The collaborative track, which is to be taken from Shakira's new studio album, will be released in four days time on Monday 13 January.
Earlier this week, Latin popstar Shakira shared a temporary single artwork cover with fans on Twitter, which showed two director chairs with the popstars' names emblazoned across it.
This will be Shakira and Rihanna's first collaboration together, and seeing as they both look smoking hot on the official cover, we can't wait to hear the single!
While Rihanna lays on Shakira's lap in a satin black swimsuit, 'Hips Don't Lie' singer Shakira looked equally gorgeous in a black cut-out one-piece as she sported her wavy blonde locks.
Mum-of-one Shakira told fans that she was "excited" for the release of the single, and in an interview with Glamour this month, she described working with Rihanna as "utopia".
"The chemistry was so good and so real," Shakira continued. "She taught me dance moves. She was a sweet teacher.
Shakira, who will return to the judging panel for season six of The Voice US in February, will release her upcoming album in English, which will be the first since her 2009 album She Wolf.
Watch Shakira's video for 'Hips Don't Lie' below: