logo
Sheikh Abdullah meets Ugandan President Yoweri Museveni

Sheikh Abdullah meets Ugandan President Yoweri Museveni

The National08-05-2025

Sheikh Abdullah bin Zayed, Deputy Prime Minister and Minister of Foreign Affairs, met Ugandan President Yoweri Museveni in Entebbe on Thursday. At the meeting, part of Sheikh Abdullah's working visit to the African nation, the two sides discussed bilateral relations, state news agency Wam reported. They also discussed joint efforts to expand and develop co-operation across sectors, particularly economic, trade, investment and energy. Sheikh Abdullah said the UAE's relationship with Uganda offers promising opportunities and growth potential. He also highlighted the UAE's commitment to establishing sustainable development partnerships with friendly African countries. Six agreements were signed after the meeting. The first covered investment co-operation between the two nations. The second was a deal between the Anwar Gargash Diplomatic Academy and the Ugandan Ministry of Foreign Affairs. The third was between the UAE Ministry of Energy and the Ugandan government. A mutual visa waiver was also agreed, as was a deal between Etihad Rail and the Ugandan government. Lastly, a deal was struck between Presight, an Emirati company specialising in big data analysis powered by artificial intelligence, and Uganda's National Information Technology Authority. The meeting was also attended by Sheikh Shakhbout bin Nahyan, Minister of State; Saeed Mubarak Al Hajeri, Assistant Minister of Foreign Affairs for Economic and Commercial Affairs; and Abdullah Hassan Obaid Al Shamsi, UAE Ambassador to Uganda.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

CI Capital successfully concludes EGP 665.5mln securitized bond issuance for Aman Consumer Finance
CI Capital successfully concludes EGP 665.5mln securitized bond issuance for Aman Consumer Finance

Zawya

time3 hours ago

  • Zawya

CI Capital successfully concludes EGP 665.5mln securitized bond issuance for Aman Consumer Finance

Cairo: CI Capital ( the leading diversified financial services group, announced today the successful conclusion of the third securitized bond issuance on behalf of Aman Securitization, with the originator being Aman Consumer Finance. The issuance comes in 3 tranches: the first valued at EGP 307 Mn, with a tenor of 6 months, The second tranche, valued at EGP 222 Mn, with a tenor of 12 months. Both tranches received a Prime 1 rating from Middle East Ratings and Investor Services (MERIS). The third tranche, valued at EGP 136.5 Mn, with a tenor of 23 months, received a rating of A-. "This issuance, marking the Seventh issuance concluded by CI Capital for Aman Holding, a portfolio company of Raya Holding, reflects CI Capital's series of successes by executing numerous key transactions, further reinforcing our leading position as Egypt's leading advisory house. This issuance also affirms our ability to provide our clients with diverse and innovative investment solutions,' Commented Amr Helal, Chief Executive Officer (Sell-Side) of the Investment Bank at CI Capital. 'CI Capital has effectively concluded seven securitized bond issuances for Aman since 2023, strongly indicating the solid partnership between the two companies. He expressed his aspiration to enhance strategic cooperation between the two companies further, considering Aman one of CI Capital's most significant partners,' Added Helal. In the same context, Eng. Hazem Moghazi, Co-CEO of Business and Commercial Affairs at AMAN Holding, added: 'The success of this issuance reflects the strong confidence that investors place in AMAN Holding and in the Egyptian market overall. Since the launch of our securitization program, we have successfully completed issuances totaling nearly EGP 9.7 billion to date, which stands as a testament to our commitment to sustainable growth and to contributing to the development of Egypt's non-banking financial sector. We are proud to collaborate with all stakeholders involved in AMAN Securitization's various issuances, and we remain committed throughout 2025 to implementing our strategy of diversifying funding sources and enhancing financial transparency—supporting market stability and aligning with the aspirations of the national economy.' Mohamed Abbas, Head of DCM at CI Capital, expressed his pleasure for the successful conclusion of the issuance in partnership with Aman, noting that Aman is one of CI Capital's key success partners. He also emphasized his pride in the enduring relationships with Aman, having executed issuances with innovative structures and solutions. Finally, Abbas highlighted the substantial investor interest in the issuance, reflecting strong market confidence in both CI Capital and Aman's portfolio performance. CI Capital acted as financial adviser, issuance manager, and arranger in the issuance, while Zaki Hashem & Partners acted as the legal advisor, and United for Auditing, Tax, Advisory & Financial Services (UHY) acted as the issuance's financial auditor. About CI Capital Holding for Financial Investments CI Capital Holding for Financial Investments (Ticker: CICH EY, is a diversified financial services group and Egypt's leading provider of leasing, microfinance, mortgage finance, consumer finance, and investment banking products and services. Through its headquarters in Cairo, and presence in New York and Dubai, CI Capital Holding for Financial Investments offers a wide range of financial solutions, to a diversified client base that includes global and regional institutions and family offices, large corporates, SMEs, and high-net-worth and individual investors. CI Capital Holding for Financial Investments leverages its full-fledged investment banking platform to provide market-leading capital raising and M&A advisory, asset management, securities brokerage, custody, and research. Through its subsidiary, Corplease, CI Capital offers comprehensive leasing solutions, including finance and operating leases, and sale and leaseback, serving a wide range of corporate clients and SMEs. Additionally, CI Capital Holding for Financial Investments offers microfinance lending through Egypt's first licensed MFI, Reefy. The Group has over 4,000 employees, led by a team of professionals who are among the most experienced in the industry, with complementary backgrounds and skill sets, and a deep understanding of local market dynamics. Banque Misr, one of Egypt and Africa's most renowned financial banks, is the majority shareholder of CI Capital Holding. For more information, please contact CI's Investor Relations Department Email:

Kirsty Coventry Unveils Collaborative & Inclusive International Olympic Committee (IOC) Leadership Vision at First Public Media Roundtable
Kirsty Coventry Unveils Collaborative & Inclusive International Olympic Committee (IOC) Leadership Vision at First Public Media Roundtable

Zawya

timea day ago

  • Zawya

Kirsty Coventry Unveils Collaborative & Inclusive International Olympic Committee (IOC) Leadership Vision at First Public Media Roundtable

In her first major media appearance since being elected President of the International Olympic Committee (IOC), Kirsty Coventry offered a strikingly human portrait of the leader she intends to be: humble, collaborative, and unwaveringly grounded in the values of sport, equity, and Olympism, as she addressed international media during an online open roundtable on Zoom this afternoon. FIRST WOMAN&AFRICAN Speaking candidly for over an hour, the Zimbabwean reflected on the life journey that brought her from the pools of Harare to the corridors of Olympic power in Lausanne. Her presidency, set to begin officially on Olympic Day, 23 June 2025, will mark a historic moment as she becomes the first woman and first African to lead the IOC. GROUNDED LEADERSHIP Coventry made it clear that her leadership will not be rooted in authority, but in consensus and a collaborative, human-centred vision: 'In both my personal and professional career, I've always had incredible people around me to keep me grounded and humble; those are people whom I will continue to keep around me.' She added: 'Values are at the core of our daily business, they're incredibly important in today's communities, and I hold this very close to my heart.' WHY IOC FORUMS MATTER Replying to a question from Japan's Wakako Yuki on the role of IOC Forums in attribute Conventry's vision as president, "I have a vision that I would like to see, but I want to do it in a collaborative way. The Athletes Forum, eSport, Olympism365, the two ASOIF and WOF General Assemblies have been great platforms to listen to people, to hear topics that are important to them." 2ND MEDIA ROUNDTABLE IN SIGHT Coventry announced that immediately following the IOC Session on June 23-24, she has invited members to stay for a two-day 'pause and reflect' workshop, an opportunity for honest dialogue about the IOC's challenges and future direction: "I've invited the IOC members to stay two extra days so that I can hear what is on their mind and what they see as our opportunities and what they may see as our challenges, as we move into the future and come up with different ideas. This is the first point in a longer consultation process with all stakeholders, including yourselves as media, where we'll create another round table where I'll get to ask you all a bunch of questions. That will strengthen the Olympic movement in a collaborative way." VALUES CARRIED TO IOC PRESIDENCY Nadine Hassan from Jordan asked Kirsty, looking back on her journey, from Olympic champion to minister and now IOC President, which moments off the podium had the greatest impact in shaping the person she is today? "I'll need a moment to properly reflect on this. I think I'd have to go back to my roots. Growing up in Zimbabwe played a huge role. It's a small community in many ways. We're a big country geographically, but we're just 15 million people, and we lean on each other. "I think that kind of upbringing, maybe a bit more sheltered, surrounded by strong values and close-knit support, helped me understand the importance of having grounded, humble, genuine people around me. And it's those people who've consistently reminded me of where I come from. That's been one of the most powerful influences throughout my journey. CHALLENGES, AND DIFFICULT MEN.. New York Times reporter Tariq Panja referenced Coventry's previous remarks about dealing with 'difficult men.' She smiled knowingly and recounted the pressures she faced as a young Olympic medallist representing Zimbabwe during politically turbulent times: "As athletes, we had a lot of pressure coming from different government officials in Zimbabwe, and you know, it was hard. To look at others and trying to say, I'm an athlete, I don't believe in the politics in sport. I want to just focus on performing well," She said, without names mentioned, 'Looking back now, it taught me a lot about how to work with people, how to be respectful of differing opinions and still move forward on a shared agenda." WOMEN SUPPORT WOMEN USA's Rachel Axon asked, How has your career been shaped by other women at various career points, adding the gender equality initiatives to your role as female IOC President. Conventry highlighted the women who shaped her path, from her mother and grandmother to her university head swim coach, even Olympic trailblazers like Donna de Varona: She said,"My grandfather passed away when Mom was in her late teens. And so my grandmother was a single mom for most of her life, with three kids, and both were just incredibly strong women who raised families, and I think my mom's pretty great, and my uncle and aunt. She did a great job, but she also had a successful career in fashion. My mum got to see her doing that, so she was always an incredible role model for my sister and I." She adds: "My swim coach, Kim, who became a Division I coach while her husband was deployed overseas, with two very young kids, watching how she balanced that was inspiring. When we were preparing for the 2004 Olympics, her eldest came to Athens as a baby.. Again, I've been fortunate in my life to have very strong women around me who have shown me that it's possible. It's not always easy, but it's possible," noting her hope to pay that inspiration forward, especially for her two daughters. AFRICAN HERITAGE A question from China's Mandan Zhu touched on Coventry's rich international background and the impact of her African heritage, coming from Harare to Lausanne as a little girl with big dreams,"I can remember exactly where I was standing in my parents' living room. I was still in my swimsuit, feeling cold after swimming in the pool, only to stand in front of the TV and watch divers compete. I would say that there's never a dream too big. "You know, where there is a will to achieve, there's a way. And don't let someone talk you out of having that dream of what could be the best thing that happens to you. It's quite powerful." WEIGHT OF BEING 'FIRST' British journalist Jamie Gardner asked Coventry about the significance of becoming the IOC's first female president at this particular moment in history. While she admitted it wasn't something she initially focused on, the outpouring of messages from women around the world has since left a powerful mark: 'I had a coworker tell me that his mum said, 'Never in my lifetime did I think I'd see a woman lead the movement you work for.'' That moment, she admitted, hit her deeply. 'It's not just an exciting day, it's a day with a lot of responsibility.' FROM SYDNEY TO BRISBANE Australia, particularly the Sydney 2000 Games, remains a defining touchstone for Coventry's Olympic journey. Asked about her journey coming full circle, from a wide-eyed young swimmer at Sydney 2000 to President for Brisbane 2032, Coventry shared a funny tale about struggling to put on her first Speedo sharkskin suit, helped up by none other than Australian legend Susie O'Neill: 'When we arrived in Sydney, I went into the changing room to try my Speedo suit on, and it turned into a total disaster. I had one leg in, was struggling to get the other in, lost my balance completely, and toppled over. Mortifying. Then this amazing person next to me leans down to help, and as I look up, I realise… It's Susie. I never forget that moment because she was a role model to me, those Games, changed everything for me,' she recalled. 'Now I hope Brisbane will show the world the warmth and passion of Australia, and inspire the next generations like Sydney did for me.' LIFTING VOICES As the media roundtable with IOC President-elect Kirsty Coventry progressed, her clarity of purpose sharpened further. In a movement often shaped by the world's most powerful nations, Coventry made a point of bringing attention to her roots, and how they shape her priorities: 'I come from a much smaller NOC, a developing country,' she said of Zimbabwe. 'And I understand the challenges our athletes face. How do we close that gap? How do we ensure that athletes from all walks of life, if not with the same opportunities, at least have equal opportunities?' Coventry affirms that she intends to elevate voices often left on the margins. Her presidency, she hinted, will focus as much on inclusion as it will on innovation. LEARNING FROM YOUNG GENERATIONS Perhaps the most poignant reminder of who Coventry is, and who she intends to be as IOC President, came when she spoke about her own children. 'They're a daily reminder of our responsibility to keep sport relevant, and to listen, really listen, to what young people think is important. Kids are honest,' she said with a smile. 'And sometimes that's a very good thing.' Her two young daughters, she explained, are constant reminders that sport must remain relevant and engaging for younger generations. Despite the gravity of her new role, Coventry remains adamant about keeping her family grounded: 'We won't be staying in the Lausanne Palace. I want my kids to grow up doing the same things I did, making their beds, doing house chores, and just being kids.' ROAD AHEAD As Kirsty Coventry prepares to officially assume the role on June 23, her message is one of optimism, inclusivity, and integrity. With the weight of history on her shoulders and the wind of lived experience at her back, she is poised not just to lead the Olympic Movement but to reshape it for the modern age, starting by one athlete, one story, one honest conversation at a time. Distributed by APO Group on behalf of International Sports Press Association (AIPS).

Central African Republic: Breakthrough as ex-combatants of rebel group are convicted for war crimes and crimes against humanity but trial tarnished by absence of four defendants
Central African Republic: Breakthrough as ex-combatants of rebel group are convicted for war crimes and crimes against humanity but trial tarnished by absence of four defendants

Zawya

time2 days ago

  • Zawya

Central African Republic: Breakthrough as ex-combatants of rebel group are convicted for war crimes and crimes against humanity but trial tarnished by absence of four defendants

Reacting to the news that the Special Criminal Court has convicted six former combatants of the Popular Front for the Rebirth of the Central African Republic (Front populaire pour la renaissance de la Centrafrique) for crimes against humanity and war crimes, Alice Banens, Legal Adviser at Amnesty International, said: 'The decision handed down by the Special Criminal Court (SCC) in the Ndélé 2 case represents a breakthrough in the fight against impunity for serious crimes committed in the Central African Republic. Light has been shed on the atrocities committed in Ndélé in March 2020. 'However, four of the six people found guilty and given heavy sentences were convicted in absentia. Amnesty International considers that the defendant's right to be present at their trial, to prepare their defence with their lawyer, and to address the Court directly are pillars of the right of defence, without which there can be no fair trial. 'Several suspects who are accused of serious crimes and subject to arrest warrants from the SCC are still at large. This situation continues to deprive victims of their right to truth, justice and effective reparation. The execution of arrest warrants is essential if the fight against impunity is not to be selective.' Background In the Ndélé 2 case, six defendants were found guilty of crimes against humanity, including murder, attempted murder, inhuman acts and persecution, and war crimes, and sentenced to between 18 and 25 years' imprisonment. In March 2020, the town of Ndélé, in the north-east of the country, was attacked by members of the Popular Front for the Rebirth of the Central African Republic, an armed group from the former Séléka coalition. The violence left dozens dead and displaced hundreds of people. The Special Criminal Court is a hybrid court set up in the Central African Republic in 2018. It is composed of Central African and non-Central African judges and personnel. It was created to investigate, prosecute and judge the most serious crimes committed since 2003. The Ndélé 2 case is the third to be heard by the SCC since the effective start of its judicial work, following the Paoua and Ndélé 1 cases. In 2020 and 2021, Amnesty International published two reports analyzing the challenges facing the SCC. The organization called for increased support for the Court and greater transparency. Distributed by APO Group on behalf of Amnesty International.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store