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Dahabshiil
Dahabshiil ( so, Dahabshiil, ar, دهب شيل) is an international funds transfer company, and is the largest money-transfer business in Africa. It's headquartered in Burao, Somaliland. Formed in the early 1970s, the firm operates from over 24,000 outlets and employs more than 2,000 people across 126 countries. It provides financial services to international organisations, as well as to both large and small businesses and private individuals. The company is also involved in community building projects in Somaliland. History Dahabshiil (meaning " Gold smelter" in Somali) was founded in 1970 by Mohamed Said Duale, a Somali entrepreneur based in Burao, the capital city of Togdheer province in Somaliland. Initially a general trading enterprise, the firm began specialising in remittance broking during the 1970s, when many Somali males from Somaliland migrated to the Gulf States for work. This resulted in a growing demand for services to transfer money from those migrant workers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abdirashid Duale
Abdirashid Duale ( so, Cabdirashiid Siciid Ducale, ar, عبد الرشيد دعاله) is a multi-millionaire Somali entrepreneur. He is the CEO of Dahabshiil, an international funds transfer company. Biography Duale was born in Burao, Somaliland and belongs to Isaaq. He joined his father in the funds transfer business prior to the outbreak of civil strife, in which he and his father lost everything. Through their network of contacts, they rebuilt their business into one of the largest international money transfer companies in the Horn of Africa. He is a father of eight children. Dahabshiil Duale took over the company after his father retired, and began expanding Dahabshiil's reach into new markets. Today, the billionaire CEO's company Dahabshiil employs more than 2000 people worldwide, has offices in London and Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Somaliland
Somaliland,; ar, صوماليلاند ', ' officially the Republic of Somaliland,, ar, جمهورية صوماليلاند, link=no ''Jumhūrīyat Ṣūmālīlānd'' is a ''List of states with limited recognition, de facto'' sovereign state in the Horn of Africa, still considered internationally to be part of Somalia. Somaliland lies in the Horn of Africa, on the southern coast of the Gulf of Aden. It is bordered by Djibouti to the northwest, Ethiopia to the south and west, and Somalia to the east.Encyclopædia Britannica, ''The New Encyclopædia Britannica'', (Encyclopædia Britannica: 2002), p.835 Its claimed territory has an area of , with approximately 5.7 million residents as of 2021. The capital and largest city is Hargeisa. The government of Somaliland regards itself as the Succession of states, successor state to British Somaliland, which, as the briefly independent State of Somaliland, united in 1960 with the Trust Territory of Somaliland (the former Italian Soma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Remittance
A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country or homeland. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries. Workers' remittances are a significant part of international capital flows, especially with regard to labor-exporting countries. According to the World Bank, in 2018 overall global remittance grew 10% to US$689 billion, including US$528 billion to developing countries. Overall global remittance is expected to grow 3.7% to US$715 billion in 2019, including US$549 billion to developing nations. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Djibouti
Djibouti, ar, جيبوتي ', french: link=no, Djibouti, so, Jabuuti officially the Republic of Djibouti, is a country in the Horn of Africa, bordered by Somalia to the south, Ethiopia to the southwest, Eritrea in the north, and the Red Sea and the Gulf of Aden to the east. The country has an area of . In antiquity, the territory, together with Ethiopia, Eritrea and Somaliland, was part of the Land of Punt. Nearby Zeila, now in Somaliland, was the seat of the medieval Adal and Ifat Sultanates. In the late 19th century, the colony of French Somaliland was established following treaties signed by the ruling Dir Somali sultans with the French, and its railroad to Dire Dawa (and later Addis Ababa) allowed it to quickly supersede Zeila as the port for southern Ethiopia and the Ogaden. It was renamed the French Territory of the Afars and the Issas in 1967. A decade later, the Djiboutian people voted for independence. This officially marked the establishment of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Somali Shilling
The Somali shilling (sign: Sh.So.; so, shilin; ar, شلن; it, scellino; ISO 4217: SOS) is the official currency of Somalia. It is subdivided into 100 ''senti'' (Somali, also ), ''cents'' (English) or (Italian). Overview Early history The shilling has been the currency of parts of Somalia since 1921, when the East African shilling was introduced to the former British Somaliland protectorate. Following the 1960 independence and unification of the former territories of British Somaliland and Italian Somaliland, their respective currencies, the East African shilling and somalo (which were equal in value) were replaced at par in 1962 by the Somali shilling. Names used for its denominations were cent (singular: centesimo; plural: centesimi) and سنت (plural: سنتيمات), along with shilling (singular: scellino; plural: scellini) and شلن. Banknotes On 15 October 1962, the Banca Nazionale Somala (National Bank of Somalia) issued notes denominated as 5, 10, 20 and 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Horn Of Africa
The Horn of Africa (HoA), also known as the Somali Peninsula, is a large peninsula and geopolitical region in East Africa.Robert Stock, ''Africa South of the Sahara, Second Edition: A Geographical Interpretation'', (The Guilford Press; 2004), p. 26 Located on the easternmost part of the African mainland, it is the fourth largest peninsula in the world. It is composed of Ethiopia, Eritrea, Somalia and Djibouti; broader definitions also include parts or all of Kenya, Sudan, South Sudan, and Uganda. The term Greater Horn Region (GHR) can additionally include Burundi, Rwanda, and Tanzania. It lies along the southern boundary of the Red Sea and extends hundreds of kilometres into the Guardafui Channel, Gulf of Aden, and Indian Ocean and shares a maritime border with the Arabian Peninsula of Western Asia. Names This peninsula has been known by various names. Ancient Greeks and Romans referred to it as Regio Aromatica or Regio Cinnamonifora due to the aromatic plants or as Regio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MoneyGram
MoneyGram International, Inc. is an American cross-border P2P payments and money transfer company based in the United States with headquarters in Dallas, Texas. It has an operations center in St. Louis Park, Minnesota and regional and local offices around the world. MoneyGram businesses are divided into two categories: Global Funds Transfers and Financial Paper Products. The company provides its service to individuals and businesses through a network of agents and financial institutions. In 2014, MoneyGram was the second largest provider of money transfers in the world. The company operates in more than 200 countries and territories with a global network of about 347,000 agent offices. History MoneyGram International formed as a result of two businesses merging, Minneapolis-based Travelers Express and Denver-based Integrated Payment Systems Inc. MoneyGram was first established as a subsidiary of Integrated Payment Systems and afterwards became an independent company before i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Western Union
The Western Union Company is an American multinational financial services company, headquartered in Denver, Colorado. Founded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, the company changed its name to the Western Union Telegraph Company in 1856 after merging with several other telegraph companies. The company dominated the American telegraphy industry from the 1860s to the 1980s, pioneering technology such as telex and developing a range of telegraph-related services (including wire money transfer) in addition to its core business of transmitting and delivering telegram messages. After experiencing financial difficulties, Western Union began to move its business away from communications in the 1980s and increasingly focused on its money transfer services. The company ceased its communications operations completely in 2006, at which time The New York Times described it as "the world's largest money-transfer business" ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amal Express
Amal may refer to: * Amal (given name) * Åmål, a small town in Sweden * Amal Movement, a Lebanese political party ** Amal Militia, Amal Movement's defunct militia * Amal language of Papua New Guinea * ''Amal'' (film), 2007, directed by Richie Mehta * Amal (carburettor), a UK motorcycle carburetor * Amal International School, Sri Lanka * Amal Women's Training Center and Moroccan Restaurant, Marrakesh, Morocco * Amal dynasty, a Goth dynasty which later became the royal dynasty of the Ostrogoths * Amal Salam Zgharta FC, a Lebanese football club * Al Amal orbiter on the Emirates Mars Mission * Little Amal, a giant puppet See also * ''Amahl and the Night Visitors'', a 1951 opera in one act by Gian Carlo Menotti * Alamal (other) Amal or el Amal or al Amal means (the) ''hope'' (أمل) or (the) ''work'' (عمل) in Arabic. Amal, alAmal, elAmal, Alamal, Elamal, al-Amal, el-Amal, or ''variation'', may refer to: Buildings * Al-Amal Club Stadium, a multiuse stadium in Al-Bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Somali Region
The Somali Region ( so, Deegaanka Soomaalida, am, ሱማሌ ክልል, Sumalē Kilil, ar, المنطقة الصومالية), also known as Soomaali Galbeed (''Western Somalia'') and officially the Somali Regional State, is a regional state in eastern Ethiopia. Its territory is the largest after Oromia Region. The regional state borders the Ethiopian regions of Afar and Oromia and the chartered city Dire Dawa (Dire Dhawa) to the west, as well as Djibouti to the north, Somaliland to the northeast, Somalia to the south; and Kenya to the southwest. Jijiga is the capital of the Somali Region. The capital was formerly Gode, until Jijiga became the capital in 1995 on account of political considerations. The Somali regional government is composed of the executive branch, led by the President; the legislative branch, which comprises the State Council; and the judicial branch, which is led by the State Supreme Court. Overview The Somali Region formed a large part of the pre- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Development Programme
The United Nations Development Programme (UNDP)french: Programme des Nations unies pour le développement, PNUD is a United Nations agency tasked with helping countries eliminate poverty and achieve sustainable economic growth and human development. Headquartered in New York City, it is the largest UN development aid agency, with offices in 170 countries. The UNDP emphasizes developing local capacity towards long-term self-sufficiency and prosperity. It administers projects to attract investment, technical training, and technological development, and provides experts to help build legal and political institutions and expand the private sector. The UNDP operates in 177 countries and is funded entirely by voluntary contributions from UN member states. Also, UNDP is governed by a 36-member executive board overseen by an administrator, who is third-highest ranking UN official after the Secretary-General and Deputy Secretary-General. Founding The UNDP was founded on 22 No ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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