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By Tajuddin
In BUSINESS
Sep 29th, 2016
0 Comments
1078 Views
Nairobi, Kenya ( DIPLOMAT.SO) – Somalia’s offshore potential oil and gas reserves has garnered the attention of many international oil companies. The potential of these reserves, if managed well, will provide consistent revenue streams that could catalyse the economic development of Somalia. Th...
By Tajuddin
In BUSINESS
Sep 28th, 2016
0 Comments
755 Views
Moscow, Russia (Xinhua + DIPLOMAT.SO) – Russia will lift its ban on imports of Egyptian fruits and vegetables, except for potatoes, the Russian news agency Sputnik reported Tuesday. Russia and Egypt agreed to resume deliveries of agricultural produce from Egypt to Russia, except for potatoes, o...
By Tajuddin
In BUSINESS
Sep 28th, 2016
0 Comments
777 Views
Rio de Janeiro, Brazil (Xinhua + DIPLOMAT.SO) – Brazil’s economic prospects are improving, however recovery will be difficult, U.S. credit rating agency Moody’s said on Tuesday. The rating agency predicted that Brazil’s economy will contract 3.5 percent in the current year, wh...
By Tajuddin
In BUSINESS
Sep 27th, 2016
0 Comments
807 Views
Algiers, Algeria ( Reuters + DIPLOMAT.SO) – Iran rejected on Tuesday an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply, dashing market hopes the two major OPEC producers would find a compromise this week to help ease a global glut of crude. “The gap ...
By Tajuddin
In BUSINESS
Sep 27th, 2016
0 Comments
791 Views
Khartoum, Sudan (SUNA + DIPLOMAT.SO) – A grant agreement worth $ 5 million from the World Bank was signed Monday at the Ministry of Finance and Economic Planning for the improvement of public finance management at the state level in Sudan in four states including the Red Sea, the River Nile, Se...
By Tajuddin
In BUSINESS
Sep 27th, 2016
0 Comments
812 Views
Knoxville, State of Tennessee, United States of America ( Agencies + DIPLOMAT.SO) – When students returned to the University of Tennessee, Knoxville, this Fall, they had better wireless service and were more secure thanks in part to CommScope. The university’s Office of Information Technology i...
By Tajuddin
In BUSINESS
Sep 27th, 2016
0 Comments
692 Views
Asmara, Eritrea (Shabait + DIPLOMAT.SO) – Over 40% of the Housing Project which was launched by the government of Eritrea in Sembel, Space and Halibet areas has been accomplished, according to reports. The project has been undertaken by an Italian Company ‘Piccini’ in collaboration with other l...
By Tajuddin
In BUSINESS
Sep 25th, 2016
0 Comments
874 Views
Mexico (Xinhua + DIPLOMAT.SO) – An oil tanker transporting fuel for Mexican oil company, Pemex, caught fire on Saturday off the coast of the eastern state of Veracruz, although no casualties have been reported. Pemex broke the news on its official Twitter account, saying the ship named Burgos w...
By Tajuddin
In BUSINESS
Sep 25th, 2016
0 Comments
767 Views
Washington ( Reuters + DIPLOMAT.SO) – Who becomes the next U.S. president will be a primary focus for Wall Street next week and beyond, starting on Monday with the first debate between candidates Hillary Clinton and Donald Trump. While the White House race has so far had little discernible effe...
By Tajuddin
In BUSINESS
Sep 25th, 2016
0 Comments
944 Views
Addis Ababa, Ethiopia ( ENA + DIPLOMAT.SO) – The 656 km Addis Ababa – Djibouti railway line is said to start trial service in the first week of October, according to the Ethiopian Railways Corporation. The trial service is expected to last three to six months, Dereje Tefera, Chief Officer...