UAE

The European Commission has given conditional approval for the Abu Dhabi National Oil Company’s (ADNOC) planned acquisition of German plastics manufacturer Covestro, clearing the way for one of the largest foreign investments in Europe’s…

United Bank for Africa (UBA) Plc will have another N144.8 billion rights issue by the third quarter of the year to complement the N240 billion raised from last year's exercise. The bank had a right issue that was over subscribed and…

Abu Dhabi's Etihad Airways plans to make its stock market debut by 2025, in potentially the first IPO of a major Gulf airline as the UAE's capital ramps up its effort to become a global travel hub. Etihad, which started operations in 2003,…

The federal government has agreed with the United Arab Emirates (UAE) to enable Nigerians to apply for and obtain visas. Mohammed Idris, Minister of Information and National Orientation announced after the weekly Federal Executive Council…

Democratic Republic of Congo is finalizing a deal to take full control of a gold-export joint venture from its Emirati partner, after shipments slumped. Congo started Primera Gold DRC SA in January 2023 with Abu Dhabi-registered Primera…

Membership of the BRICS group of emerging-market nations is set to double, with Saudi Arabia, Iran, the United Arab Emirates, Ethiopia, and Egypt joining its ranks on Jan. 1, South Africa’s envoy to the bloc said. Current members Brazil,…

The United Arab Emirates (UAE) has lifted the visa ban placed on Nigerian travellers after almost one year. This follows a historic agreement between President Bola Tinubu and President of the United Arab Emirates, Mohamed bin…

Representatives from Russia and Ukraine last week met in the United Arab Emirates over the possibility of a prisoner-of-war swap to trigger a resumption of Russian ammonia exports to Asia and Africa, via a Ukrainian pipeline. …

The waiting period under a US antitrust act for billionaire businessman Elon Musk’s $44 billion proposal to acquire Twitter has ended, with the deal now subject to other regulatory approvals. The expiry of the waiting period of the…

Emirates and Etihad, two of the Middle East's biggest airlines, said Tuesday they would be among the first companies to test an application that allows pre-travel verification of coronavirus tests and vaccinations. The United Arab…