Tag Archives: UAE

KAMPALA, UGANDA | THE INDEPENDENT | President Yoweri Kaguta Museveni has called on investors worldwide to come and do business in Uganda in particular and Africa in general which he said offers a myriad of investment opportunities in various sectors. He said that Uganda’s economy is growing at a fast rate …

Kampala, Uganda | THE INDEPENDENT & URN | A total of 146 Ugandan migrant workers, who had been detained in various centers and prisons across Saudi Arabia, have been successfully repatriated following negotiations between the Ugandan and Saudi governments. These efforts are part of a broader program that also includes …

KAMPALA, UGANDA | THE INDEPENDENT | Uganda Telecommunications Corporation Limited (UTCL) has received a new lease of life following the signing of an agreement between the government of Uganda and Rowad Capital Commercial (RCC), a company based in Dubai, in the United Arab Emirates -UAE. The event was witnessed by President …

  Equity Bank’s Managing Director off to Dubai to engage and serve customers Dubai, UAE | THE INDEPENDENT | Equity Bank Uganda will crown two weeks of close interaction with customers in Dubai with a visit Friday of their Managing Director Anthony Kituuka. Kituuka’s visit will start with a keynote address …

In 2023 Ugandans in the UAE remitted about 21% of total remittances from abroad (USD 300 million out of approximately USD 1.43 billion) Dubai, UAE | THE INDEPENDENT | Equity Bank Uganda will this week visit, meet and interact with Ugandans living and working in the UAE to offer specialized …

While Egypt and Saudi Arabia support the Sudanese Army, United Arab Emirates, Libya and Russia through the Wagner Group support the paramilitary Rapid Support Forces ANALYSIS | MAY DARWICH | The United Nations has accused foreign players of prolonging the war in Sudan, making it harder for the country to find peace. The …

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 …