Tag: UAE
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Ghana, UAE ink $1bn deal to build Africa’s largest innovation hub
Ghana is set to become a major player in artificial intelligence (AI) and emerging technologies through a landmark partnership with the United Arab Emirates (UAE). The two countries have signed a memorandum of understanding (MoU) to establish the Ghana-UAE Innovations and Technology Hub—a transformative project aimed at accelerating digital transformation and positioning Ghana as a…
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🇬🇳 Guinea Trades Minerals for Military Vehicles Amidst Rising Security Concerns
Guinea’s military government has struck a controversial deal with the UAE-based Streit Group, trading its valuable mineral resources for dozens of armored vehicles in a contract worth approximately $156 million. This strategic move, announced in June 2023, highlights the growing financial strain on the West African nation, as well as the increasing security challenges it…
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Nearly Four Tons of Gold Vanish from Guinea’s Central Bank, Fueling Concerns Over African Gold Smuggling
In a concerning development, nearly four tons of gold valued at $400 million have vanished after being dispatched from the Central Bank of the Republic of Guinea (BCRG) to Dubai, United Arab Emirates, for refining. The gold was transported by MSS Security, a prominent Asian security firm, which has been cooperating with investigators. The disappearance…
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NIGERIANS TO PAY N688,000 DOCUMENT VERIFICATION FEE AS CONDITION FOR UAE VISA
Travellers from Nigeria heading to the United Arab Emirates (UAE) must now pay a non-refundable document verification fee of N688,000. Paying the document verification fee is a requirement set by the Arab country to lift the visa ban on Nigerians. The Minister of Information and National Orientation, Mohammed Idris, declared on Monday that the ban…
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Russia’s Kazan will host a forum of BRICS+ cities
🌇 On June 21, the Forum of Cities of the BRICS+ Countries will open in the Russian city of Kazan. The event will be attended by 200 heads of municipalities from 21 countries, including China, India, South Africa, Brazil, Iran, UAE, Saudi Arabia, Ethiopia, Egypt, Turkey, Belarus, Kazakhstan, Azerbaijan, Uzbekistan, Argentina, Chile, Morocco, Indonesia, Mexico.…
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UAE, Kenya seal comprehensive economic partnership deal
🇦🇪🇰🇪 The United Arab Emirates and Kenya concluded negotiations on a trade deal that would boost trade and investment ties between the two countries as the Gulf country expands its role across Africa. The Emirati news agency WAM reported that UAE Minister of Foreign Trade Thani bin Ahmed Al-Zeyoudi and Kenyan Cabinet Secretary for Investments,…
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Top 10: Banks in the World
Despite a tumultuous 18 months for the sector, banks make up many of the world’s largest institutions. FinTech Magazine takes a look at the big players… Banking endured a rather tumultuous 2023, as the collapse of Silicon Valley Bank and Signature Bank, among others, sent shockwaves through the industry Then there was UBS’ cut-price takeover…
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