Qatar Airways Seeks To Buy Stakes In American Airlines

US carrier files for required permit to allow Qatar’s state-owned carrier to buy 10-percent stake in American Airlines. Continue reading “Qatar Airways Seeks To Buy Stakes In American Airlines”

DP World, Masdar Sign MoU To Explore Clean Energy Solutions

Masdar to provide technical advisory services and explore renewable energy solutions for DP World’s ports and free zones in the Middle East and Africa Continue reading “DP World, Masdar Sign MoU To Explore Clean Energy Solutions”

Qatar Says Fighter Jets Deal Shows Deep U.S. Support

Doha, Qatar – A $12 billion deal to buy U.S. F-15 fighter jets shows Qatar has deep-rooted support from Washington, a Qatari official said on Thursday, despite President Donald Trump’s repeated accusations that Doha supports terrorism. Continue reading “Qatar Says Fighter Jets Deal Shows Deep U.S. Support”

Gulf Ministers Face Off Over Qatar Airspace Row At U.N. Agency

Montreal, CA – Gulf aviation officials met on Thursday to discuss the airspace standoff resulting from the Arab world’s biggest powers decision to cut ties with Qatar, prompting Doha to invoke a 1944 international agreement to try to ease the logjam. Continue reading “Gulf Ministers Face Off Over Qatar Airspace Row At U.N. Agency”

WorldRemit Adds Android Pay As Secure Option For Migrant Remittances

San Francisco – Cross-border money transfer service WorldRemit is enabling its immigrant customer base to send money home using Android Pay, making it the first international remittance firm to run on the Google payments system, the company said on Tuesday. Continue reading “WorldRemit Adds Android Pay As Secure Option For Migrant Remittances”

Qatar Diplomatic Crisis: All The Latest Updates

The latest news after Arab Gulf countries cut diplomatic ties with Qatar and suspended Doha-bound flights. Continue reading “Qatar Diplomatic Crisis: All The Latest Updates”

Djibouti Opens Doraleh Multipurpose Port

Djibouti has officially opened the Doraleh Multipurpose Port (DMP), marking the completion of the USD590 million project. Continue reading “Djibouti Opens Doraleh Multipurpose Port”

Refugee Turned Fintech Chief Aims To Upend A $444 Billion Market

By Edward Robinson

WorldRemit uses mobile money to make inroads in remittances Continue reading “Refugee Turned Fintech Chief Aims To Upend A $444 Billion Market”

DP World Bullish On Emerging Markets

DP World will spend $1.2 billion this year, adding capacity at its flagship Jebel Ali port in Dubai and in ports in China, Senegal, Somaliland, Canada and the United Kingdom. Continue reading “DP World Bullish On Emerging Markets”

dpworld

Port Operator DP World’s Profits Up By 28 Percent In 2016

DUBAI, United Arab Emirates (AP) — Dubai-based DP World, one of the world’s largest international port operators, says its full-year profits in 2016 rose nearly 28 percent and revenue climbed almost five percent. Continue reading “Port Operator DP World’s Profits Up By 28 Percent In 2016”

Somalia Threatens To Impose Ban On Miraa From Kenya

WorldRemit’s Ismail Ahmed Thinks Mobile Money Accounts Are The Future

WorldRemit founder and CEO Ismail Ahmed took the stage at TechCrunch Disrupt London to talk about his company and his views on the future of remittances. Continue reading “WorldRemit’s Ismail Ahmed Thinks Mobile Money Accounts Are The Future”

WorldRemit Helps Ugandans In Diaspora Overcome Money Transfer Challenges

Uganda is one of the leading countries in the world for mobile money and consequently is leading the way in mobile money remittances too Continue reading “WorldRemit Helps Ugandans In Diaspora Overcome Money Transfer Challenges”

DNO Reports Payment For Tawke Deliveries

Oslo, Norway, October 3, 2016 – DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 37.40 million from the Kurdistan Regional Government as payment towards July crude oil deliveries to the export market from the Tawke field. Continue reading “DNO Reports Payment For Tawke Deliveries”

World Remit CEO Ismail Ahmed To Speak At Disrupt London

TechCrunch Disrupt London is coming this December. The two-day conference runs December 5 to 6 in the Olympic Village’s Copper Box Arena and features Continue reading “World Remit CEO Ismail Ahmed To Speak At Disrupt London”

China Sets Up Shop In Africa

By   Jeffrey Payne

China’s military strategy takes a substantial leap with the construction of its first overseas military installation in Djibouti. Continue reading “China Sets Up Shop In Africa”

Clearing The Jam At Djibouti

James Jeffrey

With crop failures ranging from 50% to 90% in parts of the country, Ethiopia, sub-Saharan Africa’s biggest wheat consumer, was forced to seek international tenders and drastically increase wheat purchases to tackle food shortages affecting at least 10m people. Continue reading “Clearing The Jam At Djibouti”

Blow To Industry After Somalia Bans Miraa Cargo Flights

Miraa traders in the country have been dealt yet another blow after the Somali government suspended all flights transporting the commodity from Kenya to Mogadishu. Continue reading “Blow To Industry After Somalia Bans Miraa Cargo Flights”

WorldRemit Calls For Urgent Restoration Of Money Transfers To Nigeria

PRESS RELEASE

Hundreds of global remittance companies forced to cease transfers while Western Union, MoneyGram and Ria continue Continue reading “WorldRemit Calls For Urgent Restoration Of Money Transfers To Nigeria”

Special Report: The Impact Of ‘Brexit’ On Africa

Following the UK’s surprise vote to leave the EU, we assess the probable impact such a departure would have on African trade, investment, and security policy. Continue reading “Special Report: The Impact Of ‘Brexit’ On Africa”