ENTEBBE, UGANDA | Xinhua | The United Arab Emirates and host Uganda both recorded wins as the Pearl of Africa T20 Series entered Day 2 on Friday at the Entebbe Cricket Oval in Entebbe. Uganda, who lost its opening match to Namibia on Thursday, recovered to defeat Nigeria by 77 runs, …
Read More »Equity Bank taps UAE for global growth
The lender’s shareholders approved a dividend payout of Kshs. 16 billion (approximately Shs 444.9 billion) for the year ending December 2024 Nairobi, Kenya | THE INDEPENDENT | Equity Group Holdings Plc is set to open a Representative Office in the United Arab Emirates (UAE), marking its first venture outside Africa and …
Read More »GLOBAL REACTION: Israel attacks Iran
MOSCOW, RUSSIA | TASS | Tonight, Israeli authorities announced strikes against Iran, including nuclear sites across the country. Israeli Prime Minister Benjamin Netanyahu said the operation aimed at disrupting Iran’s nuclear program and warned that the strikes would continue. Chief of the General Staff of the Iranian Armed Forces Mohammad …
Read More »Trump’s Gulf visit signals potential shift in Mideast policy
CAIRO | Xinhua | U.S. President Donald Trump departed the United Arab Emirates (UAE) on Friday afternoon, concluding a lucrative four-day Gulf tour, which had also taken him to Saudi Arabia and Qatar. Despite expectations that Trump’s visit could help calm the conflict in Gaza and ease regional tensions, the …
Read More »Work set to start building Uganda’s first oil refinery
Uganda, UAE Firm Sign Refinery Implementation Agreement Entebbe, Uganda | THE INDEPENDENT & AGENCIES | Uganda has signed a deal that paves the way for the implementation of its first crude oil refinery project. UAE-based Alpha MBM Investments will have a 60% stake in the oil refinery to be built …
Read More »Museveni woos UAE investors to Uganda
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 …
Read More »Saudi amnesty sees 146 Ugandan migrant workers repatriated
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 …
Read More »Ugandan govt, Dubai based firm partner to rejuvenate UTCL
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 …
Read More »Equity Bank Uganda sends MD to seal growing customer base in Dubai
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 …
Read More »‘Equity Goes To UAE’ as bank offers specialized services to Ugandans abroad
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 …
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