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Dahabshil Bank International
Dahabshil Bank International (DBI), also known as the Dahabshil International Commercial Bank, is a bank headquartered in Hargeisa, Somaliland. Dahabshil Bank International is one of the main banks in Djibouti. It is a subsidiary of DGH Group Dahabshiil. The bank has access to substantial foreign direct investment from the Persian Gulf region. History In early 2014, it became an officially recognized institution in Somaliland. The bank opened its first branch later the same year in Hargeisa, the capital of the country. As of November 2014, Dahabshil Bank International has issued $70 million in loans earmarked for the local financial, livestock, agriculture, health and education sectors. According to Manager Abdirashid Mohamed Saed, the bank is slated to open additional branches in other parts of Somaliland. Services The bank provides business and international banking, as well as personal and private banking to its clients. It also accommodates commodities exchange. Members ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al Gamil
Al Gamil is a privately held company based in Djibouti City, Djibouti. Overview Al Gamil is the largest construction firm in Djibouti. It has its headquarters in the national capital, Djibouti City. Besides the local construction industry, the Al-Gamil Group (Groupe Al Gamil) also imports and exports various commodities. Among these products for the domestic and international markets are construction materials, foodstuffs and vehicles. Branches and memberships The company is a member of the Club Echanges Normandie Afrique. It has additional offices in Dubai and Sharjah in the United Arab Emirates. See also *Dahabshil Bank International Dahabshil Bank International (DBI), also known as the Dahabshil International Commercial Bank, is a bank headquartered in Hargeisa, Somaliland. Dahabshil Bank International is one of the main banks in Djibouti. It is a subsidiary of DGH Group Dah ... * List of companies based in Djibouti References {{reflist External linksOfficial website i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 2014
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2014 Establishments In Somalia
Fourteen or 14 may refer to: * 14 (number), the natural number following 13 and preceding 15 * one of the years 14 BC, AD 14, 1914, 2014 Music * 14th (band), a British electronic music duo * ''14'' (David Garrett album), 2013 *''14'', an unreleased album by Charli XCX * "14" (song), 2007, from ''Courage'' by Paula Cole Other uses * ''Fourteen'' (film), a 2019 American film directed by Dan Sallitt * ''Fourteen'' (play), a 1919 play by Alice Gerstenberg * ''Fourteen'' (manga), a 1990 manga series by Kazuo Umezu * ''14'' (novel), a 2013 science fiction novel by Peter Clines * ''The 14'', a 1973 British drama film directed by David Hemmings * Fourteen, West Virginia, United States, an unincorporated community * Lot Fourteen, redevelopment site in Adelaide, South Australia, previously occupied by the Royal Adelaide Hospital * "The Fourteen", a nickname for NASA Astronaut Group 3 * Fourteen Words, a phrase used by white supremacists and Nazis See also * 1/4 (other) * F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Somaliland
The Economy of Somaliland largely relies on primary production and agriculture, where livestock is the main export of the country, which it ships to neighbouring Djibouti and Ethiopia, as well as to Gulf states, such as UAE, Saudi Arabia and Oman. Somaliland has a gross domestic product (GDP) of about US$7.2 billion as of 2022,https://www.govsomaliland.org/ most of which it receives in remittances from Somalis working abroad. The COVID-19 pandemic has restricted Somaliland's trade flows with decreased demand in the agriculture sector, a significant source of tax revenue. The country's GDP per capita is approximately US$1530 which is one of the lowest in the world.https://www.govsomaliland.org/ Somaliland is located along the Gulf of Aden, near the entrance to the Bab al-Mandeb, a major sea-lane through which almost one-third of the world's shipping passes. Its location has helped the government attract new trade and development deals. In late 2016, the DP World announced that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Hargeisa
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating 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 duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Djibouti
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Of Djibouti
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating 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 duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Djibouti
The economy of Djibouti is derived in large part from its strategic location on the Red Sea. Djibouti is mostly barren, with little development in the agricultural and industrial sectors. The country has a harsh climate, a largely unskilled labour force, and limited natural resources. The country's most important economic asset is its strategic location, connecting the Red Sea and the Gulf of Aden. As such, Djibouti's economy is commanded by the services sector, providing services as both a transit port for the region and as an international transshipment and refueling centre. From 1991 to 1994, Djibouti experienced a civil war which had devastating effects on the economy. Since then, the country has benefited from political stability. In recent years, Djibouti has seen significant improvement in macroeconomic stability, with its annual gross domestic product improving at an average of over 3 percent since 2003. This comes after a decade of negative or low growth and is attr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Somaliland
This is a list of commercial banks in Somaliland Somaliland,; ar, صوماليلاند ', ' officially the Republic of Somaliland,, ar, جمهورية صوماليلاند, link=no ''Jumhūrīyat Ṣūmālīlānd'' is a ''de facto'' sovereign state in the Horn of Africa, still conside ...; # Bank of Somaliland # Dahabshiil Bank # Darasalaam Bank # Premier Bank # Amal Bank See also * List of banks in Africa References {{Africa topic, List of banks in Banks of Somaliland ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hargeisa
Hargeisa (; so, Hargeysa, ar, هرجيسا) is the capital and largest city of the Republic of Somaliland. It is located in the Maroodi Jeex region of the Horn of Africa. It succeeded Burco as the capital of the British Somaliland Protectorate in 1941. Hargeisa is the largest city in Somaliland, and also served as the capital of the Isaaq Sultanate during the mid-to-late 19th century. Hargeisa was founded as a watering and trading stop between the coast and the interior by the Isaaq Sultanate. Initially it served as a watering Well for the vast livestock of the Eidagale clans that inhabited in that specific region and later were joined by the current clans of Hargeisa. In 1960, the Somaliland Protectorate gained independence from the United Kingdom and as scheduled united days later with the Trust Territory of Somaliland (former Italian Somaliland) to form the Somali Republic on July 1. Encyclopædia Britannica, ''The New Encyclopædia Britannica'', (Encyclopædia Britanni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Somalia (Somaliland)(023)
Somalia, , Osmanya script: 𐒈𐒝𐒑𐒛𐒐𐒘𐒕𐒖; ar, الصومال, aṣ-Ṣūmāl officially the Federal Republic of SomaliaThe ''Federal Republic of Somalia'' is the country's name per Article 1 of thProvisional Constitution, (; ), is a country in the Horn of Africa. The country is bordered by Ethiopia to the west, Djibouti to the northwest, the Gulf of Aden to the north, the Indian Ocean to the east, and Kenya to the southwest. Somalia has the longest coastline on Africa's mainland. Its terrain consists mainly of plateaus, plains, and highlands. Hot conditions prevail year-round, with periodic monsoon winds and irregular rainfall. Somalia has an estimated population of around million, of which over 2 million live in the capital and largest city Mogadishu, and has been described as Africa's most culturally homogeneous country. Around 85% of its residents are ethnic Somalis, who have historically inhabited the country's north. Ethnic minorities are largely co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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