Nigerian Communications Commission (NCC) says resolving the Etisalat debt issue is an incentive to attract the two billion dollars Foreign Direct Investment (FDI) expected from Mubadala of United Arab Emirates (UAE). Prof. Umar Danbatta, the Executive Vice Chairman (EVC) of NCC said this in a statement by Mr Tony Ojobo, the Director, Public Affairs of […]
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China’s civil aviation authority has fined Dubai-based Emirates airline for violating safety rules and banned it from adding new routes in the country for six months. On April 17, an Emirates plane flew at the wrong height over the city of Urumqi in far-western Xinjiang, causing “serious flight conflict,” the Civil Aviation Administration of China […]
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Etisalat Nigeria’s estimated 23million subscribers can now heave a sigh of relief as the anxiety over its possible takeover by 13 creditor banks has now been laid to rest with its parent company, Etisalat Abu Dhabi, showing stronger willingness to inject fresh funds to recapitalise its subsidiary. This was part of the outcomes of a […]
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United Arab Emirates is delaying the start-up of its first Korean-built nuclear reactor by a year because the local company that needs to operate it has not yet received a licence from the nuclear regulator, Emirates Nuclear Energy Corporation (ENEC) said in a statement on Friday. Confirming a Reuters report from Thursday, ENEC said that […]
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The United Arab Emirates, one of the Middle East’s largest economies, wants to expand trade ties with faster growing nations in Asia and Africa, a senior official said on Sunday. Rich Gulf Arab states are looking at ways to diversify their economies, including who they trade with, after more than two years of depressed oil […]
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NIGERIA and the United Arab Emirates on Tuesday in Abu Dhabi signed six agreements to enhance bilateral relations between them. According to a statement by the Special Adviser on Media and Publicity, Mr. Femi Adesina, the signing of the agreements on trade, finance and judicial matters was witnessed by President Muhammadu Buhari and the Crown […]
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