UAE Extends Lifeline to Sudanese Refugees in Uganda’s Kiryandongo Camp

-
Image
 The United Arab Emirates (UAE) has reinforced its reputation as a global leader in humanitarian aid with the distribution of 30,000 food baskets to Sudanese refugees in Uganda’s Kiryandongo camp. This initiative, benefitting nearly 100,000 displaced individuals, represents the second phase of the UAE’s sustained humanitarian efforts, which commenced in April 2024. A Lifeline for Refugees The Kiryandongo camp, home to thousands of Sudanese refugees who fled the ongoing crisis in their homeland, has seen its inhabitants struggle with food insecurity and basic needs. The UAE’s food aid has provided a critical lifeline, addressing immediate food shortages and offering hope to a vulnerable population. The distribution event was overseen by UAE Ambassador to Uganda, Abdullah Al Shamsi, who was joined by Ugandan officials and civil society representatives. During the event, Ambassador Al Shamsi reiterated the UAE’s unwavering commitment to international solidarity, emphasizing the nation’s $
Post a Comment

UAE was ranked as the third-largest foreign direct investment market globally in terms of project activity in 2023

-

 

UAE

This  2024  , UAE have built a gateway to growth  023 FDI Confidence Index for emerging markets, the UAE ranks 3rd globally  and 1st in MENA. Investors recognize that our global mindset, dynamic ecosystem and future readiness generate long-term results. 

“The UAE is just one of those places where it's almost a real safe haven for investors, and investors continue to come,” Glenn Barklie said 

“In FDI, there's a big domino effect, a couple of companies come in, they're seen as successful, other companies think 'I'm going to come in and get a piece of the pie as well'. He cited increased project activity in Abu Dhabi, adding “and then you have Dubai which is the leading destination city globally and has been since 2021”. 

 UAE strategy with innovation at its core for a long time, attracting the right companies and building clusters 

As many  professional even  billioners  wanted  to setup thier  businesse  in UAE  like  Business and professional services, software and IT services, financial services, tourism, logistics, construction and real estate were among sectors that attracted foreign investment in the Middle East. 


Comments

Post a Comment

Popular posts from this blog

Enhancing Relationships: Sheikh Khaled’s Trip to India Signals a New Phase of UAE-India Relations.

-
The visit of H.H Sheik Khaled bin Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi to India is more than just a mere ceremonial occasion; this visit stands as a clear testimony of the longevity and dynamism of UAE-India relations. This association has become complex over time involving not just the economy but also major concerns such as sustainable development, trade, climate action etc. The dynamic relationship between the two nations has been redefined from their historical links into contemporary strategic alliances which makes this visit a natural follow-on from long-standing ties. Relationship between UAE and India are very historical in nature that started during the time when Sheikh Zayed bin Sultan Al Nahyan was the founder of UAE, whereby his coming to India in 1975 established strong cultural and diplomatic ties. This has been done through several high-profile exchanges including the signing of the Comprehensive Strategic Partnership Agreement in 2017 which made these
Read more

No Time for Climate Delay at COP28

-
Image
  This year's global climate summit begins in Dubai. Did you know that Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and President of COP28 , stressed the essential need for immediate climate action before to the summit? The shrinking time period and the global community's progress since the Paris Agreement's adoption in 2015 emphasize the urgency.  Let us first discuss the cop conference  and what I believe Cop28 will do.  First Cop summit  emphasizes that major strides have been made since COP21, guiding the earth away from the initially forecast 3°C global warming and toward around 2.5°C.  Second, according to the International Energy Agency's most recent projections, global carbon emissions will peak in this decade, intensifying the need for comprehensive climate policies. I believe in cOP28  It is fitting, then, that this year’s climate summit should happen in a place famous for sitting at the intersection of finance and innovative th
Read more

The UAE's Masdar Initiative boosts Kenya's geothermal sector to spur the green energy revolution.

-
Image
  During the Green Industrialisation Initiative in Dubai, President William Ruto announced a collaboration on geothermal energy development, marking a significant development for Kenya's energy sector. Kenya's Geothermal Development firm is partnering with Indonesia's Pertamina Geothermal Energy (PGE), with funding from Masdar, the UAE 's renewable energy firm.    Kenya's energy sector faces issues such as high generation costs and inefficiency, which limit access to electricity. The collaboration seeks to address these concerns by harnessing the knowledge and investments of international partners. Masdar has invested heavily in PGE and sees Kenya as a significant player in Africa's renewables market. Abdulla Zayed, Masdar's Director of Investment Development, emphasized the significance of partnership in realizing Kenya's energy potential. The company's approach targets transformative initiatives that are consistent with national energy transition o
Read more