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
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
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
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
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)...

Moscow enhances transport relations with three African countries
(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...

Port Infrastructure Market Expected to Reach USD 315.14 Billion by 2034, with a CAGR of 4.33% | MRFR
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
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...

DG Okonjo-Iweala underscores importance of partnerships to support LDCs
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...

Helicopter crash in Somalia kills peacekeepers
(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,...

US deports ‘barbaric criminals’ to S-Sudan
(MENAFN) The United States has deported eight individuals, labeled as “barbaric criminal illegal aliens,” to South Sudan—a nation the U.S. State Department advises against visiting due to ongoing violence, crime, and instability. The Department of...

Committee advances discussions on trade-related climate measures and technology transfer
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...

US deports convicted criminals to South Sudan
(MENAFN) Eight individuals labeled as “barbaric criminal illegal aliens” by U.S. authorities have been deported to South Sudan, a nation the U.S. State Department warns travelers to avoid due to ongoing violence, crime, and abductions. According...

Trump considers deporting migrants to conflict-torn Sudan
(MENAFN) The U.S. Supreme Court has approved the government's request to deport migrants to third-party countries, including conflict-ridden nations like Libya and South Sudan, regardless of the migrants' countries of origin. This ruling overturns...

U.S. Deports Eight ‘Illegal Aliens’ to South Sudan
(MENAFN) The United States has expelled eight individuals it referred to as “barbaric criminal illegal aliens” to South Sudan, a nation that the US State Department strongly advises against traveling to because of widespread violence, kidnappings,...

Members spotlight transparency and development in discussions on standards and regulations
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,...

flynas Celebrates Its First Direct Flight Between Jeddah and Djibouti
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...

Supporting a brighter future for Djibouti's youth
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...

WTO members review 30 years of trade development in least-developed countries
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,...

Djibouti dodges scrutiny despite China, Iran, Houthi ties and links to illicit activities
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...

DG Okonjo-Iweala encourages members to continue advancing trade and development work
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...