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List Of Companies Based In Eritrea
Eritrea, officially the State of Eritrea, is a country in the Horn of Africa. The economy of Eritrea has experienced considerable growth in recent years, indicated by an improvement in Gross domestic product (GDP) in October 2012 of 7.5 percent over 2011. However, worker remittances from abroad are estimated to account for 32 percent of gross domestic product.Eritrea country profile Library of Congress Federal Research Division (September 2005). ''This article incorporates text from this source, which is in the public domain.'' Eritrea has an extensive amount of resources such as copper, gold, granite, marble, and potash. The Eritrean economy has undergone extreme changes due to the Eritrean War of Independence, War of Independence. In 2011, Eritrea's GDP grew by 8.7 percent, making it one of the fastest-growing economies in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eritrea (Africa Orthographic Projection)
Eritrea, officially the State of Eritrea, is a country in the Horn of Africa region of East Africa, with its capital and largest city being Asmara. It is bordered by Ethiopia in the south, Sudan in the west, and Djibouti in the southeast. The northeastern and eastern parts of Eritrea have an extensive coastline along the Red Sea. The nation has a total area of approximately , and includes the Dahlak Archipelago and several of the Hanish Islands. Hominid remains found in Eritrea have been dated to 1 million years old and anthropological research indicates that the area may contain significant records related to the evolution of humans. The Kingdom of Aksum, covering much of modern-day Eritrea and northern Ethiopia, was established during the first or second century AD.Henze, Paul B. (2005) ''Layers of Time: A History of Ethiopia'', . It adopted Christianity around the middle of the fourth century. Beginning in the 12th century, the Ethiopian Zagwe and Solomonid dynasties ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eritrean Investment And Development Bank
The Eritrean Investment and Development Bank (EIDB) is a bank in Eritrea. It was established on 28 October 1996. It did not effectively begin operations until 1998 from its single office in Asmara, Eritrea. The bank was fully financed by the Ministry of Finance, and thus the financial institution is a property of the Eritrean government. The Eritrean Investment and Development Bank is the smallest of Eritrean government-owned banks. It typically finances development projects by funneling funds from various other organizations, including the Bank of Eritrea and the World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development .... See also * Banking in Eritrea * List of banks in Eritrea References Banks of Eritrea Companies of Eritrea Government of Eritrea Banks established in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Of Eritrea
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Red Sea Air
Red Sea Air was a domestic airline based in Asmara, the capital of Eritrea. It was at one time the national flag carrier. Eritrean Airlines owned 40% of the airline, which operated domestic routes between Asmara, Assab and Massawa. Red Sea Air had a fleet of BAC 1-11s The airline operated from 1988 to 2000. Code data *IATA Code: RS *ICAO The International Civil Aviation Organization (ICAO ) is a specialized agency of the United Nations that coordinates the principles and techniques of international air navigation, and fosters the planning and development of international sch ... Code: ERS *Callsign: Eritrean Redsea References Defunct airlines of Eritrea Airlines established in 1988 Airlines disestablished in 2000 Organisations based in Asmara 1988 establishments in Ethiopia {{Eritrea-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nasair
Nasair, officially known as Nasair Eritrea, was an airline based in Asmara, Eritrea. It operated scheduled flights to domestic destinations in Eritrea, as well as limited scheduled services to the Middle East and Eastern Africa. As of May 2014 the airline was reported to be "out of business." History The company was founded in 2006 and is one of three divisions of the Nasair Group. The three subsidiaries of the Group are: * Nasair Consultant – Provided airline and airport consultancy services. * Nasair Air Service – The airline. Provided domestic, regional and international scheduled passenger and cargo services. * Nasair Maintenance Center – Would have provided aircraft maintenance services for own aircraft and those of other airline companies, had regulatory approval been obtained. Destinations As of November 2012 Nasair served the following destinations: ;Africa ; *Massawa ( Massawa International Airport) Hub ; *Nairobi (Jomo Kenyatta International Airport) ; *Kha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eritrean Airlines
Eritrean Airlines is the national airline of Eritrea. Based at Asmara International Airport, it is wholly owned by the government of Eritrea. Scheduled service had been discontinued since 2008, and the airline operated only a few hajj flights every year. The airline was restarted under new management in 2011. In 2011, Nasair, a privately owned company, merged with government-owned Eritrean Airlines, to form Nasair Eritrea. Eritrean Airlines has been banned from flying into the European Union (EU) since December 2012. , Eritrean Airlines had no scheduled service. History The airline was nominally established in , serving as the ground handling agent at Asmara International Airport and at Assab and Massawa. It also acted as sales agent for other major airlines flying to Eritrea. In May 2002, it was decided to expand into airline services. In , an ex- EgyptAir 14-year-old Boeing 767-300ER was leased from Boeing and used to start operations between Asmara and Amsterdam. It was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Housing And Commerce Bank Of Eritrea
Housing refers to a property containing one or more shelter as a living space. Housing spaces are inhabited either by individuals or a collective group of people. Housing is also referred to as a human need and human right, playing a critical role in shaping the quality of life for individuals, families, and communities. As a result, the quality and type of housing an individual or collective inhabits plays a large role in housing organization and housing policy. Overview Housing is a physical structure indented for dwelling, lodging or shelter that homes people and provides them with a place to reside. Housing includes a wide range of sub-genres from apartments and houses to temporary shelters and emergency accommodations. Access to safe, affordable, and stable housing is essential for a person to achieve optimal health, safety, and overall well-being. Housing affects economic, social, and cultural opportunities as it is directly linked to education, employment, healthca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asmara
Asmara ( ), or Asmera (), is the capital and most populous city of Eritrea, in the country's Central Region (Eritrea), Central Region. It sits at an elevation of , making it the List of capital cities by altitude, sixth highest capital in the world by altitude and the second highest capital in Africa. The city is located at the tip of an escarpment that is both the northwestern edge of the Eritrean Highlands and the Great Rift Valley, Ethiopia, Great Rift Valley in neighbouring Ethiopia. In 2017, the city was declared as a World Heritage Site, UNESCO World Heritage Site for its well-preserved modernist architecture. According to local traditions, the city was founded after four separate villages unified to live together peacefully after long periods of conflict. Asmara had long been overshadowed by nearby Debarwa, the residence of the ''Ethiopian aristocratic and court titles#Important regional offices, Bahr Negash'' or the governor of the coastal province, however it still existe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sabur Printing Press
The Sabur Printing Press (SPP) is the exclusive printing company in Eritrea. Its headquarters are located in the national capital, Asmara Asmara ( ), or Asmera (), is the capital and most populous city of Eritrea, in the country's Central Region (Eritrea), Central Region. It sits at an elevation of , making it the List of capital cities by altitude, sixth highest capital in the wo .... The firm was established in 1997. Its press provides printing services for private individuals, as well as government organizations. References Manufacturing companies of Eritrea Mass media in Eritrea Printing companies People's Front for Democracy and Justice Organisations based in Asmara 1997 establishments in Africa {{Eritrea-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Red Sea Trading Corporation
The Red Sea Trading Corporation (commonly known as 09) is the commercial entity created to enact the People's Front for Democracy and Justice's socially responsible development program. The company was founded with $20,000 in 1984. It is primarily involved in international trade and is the largest importer in the country. The head of the organization is Hagos Gebrehiwot. The company grew out of the necessity for the Eritrean People's Liberation Front to commercially develop the territory that it had captured during the Eritrean War of Independence The Eritrean War of Independence was an War, armed conflict and insurgency aimed at achieving self-determination and independence for Eritrea from Ethiopian rule. Starting in 1961, Eritrean insurgents engaged in guerrilla warfare to liberate .... Its guiding mission is closely related to the related Nakfa Corporation. References Companies of Eritrea People's Front for Democracy and Justice Organisations based in Asmara Sp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nakfa Corporation
The Nakfa Corporation was one of the first privately owned companies founded in Eritrea. The firm has various interests, including Gejeret Corrugated Boxes, a sodium silicate factory, and a mid-rise structure in Asmara Asmara ( ), or Asmera (), is the capital and most populous city of Eritrea, in the country's Central Region (Eritrea), Central Region. It sits at an elevation of , making it the List of capital cities by altitude, sixth highest capital in the wo ... bearing its name (the Nakfa Building). In May 2006, the capital held by the company amounted to 120 million nakfa. References Manufacturing companies of Eritrea {{Eritrea-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Housing And Commerce Bank
The Housing and Commerce Bank (HCB) is a bank in Asmara, Eritrea. The company has focused on financing various apartment complexes throughout Eritrea, most notably in Asmara and Massawa. It has also extended loans to local companies involved in the Wefri Warsay Yika'alo. History The organisation was founded in 1994 after independence of Eritrea, under the name ''Housing Bank of Eritrea''. In the process it took over the previous Asmara branch of the Ethiopian Housing and Savings Bank, a savings bank set up with the assistance of Cassa di Risparmio delle Provincie Lombarde. HCB's original mission was to provide services to mitigate the acute housing shortage after the Eritrean War for Independence. The firm's name was changed in 1996 when the majority shareholder, the People's Front for Democracy and Justice The People's Front for Democracy and Justice (, PFDJ) is the founding, ruling, and sole legal political party of the State of Eritrea. The successor to the Marxist– ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
