Why Uganda picked UAE firm to refuel its oil refinery project.

In picking a United Arab Emirates (UAE) firm as the lead developer and investor for its 60,000-barrels-per-day oil refinery, Uganda has yet again opted for an outlier with the financial muscle but no technical expertise or footprint in the development of downstream refining facilities for oil and gas. January 23, Energy Minister Ruth Nankabirwa announced…

Uganda ,UAE in negotiation over oil refinery.

The United Arab Emirate’s Alpha MBM Investments LLC was chosen by Uganda from five companies that submitted bids for the project, Energy and Mineral Development Minister Ruth Nankabirwa told the BBC Newsday programme. The two parties are expected to reach a deal within three months. “We hope they are not going to spend a lot…

UAE ambassador to Iran to return, 6 years after relations severed

It has been more than six years since the Gulf Arab state downgraded ties with Iran after Saudi diplomatic missions attacked by protesters. The United Arab Emirates says its ambassador to Iran, Saif Mohammed Al Zaabi, would return to Tehran “in coming days”, more than six years after the Gulf Arab state downgraded ties with…

UAE stance on Ukraine war reflects ‘strong alliance’ with Russia

UAE toes fine line as it navigates increasingly strong ties with Moscow amid Western fallout over Ukraine conflict, say analysts. By Arwa Ibrahim As the Western world moves to diplomatically isolate Russia amid widespread global condemnation over its war on Ukraine, the United Arab Emirates (UAE) stands out as one of a few countries keen…