Tuesday 22 July 2014
 
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Senegal

W Africa closer to Islamic finance services

Senegal and members of the West African Economic and Monetary Union (also known as the UEMOA region) have completed a review of the region’s financial regulations, aiming to launch Islamic financial services later this year. The review, co

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Saudi in talks with Senegal over farmland

Senegal is in talks with Saudi Arabia to lease farmland to grow food on an area nearly four times the size of Manhattan, an official in Senegal involved in the deal said. Like other Gulf states, Saudi Arabia has been buying farmland in Asi

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Senegal suspends telecom deal

A Senegalese business watchdog has suspended a contract between national telecommunications provider Sonatel and US group Global Voice amid suspicions of irregularities, a report has said. The weekly La Gazette said on its website that the

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Emirates starts Dubai-Dakar route

Emirates, the international airline of the UAE, launched a new direct service to Dakar, the capital city of Senegal today (September 1), making it the airline’s 105th destination. The new route, which is the only non-stop, scheduled passen

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Senegal to showcase Islamic banking potential

Bahrain will host a key Islamic banking forum with Senegal on Monday that aims to assist the Senegalese government in its efforts to promote the financial services sector and attract more private investments. SYM International Finance Corp

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Saudi Binladin eyes stake in Senegal refinery

Saudi Binladin Group has bid 18 billion CFA francs ($37 million) to acquire a 34 per cent stake in Senegal's state oil refiner, Societe Africaine de Raffinage (SAR), Senegal's energy ministry said late on Monday. The deal will be c

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Emirates to start flights to Senegal

Emirates, the international airline of the UAE, will launch five non-stop flights a week starting September 1 to Dakar, the capital city of Senegal, making it the airline’s 106th international destination. Emirates will fly an Airbus A340-

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Dubai World in $800m Senegal economic zone deal

Dubai World Group's Jafza subsidiary signed an $800 million deal on Monday to build and run a special economic zone in Senegal. This is the latest in a series of Arab investments in the West African country. Dubai World chairman Su

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DP World to invest $641m in Senegal port

Dubai's government-owned ports operator DP World signed a 25-year concession to develop and operate Dakar port in Senegal. The company plans to invest at least 455 million euros ($641 million) there, its chairman said on Monday.

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Iran to build Senegal oil refinery

Iran will build an oil refinery and petrochemicals plant in Senegal and speed up plans to construct a car factory there, the West African country's government said in a statement published on Friday. The statement followed a cabinet meetin

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