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By Tajuddin
In BUSINESS
Aug 16th, 2014
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3627 Views
Doha (DIPLOMAT)- Qatar Airways will become the first Gulf carrier to serve Eritrea from December 4. The Doha carrier is to operate twice-weekly flights on two-class A320s, to the capital, Asmara. On Thursdays and Saturdays, QR1443 will depart Doha at 2030 and arrive Asmara at 2359, and QR1444 will op...
By Tajuddin
In BUSINESS
Aug 16th, 2014
0 Comments
1630 Views
Seoul (DIPLOMAT)- Korean Air Lines on Thursday said that it will suspend flights to Kenya as fears about the Ebola virus persist. The airline described the move as an effort to help prevent the spread of the deadly virus. South Korean flies three flights a week between Seoul’s Incheon Airport a...
By Tajuddin
In BUSINESS
Aug 4th, 2014
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3694 Views
Washington (BLOOMBERG + DIPLOMAT) – Somalia expects to complete an assessment of its oil and gas potential this year as security gains in the battle against al-Qaeda militants enable foreign investors to return, President Hassan Sheikh Mohamoud said. Seismic studies are being conducted onshore ...
By Tajuddin
In BUSINESS
Aug 1st, 2014
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1553 Views
Khartoum (SUNA + DIPLOMAT) – the Khartoum Islamic financial forum which would be organized by the Biyan Center for Engineering of Islamic Finance with the cooperation of a number of the international financial organizations that supports the Islamic finance industry is due to held next November...
By Tajuddin
In BUSINESS
Jul 30th, 2014
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1586 Views
Washington ( AP + DIPLOMAT)- A federal magistrate judge ruled Tuesday that U.S. Marshals will not be able to able to carry out her earlier order to seize a million barrels of Kurdish crude oil unless the tanker carrying the cargo comes closer to the Texas shore. The Wall Street Journal reported that ...
By Tajuddin
In BUSINESS
Jul 29th, 2014
0 Comments
1618 Views
Singapore (DIPLOMAT)- e-Commerce giant Flipkart announced raising $1 billion from new and existing investors. Singapore’s sovereign wealth fund GIC is the new investor, which has participated in the fresh round of funding. The company has raised $760 million in the past seven years. With the latest r...
By Tajuddin
In BUSINESS
Jul 29th, 2014
0 Comments
1328 Views
New York (DIPLOMAT) – Gold was down $4.80 per ounce in trading today. The New York spot price was $1,303.50. Also on Wall Street, after dawdling between small gains and losses in a slow day of summer trading, the stock market ended little changed on Monday. Instead of worrying about the conflic...
By Tajuddin
In BUSINESS
Jul 28th, 2014
0 Comments
1905 Views
Addis Ababa (DIPLOMAT)- Ethiopian workers strolling through the parking lot of Huajian Shoes’ factory outside Addis Ababa last month chose the wrong day to leave their shirts untucked. Company president Zhang Huarong, just arrived on a visit from China, spotted them through the window, sprang up and ...
By Tajuddin
In BUSINESS
Jul 28th, 2014
0 Comments
1496 Views
Washington ( AP + DIPLOMAT )- The Federal Aviation Administration said Monday it is proposing a $12 million civil fine against Southwest Airlines for failing to comply with safety regulations related to repairs on Boeing 737 jetliners. It is the second-largest fine the agency has proposed against an ...
By Tajuddin
In BUSINESS
Jul 23rd, 2014
0 Comments
1257 Views
Washington (DIPLOMAT) – The FAA’s ban on U.S. flights to and from Israel’s main airport for a second day marks another blow to that country’s economy and a success for Hamas militants, experts said Wednesday. Even Israeli officials acknowledged the economic setback in the firs...