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2014 sees flydubai achieve increased revenues of USD 1.2 billion up 19.1% and profits of USD 68 million

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*14% increase in passenger numbers between 2013 and 2014 in Africa

*100% increase in number of routes in Africa

*Schedule increased to 63 flights a week across 12 points in North and East Africa

 flydubai (http://www.flydubai.com), in its fifth year of operation, today announced its Annual Results for 2014 and reported a net profit of AED 250 million (USD 68 million) an increase of 12.3% compared to 2013 with total revenue of AED 4.4 billion (USD 1.2 billion) for the 12-month period, ending...

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5 years ago

DailyFX

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

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9 years ago

Dewji Blog

Germany makes available 210 million USD (433 billion TZS) for Health, Water and Biodiversity

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His Excellency, Egon Kochanke Ambassador of the Federal Republic of Germany, addressing the media (not in picture) during the ceremony, which was held in Dar es Salaam. Right is Dr. Servacius B. Likwelile, Deputy. Permanent Secretary, Ministry Of Finance and Economic.

German-Tanzanian development cooperation over the next three years will focus on strengthening  the health system, improving water supply and sanitation and protecting biodiversity and natural resources. This is the outcome...

 

11 years ago

GPL

MO PLANS TO BUILD A USD 5 BILLION EMPIRE OUT OF DAR‏

At the age of 38, Mohammed Dewji employs 24,000 people and claims to contribute 3.5% to Tanzania's GDP. Within the next 5 years, he plans to build a $5 billion empire out of Dar es Salaam. What most entrepreneurs don’t achieve in a lifetime, he did in just over a decade. Mohammed Dewji single-handedly turned his father’s trading business into Tanzania’s largest import-export group. He grew Mohammed...

 

5 years ago

FXStreet

GBP/USD Price Analysis: Despite USD weakness across the board GBP fails to capitalise

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11 years ago

Michuzi

DESPITE POACHING TANZANIA'S TOURISM SECTOR GENERATES NEARLY 4 BILLION USD ANNUALLY

DSC_0549
Embassy of the Federal Republic of Germany  Charge d’Affaires in Tanzania, Mr Hans Koeppel speaks to Hyatt Regency the Kilimanjaro Hotel, General Manager, Trevor Saldanha during the cocktail party organized by the Germany Embassy in Dar es salaam to honour  tour operators who are going to Berlin to attend International Travel show -------------------------------------- By Damas Makangale and Caroline Alexandra, MOblog Tanzania Despite news of wildlife poaching in Tanzania the current...

 

10 years ago

IPPmedia

USD 200 million to enhance digital broadcasting


USD 200 million to enhance digital broadcasting
IPPmedia
The government has invested USD 200 million to improve the Fiber Optic Cable in order to boost digital terrestrial broadcasting across the country. Communications, Science and Technology Minister, Prof Makame Mbarawa revealed this over the weekend in ...
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10 years ago

Daily News

EAC tables over 100 million USD budget


EAC tables over 100 million USD budget
Daily News
THE East African Community (EAC) has presented its budget estimates for 2015/2016 Financial Year amounting to 110,660,098 US dollars to the East African Legislative Assembly (EALA) sitting in Arusha. Dr Abdallah Sadaala Abdallah, the Tanzanian ...

 

9 years ago

Michuzi

GERMANY CONTRIBUTES 34 MILLION USD FOR HEALTH IN THE EAC

                                                                     
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10 years ago

Xinhua

WB approves 60 million USD to finance affordable housing in Tanzania


WB approves 60 million USD to finance affordable housing in Tanzania
Xinhua
DAR ES SALAAM, Feb. 25 (Xinhua) -- The World Bank said on Wednesday it has approved 60 million U.S. dollars in new financing to help Tanzania develop a viable mortgage finance market for affordable housing. "The new financing will build on the ...
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