• Custom Search

BUSINESS

By Staff Reporter
In BUSINESS
Feb 17th, 2020
0 Comments
247 Views
Dubai (Diplomat.so) – Dubai Electricity and Water Authority (DEWA) has achieved a new world record in electricity Customer Minutes Lost (CML) per year. DEWA recorded 1.86 minutes, in Dubai, compared to around 15 minutes recorded by leading electricity companies in the European Union. This is a ...
By Staff Reporter
In BUSINESS
Feb 17th, 2020
0 Comments
201 Views
Mogadishu (Diplomat.so) – National Communications Authority (NCA) of Somalia has today announced the introduction of a unified licensing framework (ULF) in Somalia after consultation with the stakeholders. The new licensing framework, guided by the National Communications Law of 2017, offers mo...
By Tajuddin
In BUSINESS
Feb 8th, 2020
0 Comments
524 Views
Mogadishu (Diplomat.so) – On Saturday, President of the Federal Republic of Somalia, Mohamed Abdullahi Mohamed “Farmaajo”, signed in his office at the presidential palace in Mogadishu, the National Petroleum Law, after being approved by a majority of the People’s and Senate’s assemb...
By Staff Reporter
In BUSINESS
Feb 7th, 2020
0 Comments
480 Views
Washington (Diplomat.so) – According to a statement issued by US Secretary of State Michael R. Pompeo, the United States identified the Venezuelan state-owned airline Consorcio Venezolano de Industrias Aeronauticas y Servicios Aereos, S.A. (CONVIASA) as blocked property of the Government of Ven...
By Staff Reporter
In BUSINESS
Feb 6th, 2020
0 Comments
357 Views
Washington (Diplomat.so) – Today, Assistant Secretary of State for Economic and Business Affairs Manisha Singh and Kenyan Cabinet Secretary, Ministry of Transport, Infrastructure, Housing, Urban Development and Public Works James Macharia signed an important Amendment to the U.S.-Kenya Air Tran...
By Staff Reporter
In BUSINESS
Jan 27th, 2020
0 Comments
772 Views
Nairobi (Diplomat.so) – The International Monetary Fund issued a press release today announcing that Somalia has made progress in monitoring programs and financial reforms, explaining that it has made a move to monitor it in another three years, which is considered a great work in debt relief. ...
By Najwa Guled
In BUSINESS
Dec 27th, 2019
0 Comments
901 Views
Mogadishu (Diplomat.so) – The Somali capital, Mogadishu, has recently witnessed a remarkable expansion in many aspects, such as urbanism and modernity, and its streets are crowded with luxurious restaurants, cafes and hotels. These internal commercial and investment activities have restored the...
By Tajuddin
In BUSINESS
Dec 19th, 2019
0 Comments
941 Views
Washington ( Diplomat.so) – Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement following approval by the IMF Executive Board on a financing package for Somalia: “Today, the IMF Executive Board approved a financing plan that will ...
By Tajuddin
In BUSINESS
Dec 18th, 2019
0 Comments
1095 Views
Washington (Diplomat.so) – The U.S. Representative for Minnesota’s 5th congressional district Hon. Ms. Ilhan Omar issued a statement on ensuring debt relief for Somalia. In her statement, the U.S. Representative said: “I am thrilled we were able to secure debt relief for Somalia today. So...
By Tajuddin
In BUSINESS
Jul 30th, 2018
0 Comments
5278 Views
Riyadh, Saudi Arabia (Bloomberg + DIPLOMAT.SO) – Saudi Arabia agreed to build a solar power plant and sell the electricity to Iraq at a steep discount to supplies the war-torn country previously bought from the kingdom’s regional arch-rival Iran. The deal, which hasn’t been approved yet by Iraq...