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Djibouti signs $36M port loan

Djibouti on Tuesday agreed a $36 million loan to build a new port and expand the business upon which the tiny country's economy relies, a government minister told Reuters.

December 14, 2011 11:07

Djibouti to spend $330M on port expansion

Djibouti’s port, run by Dubai’s DP World, plans to spend $330 million on expanding its port, an exercise that is expected to be complete by 2014 and to increase the cargo throughput, its port authority said.

October 11, 2011 10:36
No bridge is too far

No bridge is too far

Kipp’s poll: two-thirds of readers say 28.5km bridge linking Yemen and Djibouti is a ‘good idea’.

March 29, 2010 9:53

Decision on $200 billion Yemen-Djibouti development ‘due by April’

Dubai-based developer says it is ‘confident’ that approval will be given for the creation of two new cities and a 28.5km bridge spanning the Red Sea.

March 17, 2010 6:37