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Tag Archives: Dahabshiil

Somaliland

Dahabshiil wins injunction against Barclays

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PRESS RELEASE: 5th November 2013 – for immediate release The High Court heard an application for an interim injunction to prevent Barclays Bank from terminating the banking services it provides to Dahabshiil, the largest African Money Transfer Operator (MTO) on 15/16 October 2013. Today the Court handed down its judgment, granting an interim injunction which […]

World

Somali festival celebrates East London and African ties

A panel discussion held in Bethnal Green as part of Somali Week

East London celebrated its ties with Somalia with a week-long festival of Somali arts and culture put on as part of Black History Month in October. The festival attracted high-profile Somalians including author Cabdalla Mansuur and poet and musician Mahamed Ibrahim Warsame, better known as Hadraawi. He said: “Through different artistic forms, the Somali Week […]

Business

Dahabshiil Works with Diaspora Community to Raise $100,000 for Somali Relief Campaign in the US

Gudoomiyaha sHirkada Dahabshiil cabdirashiid Maxamed Siciid iyo PR-ka Xasan Xiis

Dahabshiil has helped raise $100,000 to provide health care, clean water and employment opportunities in Somalia as part of a diaspora-led campaign in the US. Led by former 1500-metre World Champion, Abdi Bile, Minnesotans undertook a three-mile sponsored run in the 193-acre Minnehaha Park in Minneapolis. The run, dubbed ‘Run to Unite’ was part of […]

Business

Somaliland moves towards new banking era

An employee counts money at a branch of international money transfer company Dahabshiil in Somaliland.

An employee counts money at a branch of international money transfer company Dahabshiil in Somaliland (Mark Tran photo/Guardian). Somaliland is poised to pass a banking law to help the flow of remittances and encourage much-needed foreign investment HARGEISA — Without formal banks, Somaliland lacks cash machines or credit cardfacilities, obliging visitors to the country to […]

World

BREAKING NEWS: Dahabshiil denies Anonymous hackers’ claims – Statement

Breaking news, Somalilandpress

DAHABSHIIL STATEMENT “We wholeheartedly condemn the illegal actions of the activist group, Anonymous, and its claims of breaching the privacy of hardworking, responsible individuals. “The claims from Anonymous that connections exist between our business and known terrorist organisations are quite simply wrong. Dahabshiil categorically denies these suggestions. We have never been the subject of any […]

World

BREAKING NEWS: Anonymous hacks Dahabshiil Bank over ‘terrorism links’

breaking-news

Anonymous declares an official “war on terror” Hacks Middle Eastern bank, holds records hostage Threatens to kill internet unless it admits supporting terror DUBAI — ANONYMOUS has officially declared a war on terror by holding hostage Middle Eastern bank accounts. It is threatening to unleash “global internet destruction” unless the Dahabshiil bank in the Middle […]

Business

Dahabshiil denies Telcom Somalia takeover speculations

Dahabshiil dismisses Telcom Somalia takeover

HARGEISA — Dahabshiil Group, a leading remittance company in East Africa, officially denied rumours on Sunday that it has purchased a majority stake in Telcom Somalia. The chief of media relations and public information, Hassan M. Jama “Heiss”, said he was “pleasantly surprised” with the news, flatly denying the acquisition. “Lately, the Somali media have […]

Somaliland

SOMALILAND: Dahabshiil donate almost $100,000 to drought fund and community projects

Dahabshiil donates to Somaliland community

Dahabshiil lays down the foundation for $47,000 conference hall in Amoud University, Borama BORAMA — Dahabshiil Group on Friday pledged funds to combat the food crisis in drought-affected western parts of the country where hundreds of thousands of people are at the risk of starvation. Abdirahman Ali Abdi, Dahabshiil General Manager (remittance and exchange department), […]

Opinions

Somaliland Needs A Land Tenure System

Somaliland land dispute

OPINION | MAY 31, 2012 ALI MOHAMED A group of armed men attacked a government military base in Hargeisa, last month. The attack was more deadly than other protracted land disputes, in which Hargeisa residents get used to for last two-decades. This attack caused the death of 7 people and at least 28 injuries. Violence […]

Somaliland

HAVE YOUR SAY: Investment in the country that isn’t

somalilanddhaqale200112

In a post-conflict environment, attracting new foreign and domestic firms is central to private sector development. It has been twenty years since Somaliland withdraw from its union with neighboring Somalia. Do you think that Somaliland has taken enough strides toward establishing itself as a politically and economically viable state in this period? Do you think […]

Somaliland

Somaliland: Somtel Contributes Towards The Construction Of A New Tarmac Road

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HARGEISA(Somalilandpress)–SOMTEL one of leading telecommunication company has contributed 50 barrels of tar towards the ongoing construction of a new tarmac road in Daami Estate of Gacan Libah district of Hargeisa. Speaking during the handing over ceremony held in Daami Estate, the head of marking and sales department at Somtel Abdinasir Saleban said their firm Somtel […]

Opinions

Somaliland: What Business Politics?

coomay

OPINION | March 19, 2012 By:AbduRahman Osman Jama The business sector has dramatically changed its rate of growth. Each year it doubles its capital and increase the graph by square digits. In the early growing days, we the people of Somaliland met many problems that shape our characters and behaviour of life. We have lost […]

Opinions

Dahabshil Group vs. Sahel Communities

OPINION | March 13, 2012 By:Ali Mohamed Last week, a group of elders representing the Sahel Communities ( Dan iyoDuco) raised objection the permit for Dahabshil to build a new cement plant from scratch right next to the ruins of old Berbera cement factory. As I watched the video of the gathering of the elderly, […]

Somaliland

UK International Development Secretary receives Somaliland President

Madaxweynaha-iyo-wasiirka

LONDON-UK International Development Secretary Andrew Mitchel meets with Somaliland president Siilaanyo in London on Wednesday. Presidential spokesperson Mr. Abdilahi Mohamed Dahir issued press release regarding the high level meeting between the two sides. The press release stated that the president Siilaanyo and his delegates met with Andrew Mitchel, UK International Development Secretary at his office […]