In news from the Middle East and North Africa (MENA), the United Arab Emirates is a cornerstone of the regional economy, attracting international investment and acting as a base for many global companies that do business in the wider region.
But more than just a focus of international interest, the UAE is also home to a thriving community of homegrown companies working in the realms of technology and finance. As these companies grow, they are increasingly establishing a MENA-wide footprint.
The World to the UAE
This week, United Bank for Africa (UBA) extended its operations to the UAE with the official launch of its new branch at the Dubai International Financial Center (DIFC).
The latest international branch for the pan-African financial services group is an indication of the growing importance of the UAE as a source of investment and strategic ally for African businesses.
“The authorities and business environment here in the DIFC is phenomenal, and UBA is seeing Dubai as the...
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