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Tag: UAE

Investment

BUA chairman, UAE envoy explore new investment partnerships

The Chairman of BUA Group, Abdul Samad Rabiu, has hosted the Consul General of the United Arab Emirates, Salem Aljaberi, in Lagos. The meeting centred on strengthening Nigeria-UAE relations and opening up new opportunities for cooperation, investment and partnership. Rabiu expressed joy at receiving the UAE envoy and commended his efforts towards deepening ties between […]

Oil and Gas

UAE oil giant vessel attacked in Strait of Hormuz

The United Arab Emirates’ state-owned oil giant ADNOC said Saturday one of its vessels came under attack in the Hormuz strait, the latest incident in the waterway at the centre of the United States-Iran conflict. Tehran has imposed an effective blockade of the strait, a vital shipping route for global energy supplies, carrying out strikes […]

Travel

UAE records biggest passport strength improvement in two decades

The United Arab Emirates has recorded the biggest improvement in passport strength of any country over the past two decades, adding visa-free access to 153 destinations and rising from the middle of the global rankings to become one of the world’s most powerful passports. Nairametrics reported that this was disclosed in the 20th anniversary edition […]

featured Investment

UAE-Nigeria non-oil trade hit $5bn in 2025 — Envoy

The Ambassador of the United Arab Emirates to Nigeria, Salem Saeed Al-Shamsi, has disclosed that non-oil trade between Nigeria and the UAE increased to $5 billion in 2025, reflecting the strengthening economic partnership between both countries. The PUNCH reported that according to a statement issued on Sunday by the Special Assistant on Communication and New […]

Oil and Gas

OPEC+ raises output by 188,000 bpd as UAE exits

OPEC+ has approved a modest 188,000 barrels per day increase in production quotas for June, even as the United Arab Emirates formally exits the oil alliance. Nairametrics reported that the decision was reached during a virtual meeting on Sunday and comes at a time of heightened uncertainty in global oil markets, driven by geopolitical disruptions […]

featured Travel

UAE bans travel to Iran, Iraq, Lebanon amid tensions

The United Arab Emirates Ministry of Foreign Affairs on Thursday announced a travel ban preventing Emirati nationals from visiting Iran, Lebanon and Iraq, citing escalating regional tensions linked to the ongoing Middle East conflict. According to AFP, the move comes amid heightened insecurity following a prolonged crisis triggered by a United States and Israeli military […]

Helth

UAE orders closure of Iranian-linked hospital in Dubai amid war

The United Arab Emirates has ordered the closure of an Iranian state-linked hospital in Dubai amid escalating tensions between the two neighbouring countries. The decision comes as ties deteriorate due to Tehran’s aerial campaign against Gulf states following strikes on Iran by the United States and Israel starting February 28. Since then, Tehran has launched […]

Oil and Gas

UAE’s giant refinery shut over Middle East war

One of the world’s largest refineries, the Ruwais facility in the UAE, has been shut down as a precautionary measure following a nearby drone attack that sparked a fire in the industrial complex. A source familiar with the situation stated: “The Ruwais refinery has halted operations out of precaution,” while requesting anonymity due to the […]

Aviation

Emirates-Air Peace deal to enhance Africa-UAE-London connectivity

World’s largest international airline, Emirates, and West Africa’s largest airline, Air Peace, have activated a bilateral interline agreement, expanding air connectivity between Africa, the United Arab Emirates and London. The agreement offers passengers of both airlines frictionless, single-ticket travel and with through-checked baggage, on select routes, resulting in greater travel comfort and convenience for customers. […]

Business

Nigeria, UAE eliminate tariffs on over 13,000 products

The Federal Government has announced the elimination of tariffs on 6,243 products imported into Nigeria from the United Arab Emirates, while the UAE has removed tariffs on 7,315 products imported from Nigeria. The move is part of a newly concluded trade pact designed to widen market access for Nigerian goods, businesses, and professionals. The disclosure […]

Scientists launch Arabic-powered AI
Business

UAE eyes strategic expansion in Africa with $1bn AI investment

The United Arab Emirates has unveiled plans to invest $1 billion in artificial intelligence infrastructure and services across Africa, aiming to accelerate digital transformation and enhance its strategic presence on the continent. This was disclosed by UAE’s Minister of State at the Ministry of Foreign Affairs, Saeed bin Mubarak Al Hajeri, during the G20 Summit […]

Aviation

Nigeria signs MoU with UAE for advanced cargo system

The federal government has signed a Memorandum of Understanding with DALIL UAE to deploy Advanced Cargo Information systems across Nigerian airports. Minister of Aviation and Aerospace Development, Festus Keyamo, who signed on behalf of the federal government, described the agreement as a bold step towards repositioning Nigeria as a leading aviation and logistics hub in […]

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