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Tag: Dahabshiil
Dahabshiil removes ‘Somaliland’ from platforms after Somali government directive
Dahabshiil, a leading international financial services company, has removed all references to 'Somaliland' from its platforms in compliance with a directive from the Somali government. The move, aimed at complying with national regulations, has triggered widespread resentment in Somaliland, where many residents view it as a betrayal of their autonomy.…
Diaspora remittances continue to boost Somali economy – Dahabshiil
Somalis living abroad have remained key in the economic growth of the region through their remittances, money transfer company Dahabshiil has said. According to the firm, diaspora remittances are a lifeline for many in the horn of Africa which is grappling with economic crisis occasioned by the Covid-19 pandemic, drought…
Dahabshiil CEO Abdirashid Duale honoured in London for “fantastic work” in financial sector
The Queen's bank, Coutts in London has honoured the Chief Executive Officer of Africa's leading global financial firm Dahabshiil Abdrirashid Duale for his contribution in the growth of the financial sector during the Platinum Jubilee beacon- lighting event. Coutts invited Duale in appreciation of what it described as ‘the fantastic…
Remittance company Dahabshiil wins two global excellence awards
Leading Africa money transfer company Dahabshiil has received two Global Good Governance awards from cambridgeIFA a global institution, for Best services to Diaspora and Excellence in Money Transfer. Dahabshiil which has roots in over 120 countries across the world has played a key role in boosting the economy of African…
Somalilanders’ remittance businesses thrive worldwide
Thirty years ago, Ismail Ahmed snuck from then war-ravaged Somaliland into neighbouring Djibouti, hidden on the back of a tipper truck. His brother, who was working in Saudi Arabia, sent him money to pay for a flight to London to take on a scholarship to study economics. “That’s when I…