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Abu-Salman

Djibouti As Never Seen

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Thanks Ibtisam, pics are from Skyscrapercity; heat is mostly around June-August, there are ACs etc to cope with for those staying there (many opt for trips to Dire-Dawa, Taiz and other cities in Yemen, Somalia etc); one gets used to it nevertheless and everything is organised around that small constraint.

 

We have a growing number of Somali diaspora investors active in banks, real estate etc; some businessmen formerly based in Xamar such as Xaaji A. Cadani, Sh Jimcaale of Hormood Telecom etc regardless of "Islamism" allegations (lots of less known Somalis being naturalised or getting local passports as well).

 

 

Siesta beach in the city centre, parallel to the train railway; Sheraton hotel on the horizon:

 

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Views of the unique and greener Abbe Lake, the other lake not shown is salt covered Lac Assal (lowest point in Africa, its region is another world unique geological wonder):

 

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Apophis;885348 wrote:
I hope to one day visit this land. A successful Somali country.

You're forgetting about a large portion of the country which isn't Somali:D

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Blackflash;885367 wrote:
You're forgetting about a large portion of the country which isn't Somali:D

Have u ever been to Djibouti the Afars are just like the Somalis they speak Somali there is huge intermarriage between them and the Somali Djiboutians. Any way the Somalis are the absolute majority of Djibouti undisputed elites thus its a Somali country apophis is right.

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Historical centre under renovation with its sea coral madrepore buildings, including IGAD and district headquarters, new solar powered traffic lights:

 

 

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Apart from Ports and Telecoms hubs among the top in Africa, with constant new additions, new big schemes in tourism complementing the new airlines such as FlyDubai or Turkish Airlines are underway too, concomitant with the construction boom:

 

Djibouti unveils its touristic ambitions

 

"The government will also launch in 2013 with the support of the World Bank, an extensive program of enhancement of the coastal zone, based on the one developed by the Egyptians in Sharm el-Sheikh. It also invests in the creation of a center for eco-tourism around an internal network of camps that will emerge by 2015."

 

 

Africa eyes Islamic finance

 

"Africa is becoming an increasingly attractive destination for investments that are Sharia-compliant," said summit organiser and managing director David McLean.

 

"Africa has now been re-positioned as the third fastest growing region in the world, after the Middle East and Asia.

 

"Over the last decade, trade between African countries and the rest of the world has grown significantly, with economic linkages with the Middle East, in particular, strengthening further," he said.

 

"However, the Islamic finance industry is still in its infancy on the continent."

 

OIC to hold session in Djibouti to discuss developments in Myanmar

 

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I'm loving the look of the city! The architecture is incredible and pulls from similar styles so that the buildings don't clash. Some of the older buildings need to be repainted/bleached but that's easily manageable.

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Islamic Finance to Capture Growth Opportunities in Africa

 

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[...]"The opening keynote session also featured H.E. Khaled Mohammed Al-Aboodi, Chief Executive Officer and General Manager of the Islamic Corporation for the Development of the Private Sector, the private sector arm of the Islamic Development Bank Group (IDB), Saudi Arabia and Jaseem Ahmed, Secretary-General of the Islamic Financial Services Board (IFSB) who discussed how Islamic finance can act as a catalyst for a new wave of economic development in Africa and how Islamic finance can mobilize trade and investment flows into Africa.

 

A key highlight of IBSA 2012 was the high profile Power Debate session led by internationally respected CEOs and industry leaders.

 

Moderated by Etsuaki Yoshida, Director and Senior Economist at Japan Bank for International Cooperation (JBIC), the session analyzed the key challenges to be overcome to achieve significant growth in the Islamic banking and finance industry in Africa. The power debate featured Dr. Suleiman Walhad, Chief Executive Officer of Dahabshil Bank International; Asad Aziz Ahmed, Managing Director of Gulf African Bank; Basel A. Haj-Issa, Chief Executive Officer of Saba Islamic Bank; Omar Ibrahim Egal, Chairman of Salaam African Bank; Cassim Docrat, Director of DDCAP (DIFC) Limited and Ali Mohamed, Head of Shariah at QInvest.

 

Commenting on the opportunity and challenges for Islamic finance in Africa, Dr. Suleiman Walhad, Chief Executive Officer of Dahabshil Bank International said that “Africa has a population climbing to some 1 billion people and a substantial number of the continent’s citizens are Muslims. (source)

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Egyptair, a Star Alliance, the first and top African Airline, has just joined other international players such as the Turks, Flydubai etc.(source)

 

8168707580_3f72dfd751_m.jpg Dolphin Services offers boat trips to Arta beach so you can snorkel and swim with the whale sharks 8163446082_515eaa1241_q.jpg

 

New residential areas of different standings are springing up with Egyptians, Kuweiti (Locrete factory for quality low-cost units), Qataris and other investors; meanwhile, historic buildings are under renovation such as the old presidential palace through world renowned architects (open to invited guests during Eid parties etc):

 

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