Uae nigeria news
Here are some recent news articles related to the United Arab Emirates (UAE) and Nigeria:
UAE News
- UAE and Israel sign historic normalization agreement: The UAE and Israel have signed a historic normalization agreement, marking a significant shift in the Middle East's diplomatic landscape. The agreement was signed on August 13, 2020, and was hailed as a major breakthrough in the region's efforts to promote peace and stability. (Source: The National)
- UAE's non-oil trade with Africa reaches $23.4 billion: The UAE's non-oil trade with Africa has reached $23.4 billion, with the country's exports to the continent growing by 10% in 2020. The UAE is one of the largest trading partners of Africa, with trade between the two regions expected to continue growing in the coming years. (Source: Gulf News)
- UAE's Dubai International Airport welcomes 25 million passengers: Dubai International Airport has welcomed 25 million passengers in the first half of 2020, despite the challenges posed by the COVID-19 pandemic. The airport is one of the busiest in the world and is a major hub for international travel. (Source: Khaleej Times)
Nigeria News
- Nigeria's economy grows by 2.3% in Q2 2020: Nigeria's economy grew by 2.3% in the second quarter of 2020, driven by a recovery in the agricultural sector and a growth in the services sector. The country's economy has been facing challenges in recent years, including a decline in oil prices and a rise in inflation. (Source: Vanguard)
- Nigeria's central bank raises interest rates to combat inflation: Nigeria's central bank has raised interest rates to combat inflation, which has been rising in recent months. The bank has increased the monetary policy rate from 12.5% to 14%, in an effort to reduce inflation and stabilize the economy. (Source: This Day)
- Nigeria's government launches new economic plan: Nigeria's government has launched a new economic plan, aimed at promoting economic growth and reducing poverty. The plan, which is called the "Economic Sustainability Plan", aims to stimulate economic growth, improve infrastructure, and promote social inclusion. (Source: Premium Times)
UAE-Nigeria News
- UAE and Nigeria sign agreement to boost trade and investment: The UAE and Nigeria have signed an agreement to boost trade and investment between the two countries. The agreement, which was signed during a visit by Nigeria's President Muhammadu Buhari to the UAE, aims to increase trade between the two countries and promote investment in key sectors such as agriculture and manufacturing. (Source: The Nation)
- UAE's Etihad Airways to launch flights to Nigeria: Etihad Airways, the national carrier of the UAE, has announced plans to launch flights to Nigeria. The airline will operate flights between Abu Dhabi and Lagos, with the first flight scheduled to take off in October 2020. (Source: BusinessDay)
- UAE's DP World to invest in Nigeria's ports: DP World, a leading global logistics company, has announced plans to invest in Nigeria's ports. The company has signed a memorandum of understanding with the Nigerian government to develop and operate the country's ports, with the aim of increasing trade and economic growth. (Source: The Guardian)