DP World launches drilling oil $442m on Berbera port

Somalia , is a sovereign state with its territory located in the Horn of Africa. It is bordered by Ethiopia to the west, Djibouti to the northwest, the Gulf of Aden to the north, the Guardafui Channel and Indian Ocean to the east, and Kenya to the southwest. It is separated from Socotra by the

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What Kenya can do for locals to benefit from oil industry

Six years ago, Kenya discovered commercially viable oil deposits in the Turkana region. The find is expected to boost economic growth as about 560 million barrels of oil are expected to be recovered from the South Lokichar Basin. Commercial oil production is expected in about three to four years. But not all Kenyans are happy.

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Qatari banks raise over $1 billion in privately placed bonds – sources

Qatar National Bank QISB.QA, the largest bank by assets in the Middle East and Africa, and Qatar Islamic Bank (QNBK.QA), the Gulf state’s largest sharia-compliant lender by assets, have raised a combined $1.3 billion in privately placed bonds, sources familiar with the matter said. Private placements allow debt issuers to diversify their funding base by

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World’s longest nonstop flight from Singapore to New York takes off today

Passengers were getting ready to board the world’s longest flight on Thursday — a marathon 19 hours in the air between Singapore and New York. Two pilots, a special “wellness” menu and more than seven weeks’ worth of film and television entertainment were expected to accompany travelers on the 16,700-kilometer (10,400-mile) journey to the Big

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EU’s Barnier says Brexit deal may be ‘within reach’ next week, demands Irish checks

European Union Brexit negotiator Michel Barnier said on Wednesday an agreement with Britain could be “within reach” next week, calling for decisive progress in the talks in time for a summit of all 28 EU leaders. Negotiators from both sides have been locked in talks this week to overcome differences on the biggest outstanding hurdle

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Erdogan calls on Africa to trade in local currencies

Turkish President Recep Tayyip Erdogan called on African countries to trade and do joint businesses with Turkey using local currencies. “Let’s save our trade from risks posed by foreign currencies,” he said at the Turkey-Africa Economy and Business Forum in Istanbul on Wednesday. He underlined that they have to take steps to save their countries

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Terror group al-Shabab publicly executes ‘British spy and four other spies’

The Somali militant group al-Shabab claims it killed a British spy yesterday.Awale Ahmed Mohamed, 32, spied for MI6 after moving from Britain to Somalia to establish Islamic State, according to Mohamed Abu Abdalla, al Shabaab’s governor for the Jubba regions. Islamists say they shot five men in the public execution on Tuesday. Three of the

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Pushing Boundaries: IOM Works on Innovative Solutions for Effective Border Management in East and West Africa

With a new border management system now in place in Somalia, Stephen Matete is looking forward to his next posting. Since 2011, the 34-year-old Kenyan has been a National Officer with IOM’s Immigration and Border Management programme. Among the areas of focus for the programme are border management information systems, which ideally balance efficiency in

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Trump says still doesn’t know anything about WP’s Khashoggi, week after his disappearance

U.S. President Donald Trump said on Tuesday he does not know anything about Washington Post columnist Khashoggi’s disappearance he had not yet spoken with Saudi officials about the situation, a week after the journalist disappeared. Less than a day after saying he was “concerned” for Khashoggi, Trump said he would talk with Saudi officials “at

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Somali Prime Minister arrived in Riyadh today.

At King Khalid International Airport, the Prime Minister was received by Prince Mohammed bin Abdulrahman bin Abdulaziz, Deputy Governor of Riyadh Region; Ahmed bin Abdulaziz Al-Qattan, Minister of State of the Foreign Ministry for African Countries’ Affairs; Eng. Tariq bin Abdulaziz Al-Faris, Mayor of Riyadh Region; Dr. Mohammed Khayat, Saudi Ambassador to Somalia; Major General

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