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By Tajuddin
In BUSINESS
Sep 27th, 2016
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612 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
614 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
631 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
513 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
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665 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
590 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
731 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...
By Tajuddin
In BUSINESS
Sep 23rd, 2016
0 Comments
715 Views
Abuja, Nigeria ( Reuters + DIPLOMAT.SO) – Nigeria has hunted down 700,000 firms that have never paid taxes as the country seeks new revenue sources to offset low oil prices that have pushed Africa’s biggest economy into its first recession in more than 20 years, its tax chief said. Tunde ...
By Tajuddin
In BUSINESS
Sep 23rd, 2016
0 Comments
689 Views
Addis Ababa, Ethiopia ( Reuters + DIPLOMAT.SO) – Egypt, Sudan and Ethiopia commissioned studies into the environmental and economic impact of a $4 billion dam on the Nile that Addis Ababa aims to make the centerpiece of its bid to become Africa’s biggest power exporter. The 6,000-megawatt...
By Tajuddin
In BUSINESS
Sep 23rd, 2016
0 Comments
807 Views
Mogadishu, Somalia ( DIPLOMAT.SO) – Somali president Hassan Sheikh Mohamud said in a television interview that Somalia will not recognize any agreement out of the system as illegal. He said in the interview, “We do not know officially whether there was an Joint Venture between Somaliland ...