UAE and African nations launch $6bn investment plan at Dubai summit hosted by Sheikh Mohammed, strengthening tourism and trade ties
Africa
Latest in Africa
Africa
UAE to help bolster tourism and key sectors in more than 20 African nations
Joint ministerial statement identifies five key pillars to boost collaborative efforts: tourism, investment, sustainability, aviation and innovation
Africa
London court confirms Djibouti acted illegally in DP World terminal seizure
The company is still owed $685 million, while $1 billion claims against Djibouti’s government and China Merchants continue
Africa
Emirates boosts Africa network with new flights to Uganda, Ethiopia and South Africa
Emirates to fly 161 flights per week from Dubai to destinations in Africa
Africa
Prodigy Finance to support African students’ overseas studies with $30mn programme
The programme is a first in using blended finance to maximise the provision of international education loans
Africa
How 3 Schengen-style visas planned in GCC, Asia and Africa could change tourism forever
Planned Schengen-style visas in South East Asia, Southern Africa and the GCC could have deliver a massive tourism boost to 17 countries
Abu Dhabi Fund for Development
Abu Dhabi fund invests $9.6bn in 42 African countries
Abu Dhabi Fund for Development invests billions of dollars in sustainable projects in Africa
Africa
Why GCC investors are pouring money into Marrakech
Morocco’s GDP growth projections of 3.1 percent in 2024, 3.3 percent in 2025, and 3.5 percent in 2026 bolster investor confidence
Abu Dhabi
Dubai tops growth among world’s wealthiest cities as millionaire population soars
With over 72,000 resident millionaires today, Dubai’s rise testifies to its pro-business policies and welcoming stance towards capital, factors that will propel it up future rankings, an expert says
Africa
Saudi non-oil exports to Africa pass $34bn in 5 years; Egypt, Morocco, Kenya, and Nigeria among top partners
Saudi Arabia looks to develop trade relations with countries in Africa
Africa
UAE strikes CEPA deal with African nation to boost $2.1bn H1 trade relations
UAE and Republic of Congo-Brazzaville have concluded Comprehensive Economic Partnership Agreement (CEPA)
Africa
UAE announces CEPA trade deal with Mauritius
UAE and Mauritius launch historic trade deal, eye economic growth
Abu Dhabi Fund for Development
Arab Coordination Group announces $50bn Africa investments
Arab development institutions announce major funding for African projects
Africa
Knighthood Global points to massive economic potential for Africa at WTTC Summit 2023
Knighthood Global attend WTTC Summit 2023 as event focusses on potential growth for Africa in coming decades
Africa
African Union joins G20 says India PM Modi
African Union welcomed to G20 confirms Indian Prime Minister Narendra Modi
Africa
UPS fires Dubai staff, shuts down ISMEA region HQ
Delivery giant UPS lays off staff in mass restructuring to shift Indian subcontinent, Middle East and Africa operations to Prague
Africa
Egypt eyes $120bn investment boom as Middle East drives real estate investment
Egypt’s real estate sector is set to flourish as investors look for opportunities
