Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Djibouti Business Daily.
WTO members examine LDC trade interests, trade and development priorities
World Trade Organization
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June 18, 2025
LDC trade interests At the meeting of the WTO Sub-Committee on LDCs on 16 June, members considered several LDC related proposals, including those on LDC graduation, LDC accessions and the future of the Enhanced Integrated Framework (EIF). They...
Finland commits EUR 2.5 million to new phase of EIF support for sustainable trade in LDCs
World Trade Organization
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June 13, 2025
In May, the EIF Steering Committee endorsed a recommendation by the EIF Taskforce for a third phase of the initiative, to run up to 2031 in support of the UN Doha Programme of Action for LDCs. Designed to provide catalytic and transformative...
DCO to continue fostering inclusive digital economies as Secretary-General Reappointed on new 4-year term
EIN Presswire
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June 6, 2025
RIYADH, SAUDI ARABIA, June 6, 2025 /EINPresswire.com/ -- As the global digital economy increasingly serves as an engine for economic and social progress, the Digital Cooperation Organization (DCO) has today reemphasized the necessity of...
KBR Awarded $476M Base Operations Support Contract in Djibouti
GlobeNewswire, Inc.
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May 27, 2025
HOUSTON, May 27, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been awarded a firm fixed price, $476M contract by the U.S. Navy Facilities Engineering Systems Command (NAVFAC) to continue performing Base Operations Support (BOS)...
Port Infrastructure Market Expected to Reach USD 315.14 Billion by 2034, with a CAGR of 4.33% | MRFR
EIN Presswire
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April 29, 2025
Increased global trade Technological advancements Infrastructure modernization Emergence of smart ports Growing demand for green ports NY, UNITED STATES, April 29, 2025 /EINPresswire.com/ -- The port infrastructure market stands as a critical...
Complementary and Alternative Medicine Market Size Worth USD 1,282.70 Bn by 2034
GlobeNewswire, Inc.
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April 23, 2025
Ottawa, April 23, 2025 (GLOBE NEWSWIRE) -- The complementary and alternative medicine market size was evaluated at USD 154.69 billion in 2024 and is forecasted to cross USD 1.7 trillion by 2034. The market is expected to expand at a solid CAGR of...
Committee advances discussions on trade-related climate measures and technology transfer
World Trade Organization
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April 3, 2025
Trade-related climate measures Members discussed two new proposals, namely the Republic of Korea's communication titled “Key Considerations for Trade-related Climate Measures (TrCMs): Suggested approaches toward a sustainable future” and the...
DG Okonjo-Iweala: “More than ever all eyes are on us”
World Trade Organization
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July 15, 2025
In her report to the TNC, DG Okonjo-Iweala noted that despite rising trade measures, 74% of global goods trade still flows under most favoured nation tariff terms, "but in today's climate of record trade policy uncertainty, safeguarding the...
Senator: Australia Must Join Hague Group on Palestine to Stop Genocide
MENAFN
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July 20, 2025
(MENAFN) On Friday, Australian Senator Lidia Thorpe called on Prime Minister Anthony Albanese’s government to align with the Hague Group on Palestine, emphasizing Australia’s responsibility to support global initiatives aimed at preventing...
flynas Celebrates Its First Direct Flight Between Jeddah and Djibouti
EIN Presswire
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January 8, 2025
Inaugural celebration was held at King Abdulaziz International Airport in the presence of the two countries' ambassadors RIYADH , SAUDI ARABIA, January 8, 2025 /EINPresswire.com/ -- flynas, the leading low-cost airline in the world and the best...
DG Okonjo-Iweala underscores importance of partnerships to support LDCs
World Trade Organization
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June 30, 2025
Co-organized by Djibouti, Finland and the Executive Secretariat of the Enhanced Integrated Framework (EIF), the event focused on strengthening international partnerships in support of LDC trade and investment priorities. The vision for EIF Phase...
Supporting a brighter future for Djibouti's youth
UN Volunteers
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December 24, 2024
UN Volunteers with the United Nations Children's Fund (UNICEF) in Djibouti support initiatives that directly impact the future of children. With a quarter of children aged 5 to 17 out of school and 294,000 classified as vulnerable, the volunteer...
Djibouti dodges scrutiny despite China, Iran, Houthi ties and links to illicit activities
Middle East Institute
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August 7, 2024
The Bab el-Mandeb Strait, which connects the Indian Ocean and the Red Sea through the Gulf of Aden, is a crucial chokepoint for global maritime commerce. It handles as much as 20% of international trade, 12% of seaborne oil trade, and 8% of...
WTO members review 30 years of trade development in least-developed countries
World Trade Organization
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November 11, 2024
The event was opened by Mohamed Warsama Dirieh, Minister of Trade and Tourism of Djibouti, the coordinator of the WTO's LDC Group. The other high-level speakers were Sok Sopheak, Cambodia's Secretary of State of the Ministry of Commerce, Li Fei,...
DG Okonjo-Iweala encourages members to continue advancing trade and development work
World Trade Organization
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October 31, 2024
DG Okonjo-Iweala acknowledged the progress made in supporting greater integration of LDCs into global trade, but emphasized that much more remains to be done, and that today's dynamics around trade offer new opportunities to do so. "Challenges are...
Moscow enhances transport relations with three African countries
MENAFN
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July 9, 2025
(MENAFN) Russia has reached new agreements with Djibouti, Egypt, and Morocco to enhance bilateral cooperation in the transport sector, the Russian Ministry of Transport announced on Monday. The focus will be on developing regulations and...
Members spotlight transparency and development in discussions on standards and regulations
World Trade Organization
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June 27, 2025
Daniela García of Ecuador handed over the Committee Chairperson role to Beatriz Stevens of the United Kingdom. Transparency and notification practices The week opened with a special meeting on transparency, featuring speakers from various regions,...
23 WV companies honored for their export success
West Virginia Department of Economic Development
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August 6, 2024
CHARLESTON, W.VA. — Twenty-three West Virginia companies that grew their business by exporting a good or service to a new country last year were recognized by state officials in a ceremony on July 22. Eight of these companies were first time...
23 WV companies honored for their export success
West Virginia Department of Economic Development
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August 6, 2024
CHARLESTON, W.VA. — Twenty-three West Virginia companies that grew their business by exporting a good or service to a new country last year were recognized by state officials in a ceremony on July 22. Eight of these companies were first time...
Helicopter crash in Somalia kills peacekeepers
MENAFN
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July 9, 2025
(MENAFN) A military helicopter operating under the African Union’s peacekeeping mission in Somalia crashed on Wednesday morning at Mogadishu’s international airport, killing five personnel, according to official reports. The Mi-24 aircraft,...