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Tag: UAE

UAE commits to $25bn Nigeria-Morocco gas pipeline project
News

UAE commits to $25bn Nigeria-Morocco gas pipeline project

The United Arab Emirates has signed on as a major investor in the $25 billion Nigeria-Morocco gas pipeline, a transcontinental energy project to transform power supply, trade, and economic development across West Africa and beyond. Morocco’s Minister of Energy Transition, Leila Benali, announced the UAE’s involvement during a parliamentary session on Tuesday, confirming the project […]

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Nigeria, UAE update BASA to enhance airline codeshare agreements

Nigeria and the UAE have signed an amended Bilateral Air Service Agreement to expand codeshare arrangements, enabling airlines to share flights and sell tickets on each other’s networks. The deal also boosts interlining opportunities for Nigerian airlines, strengthening aviation ties. Nigeria’s Aviation Minister, Festus Keyamo, signed the deal during the ICAO GISS 2025 in Abu […]

News

Nigeria lags in digital readiness, UAE leads

Nigeria has ranked poorly in preparation for the global digital revolution, lagging behind some of the world’s most connected regions, according to the Emerging Digital Powerhouse Index compiled by wireless connectivity provider Airgain. The research assessed factors such as average mobile internet speeds, digital skills, 5G deployment progress, and broadband affordability across 37 countries to […]

News

UAE grants Nigeria full access to airports – Keyamo

Nigeria’s Minister of Aviation, Festus Keyamo, has announced a new Bilateral Air Service Agreement with the United Arab Emirates, granting Nigerian airlines full access to all UAE airports In return, UAE airlines, including Emirates, will have unrestricted access to Nigerian airports. Keyamo made this announcement during a press briefing marking Emirates Airlines’ return to Nigeria, […]

News

UAE denies billing Nigerian visa applicants N640k

The United Arab Emirates has debunked the claims of approving $10,000 bank balance, and N640k fee requirements for Nigerians applying for visas into the country, according to The Cable. The Minister of Information and National Orientation, Mohammed Idris, declared on Monday, that the UAE authorities agreed to lift the travel ban imposed on Nigerians. Idris […]

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UAE bills Nigerians nonrefundable N688,000 for visa document verification

The United Arab Emirates government has lifted the restriction on visas for holders of Nigerian passports, although there are new requirements of a N688,000 non-refundable documentation verification fee before getting a UAE visa. Before beginning the visa application procedure, all Nigerian travelers older than 13 must complete a mandatory document verification process, according to Nairametrics. […]

News

UAE lift visa sanction on Nigerians

The Federal Government has negotiated an agreement with the United Arab Emirates (UAE) that will allow Nigerian passport holders to get visas for travel to the UAE beginning today, July 15, 2024 According to a monitored report from Channels TV, the Minister of Information, Mohammed Idris, made the statement during a briefing with State House […]

Travel

UAE launches 10-years blue resident visa

The government of the United Arab Emirates has announced a ten-year Blue Residence Visa for individuals who have made exceptional contributions to environmental protection to promote the culture of sustainability and environmental protection. This was disclosed by the Prime Minister of UAE Sheikh Mohammed bin Rashid Al Maktoum, on Friday, according to BT. He said, […]

Egypt signs $40bn deals with UAE, IMF to stabilize currency
Business

Egypt signs $40bn deals with UAE, IMF to stabilize currency

Within ten days of freeing its currency and witnessing a 38% decline, Egypt was able to negotiate over $40 billion in investment deals from the United Arab Emirates and the International Monetary Fund. The nation and the United Arab Emirates came to a $35 billion deal towards the development of the Ras El Hikma peninsula […]

UAE ranks second worldwide for attracting millionaires
News

UAE ranks second worldwide for attracting millionaires

Recent research has revealed that the UAE is predicted to draw 4,500 millionaires by the end of 2023, the second-highest number of any country worldwide. Arab News reported that the expected growth will fall short of the record-breaking 4,000 millionaires in 2022, but it still gave the UAE its second place on Henley & Partners’ […]

UAE cancels Airbus H225M helicopters deal
Business

UAE cancels Airbus H225M helicopters deal

The United Arab Emirates has reportedly cancelled a 2021 deal with Airbus to acquire twelve H225M Caracal multirole helicopters for around 800 million euros ($880.6 million). This was revealed following reports from Breaking Defense magazine. According to an official at the UAE’s defense and security acquisitions authority, Muammar Abdulla Abushehab, the decision was not politically […]

Georgia, UAE reach free-trade agreement after three rounds of meetings
Economy

Georgia, UAE reach free-trade agreement after three rounds of meetings

In an effort to strengthen their economic connections, the UAE and Georgia have reached an agreement on a new trade deal that will lower tariffs and remove other barriers. Arab News reported that the UAE’s minister of foreign trade, Thani bin Ahmed Al Zeyoudi, and Georgia’s vice prime minister and minister of economy and sustainable development,  Levan Davitashvili, signed […]

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