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DP World Wins 30-Year Concession for Greenfield Port of Banana in the Democratic Republic of the Congo

The initial investment of $350 million will be spread over 24 months and the total project cost of more than $1 billion over four phases will be dependent on market demand for the port, industrial and logistics zone infrastructure DUBAI, United Arab Emirates, March 25,...

Saudi Arabia strongly condemns terrorist bombing in Mogadishu

RIYADH, 23rd March, 2018 (WAM) -- An official source at the Ministry of Foreign Affairs of the Kingdom of Saudi Arabia yesterday, expressed strong condemnation and denunciation of the explosion that took place in front of an hotel in Somalia's capital of Mogadishu, leaving...

Somaliland President inaugurates trade office in Dubai

Office to support investment between African nation and UAE   Dubai: Somaliland opened on Monday a trade office in Dubai as the country works to boost its trade ties with the UAE. The trade office will offer import and export advice to help Somaliland companies in the...

UAE asks Turkey to respect Arab states’ sovereignty

DUBAI: A senior United Arab Emirates official said on Saturday Turkey's policy towards Arab states was not reasonable and advised it to respect their sovereignty. Relations between the two countries have been strained by Ankara’s support for Qatar after Saudi Arabia, the UAE, Bahrain and...

UAE Deputy PM Receives Somaliland President at Presidential Palace

Horndiplomat-Somaliland President HE.Muse Biihi Abdi and his large delegation Met with Sheikh Mansour bin Zayed Al Nahyan (deputy prime minister of the United Arab Emirates and minister of presidential affairs ) at UAE presidential Palace in Abu Dhabi. The meeting was discussed by the political...

Ethiopia-UAE Joint Technical Committee Meeting commences in Addis Ababa

Horndiplomat-The 2nd Ethio-UAE Joint Technical Committee Meeting opened in Addis Ababa on Monday (March 05, 2018), serving as an effective platform for the development of the bilateral cooperation at various levels within a range of economic sectors, and contributing towards the success of the...

Al Arabiya English Exclusive Interview with Somaliland Foreign Minister

video
By Awad Mustafa The self-declared Republic of Somaliland is looking to the Gulf secure its borders within the horn of Africa due to the regional instability. The autonomous state is also looking to deepen its economic and security ties with Arabian Gulf countries, Foreign Minister Saad...

Ethiopia to join Somaliland, UAE port development venture

Ethiopian government has taken a 19 percent stake in Somaliland's Port of Berbera. Dubai's state-owned DP World said on Thursday the Ethiopian government had taken a 19 percent stake in Somaliland's Port of Berbera. The port operator said it would retain a 51 percent stake in...

DP World accuses Djibouti of illegal seizure of Dorelah port

DUBAI, Feb 22 (Reuters) - Dubai-based port operator DP World accused Djibouti of illegally seizing control of Doraleh Container Terminal on Thursday, after the Djibouti government said it was unilaterally terminating DP World’s contract to run the terminal. “The Government of Djibouti today illegally seized...

Djibouti’s investment environment dealt ‘strong shock’

DP World contributes millions of dollars of direct, indirect economic benefits to Djibouti Dubai: Ports operator DP World has contributed hundreds of millions of dollars of direct and indirect economic benefits to Djibouti, enhancing the African country’s attractiveness as an investment destination in East Africa. DP...