30-05-2016 08:49 via news.yahoo.com

DP World lands deal to manage port in Somaliland: WSJ

(Reuters) - DP World has reached an agreement to manage the Berbera port in Somaliland, which would allow it to become a major hub for goods to transit to and from the Horn of Africa, the Wall Street Journal reported on Sunday. Under the terms of the deal, the newspaper citing a person who has seen the document, Somaliland will grant the Dubai-based company the right to manage the Red Sea port of Berbera for 30 years. A year ago, the territory's foreign minister, Mohamed Behi Yonis, said it was
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