in Somalia claim to have successfully pushed back Islamic State (IS) militants, dealing significant blows to the terror group in the region. However, despite recent victories, experts warn that the IS may attempt to regroup and continue its operations across the Horn of Africa. The offensive, […]

Energy Features Headlines

UAE’s $1.4bn investment in Zimbabwe enhances ties as West and China retreat

The United Arab Emirates (UAE) has solidified its position as Zimbabwe’s most important partner, surpassing China with a strategic $1.4 billion investment in real estate, gold trading, and other sectors. This partnership, which began gaining momentum in 2022, marks a shift in global economic alliances as Zimbabwe continues to struggle with Western sanctions and a […]

Africa Asia Business Emerging Markets Finance Headlines International

UAE, first investor in Africa

The UAE companies topped the list of investors in the African continent, pledging projects worth 110 billion dollars between 2019 and 2023, the Financial Times reported. Most of the investments, or 72 billion dollars, went to renewable energy projects, FT said. These investments outweighed those announced by UK, France or China. UAE companies also have […]

Africa Americas Asia International

UAE assures US not to arm Sudan’s paramilitary RSF as civil war continues unabated

The United Arab Emirates (UAE) has reportedly assured the United States that it will not supply arms to Sudan’s paramilitary Rapid Support Forces (RSF), as the north-east African country continues to be ravaged by a bloody civil war. The UAE has reportedly told the US it has cut off weapons supply to the paramilitary forces […]

Africa Features Headlines International

Sudan accuses Emirates and Chad of “direct and clear” interference

In the nearly 19-month conflict between Sudan’s paramilitary Rapid Support Forces (RSF) and the regular Army, the RSF has escalated its attacks using newly deployed drones. Sudanese officials claim these “strategic drones” signify “direct and clear” interference by the United Arab Emirates (UAE) and neighboring Chad, marking an unprecedented escalation in the war that began […]

Asia Features Headlines International

Sudan govt scraps $6bn Red Sea port deal with UAE

Sudan has cancelled a $6 billion deal with the United Arab Emirates (UAE) to develop a Red Sea port, in an apparent protest against Abu Dhabi’s alleged support for the Rapid Support Forces (RSF), the paramilitary group engaged in the country’s ongoing bloody conflict. Sudan’s Finance Minister Gibril Ibrahim said on Sunday (3 November) his […]

Africa Asia Emerging Markets Headlines International Morocco

Marrakech Air Show 2024: Moroccan military cooperation discussed with UAE, Cape Verde

Moroccan military and defense cooperation with the United Arab Emirates and Cape Verde was discussed on the sidelines of Marrakech Air Show 2024 held October 30 through November 2. In this connection, Inspector General of the FAR and Commander of the South Zone, Lieutenant General Mohammed Berrid, held separate meetings Thursday with Chief of Staff […]

Asia Headlines International Morocco

Morocco backs UAE’s sovereignty over Iran-occupied Islands

Morocco reiterated its position in support for the UAE’s sovereignty over three islands occupied by Iran. Morocco’s stance in support of the UAE’s territorial integrity is “steady and permanent,” Moroccan representative to the UN Omar Hilale told the Fourth Committee. Morocco also backed an Emirati request to end Iran’s occupation of the three Emirati islands […]

Africa Asia Finance Headlines International

Kenya seeks $1.5 bln loan from the UAE, agencies

Kenya is seeking a financing of $1.5 billion from the UAE to bolster its public finances, Reuters and Bloomberg reported, citing sources. Kenya has sought to curb its widening fiscal deficit and growing debt servicing by tax hikes which triggered the most violent protests in the country’s history. A delay in reaching a financing deal […]

Asia Emerging Markets Headlines International Morocco

Morocco-UAE security cooperation makes Algerian regime extremely nervous

Morocco and the United Arab Emirates have agreed to step up cooperation ties in security through the exchange of experiences in professional police training, advanced police studies and forensic science enabling law enforcement to deliver efficient & effective service. The agreement was inked Monday in Abu Dhabi during the working visit Abdellatif Hammouchi, Head of […]