Tuesday, December 11, 2018

Woman will be face of redesigned $10 bill, Treasury says

Treasury Secretary Jacob Lew will officially announce Thursday that the redesigned $10 bill will feature the first woman on the nation’s paper money in...

Why Singapore is putting its oil back into the ground

https://www.youtube.com/watch?v=6h5t6uQW2Yo The Jurong rock caverns in Singapore are defying the challenge of limited land space by creating a deep underground storage facility for the city-state's...

Faces of the Somali Remittance Crisis

It’s been three months since the start of the Somali remittance crisis, when Merchants Bank of California—the financial institution that facilitated 60 to 80...

Remittances from Europe provide ‘lifeline’ to millions worldwide, says UN agency

According to a report released today by the Rome-based United Nations International Fund for Agricultural Development (IFAD), migrant workers living in Europe last year...

Flydubai plans fifth destination in Pakistan

Dubai-based carrier flydubai plans to launch direct daily flights to Faisalabad, the third largest city in Pakistan, together with an increase in the frequency...

The entrepreneur behind the schoolbag that transforms into a light at night

When South African childhood friends and later entrepreneurs Thato Kgatlhanye and Rea Ngwane finished high school, they knew they wanted to start something that...

Build it and they will come

THE small Polish town of Pacanow has survived wars, revolutions and floods. It is a nondescript place, but it has one advantage over cities...

Entrepreneur of the year: a Bedouin turned businessman

Don't ask Mohed Altrad how old he is. He may be a billionaire, but he doesn't know his age. No records. He's round about...

Zimbabwe dollars phased out

Zimbabwe is phasing out its local currency, the central bank says, formalising a multi-currency system introduced during hyper-inflation.Foreign currencies like the US dollar and...

UAE: Indians, Pakistanis, Filipinos top remittance charts

Top money senders transferred Dh74 billion to their home countries in 2014. Expatriates from India, Pakistan and the Philippines are the biggest money senders in...

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Sada Mire Somaliland

Somaliland: ‘Lessons from my Heritage’ – Sada Mire

Hargeisa, the capital city of the self-declared state of Somaliland, is Sada Mire’s home away from home. Sada lives and works in the Netherlands. A...

Kenya: Detectives massive, 50bnSh fraud on health insurance fund

Detectives are investigating a possible loss of Sh50 billion at the National Hospital Insurance Fund (NHIF), in the latest scandal to hit the State...

Somalia: Why an Impeachment Motion Shouldn’t Trouble the President

The Big Picture Somalia's federal government in Mogadishu has made significant progress over the past decade, clawing its way back from failed statehood. Yet the...