Tuesday, December 12, 2017

Bahrain MP calls for more supervision on foreign remittances

An MP called to tighten the grip on foreign remittances to combat money laundering, it was announced yesterday.MP Dr. Jameela Al Sammak said in...

Somaliland: Remittance finance Promotes Economic Development – Dahabshiil CEO

Addis Abba-For three days (13/16), the Third International Conference on Financing for Development brought together high-level political representatives, including Heads of State and Government,...

Somali entrepreneur to launch scheme to ease cash transfer fears

A Somali businessman is betting on a biometric fingerprint system to keep alive vital money transfer firms which face closure after Western banks cut...

The Djibouti authorities vowed to arrest tycoon Ahmed Geele-Arab Upon his arrival In Djibouti

According to the reports Djibouti Times is getting, there is huge row between Djibouti’s president and the business tycoon Ahmed Osman who is also...

Dismayed by Brexit, fintech firm Azimo could leave London

London-based online money transfer business Azimo is considering switching its headquarters to mainland Europe because of Brexit, which it says could threaten Britain's position...

NBP announces innovative money transfer services on Eid

The National Bank of Pakistan (NBP) has revamped its innovative money transfer services “NBP Foree Cash” (instant cash delivery) and “NBP Foree Transfer” (instant...

Kenya-closed remittance companies show concern on being classified together with terrorits

Representatives of remittance companies that the Kenyan government closed last week met in Nairobi to decide a course of action to fight the closure. the...

The Ethiopian Banking Boom

The last fiscal year had been one of growth and expansion for Ethiopia’s banking sector, though still dominated by the state owned Commercial Bank...

Dahabshiil holds luncheon in honor of the Mogadishu drought relief delegation (Photos, Video)

Top management members, led by Dahabshiil Group Deputy Chairman, Abdirahman Ali Abdi, held a sumptuous, dignitary-studded luncheon in honor of a delegation that recently...

Toyota Tsusho to invest billions in Kenya’s energy sector

Toyota Tsusho Corporation said on Sunday it wanted to invest billions of dollars in Kenya’s energy sector after it successfully build the 280-megawatt Olkaria...

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Pentagon foresees at least two more years of combat in Somalia

Amid its escalating campaign of drone strikes in Somalia, the Pentagon has presented the White House with an operational plan that envisions at least...

Humanitarian data breaches: the real scandal is our collective inaction

Why it’s time for an independent investigatory body CAMBRIDGE, 8 December 2017: The news that a platform used by at least 11 major operational NGOs and...

South Yemen Will Regain Independence If It Follows These Six Steps

Independence is once again attainable for South Yemen so long as prospective peace talks result in a coalition-enforced “buffer zone” with North Yemen and...