Djibouti
Dubai World subsidiary buys Daallo Airlines in joint venture with founders, Djibouti Government
Dubai World company Istithmar World Aviation (IWA) Holdings has announced that it is joining with founders of Daallo Airlines and the Government of Djibouti to create a new holding company which will acquire all the shares of Daallo Airlines. The deal will see the new Daallo re-branded and named as the exclusive National Flag... »
Jafza International launches Phase II of its Djibouti Free Zone project
Jafza International, a subsidiary of Economic Zones World today inaugurated Phase II of its Djibouti Free Zone (DFZ) project comprising the development of light industrial units, warehouses and office facilities. Prime Minister of Djibouti, Mr. Mohamed Dileita and Mr. Chuck Heath, Managing Director, Jafza International together cut the ribbon to officially mark the DFZ... »
Djibouti President inaugurates construction of new Djibouti Terminal
The President of Djibouti, His Excellency Ismail Omar Guelleh, together with Chairman of global marine terminal operator DP World, Sultan Ahmed Bin Sulayem, today officially launched the construction of a new container terminal at Djibouti that is designed to meet the growing needs of this expanding market. The US$400 million Doraleh Container Terminal (DCT)... »
DP World to build new terminal at Port of Djibouti
Global terminal operator DP World is delighted to announce plans to develop a new container terminal facility in Doraleh at the Port of Djibouti. The US $300 million investment will enable DP World to handle an additional 1.5 million TEU annually. This investment is the latest of a number of large scale development projects... »
Nakheel Hotels & Resorts announces first international development
Nakheel Hotels & Resorts, the UAE’s premier property developer, working in partnership with Kempinski, will open its first international hotel in Djibouti on the East coast of Africa, representing the company’s first overseas property development. Situated on the east coast of ‘the horn of Africa’, the hotel will be located in Djibouti’s capital –... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum