The United Arab Emirates (UAE) has announced its decision to withdraw from the Organisation of Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance. The Gulf state made this known on Tuesday, April 28, saying it takes effect May 1, 2026. The decision marks a significant shift in global energy geopolitics, as the UAE was …
Nigeria and the United Arab Emirates (UAE) signed the Comprehensive Economic Partnership Agreement (CEPA) on Tuesday, January 13, 2026, strengthening their economic ties. This historic agreement represents a substantial departure from past diplomatic hitches to a future of deep economic cooperation. A statement from the State House said the bilateral agreement will remove trade barriers, …
President Bola Tinubu has announced that Nigeria will co-host Investopia with the United Arab Emirates (UAE) in Lagos next February. The conference aims to attract global investors and enhance sustainable investment inflows. Tinubu made the announcement on Tuesday during the 2026 Abu Dhabi Sustainability Week (ADSW), where Nigeria concluded a Comprehensive Economic Partnership Agreement (CEPA) …
President Bola Tinubu has stated that the Comprehensive Economic Partnership Agreement (CEPA) Nigeria signed with the United Arab Emirates (UAE) is a historic one that will deepen cooperation in the areas of aviation, agriculture, climate-smart infrastructure, logistics and digital trade, creating enduring opportunities for the people of the two countries. Tinubu stated this while speaking …
The global Islamic fintech sector is on a swift upward trajectory. According to the 2022 Global Islamic Fintech (GIFT) Report, the market witnessed transaction volumes of around $79 billion in 2021, with projections to reach $179 billion by 2026—an annual growth of approximately 18%. While key Islamic fintech hubs currently include Saudi Arabia, Malaysia, UAE, Turkey, …
