Iranian navy sends warships to Gulf of Aden

ISTANBUL-Iran on Thursday dispatched two warships to the Gulf of Aden, where for the last week fighting has raged between the Yemeni army and Houthi rebels over Yemen’s Al-Hudaydah province. According to Iran’s semi-official Tasnim News Agency, Iran has sent both a helicopter-carrier and a naval destroyer to the region.A highly strategic waterway, the Gulf

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Somali Prime Minister says no deal reached with Ethiopia on Seaports

Somali Prime Minister, HE Hassan Ali Khaire rejected reports that President Mohamed has Sign agreement with Prime minister Abiy Ahmed an official trade agreement with its neighbouring Ethiopian government last Saturday. Speaking to the Somali community in Oslo, Norway, Prime Minister Khaire. Said that Mohamed and Abiy Ahmed have reached a memorandum of understanding on

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The Somali president travels to Ethiopia

The President of the Federal Republic of Somalia, HE Mohamed Abdullahi Mohamed and a delegation led by The President of the Federal Republic of Somalia, arrived in Ethiopian capital, Addis Ababa, where he will attend a regional summit of IGAD member states, the African Union and the United Nations. to address the crisis in South

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Somalia: Central Bank Governor Announces New Shilling Somali Shilling

Mogadishu -Somali Times Somalia’s Central Bank Governor, Sir. Bashir Isse Ali, today addressed the media, reported the new Shilling Somali currency in the country and development activities in the Central Bank of Somalia. First, the governor said that the new edition of the country’s currency is composed of many parts, indicating that these funds are

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The president of United of Somaliland arrives in Garowe

A delegation led by the United of Somaliland HE Mustafe Mohamed Martin who was recently announced in Garowe, has arrived in Garowe, capital of Puntland, on Wednesday. president Mustafe Mohamed Martin confirmed on his official Facebook that he will fly to Garowe on June 20 this year. The Vice President, the Presidents and other prominent

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Turkey: Nearly 120,000 houses sold in May

ANKARA-Nearly 120,000 houses were sold in Turkey in May, marking a 2.7 percent increase over the same period last year, the country’s statistics agency announced Wednesday.Some 55,500 houses were sold for the first time while the rest were second-hand sales — TurkStat reported. “For the house sales of May 2018, Istanbul had the highest share

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Pentagon says will deliver two F-35 jets to Turkey on Thursday

Turkey will receive its first two F-35 fighter jets from the U.S. on Thursday during a ceremony in Fort Worth, Texas despite facing opposition from the U.S. Congress, the Pentagon said Wednesday. According to Pentagon spokesman Mike Andrews, Lockheed Martin will conduct a rollout ceremony on Thursday in Fort Worth and the jets will move

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Understanding the economic cost of corruption in Kenya

Kenya is perceived as one of the world’s most corrupt countries. It ranked 143 out of 180 countries on Transparency International’s 2017 corruption perception index. The only African countries that scored worse – among them Somalia, South Sudan, Libya, Eritrea, Burundi, and Zimbabwe – were either politically unstable or in conflict. This poor showing shouldn’t

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Mogadishu Mayor appreciates Turkey for support in Somalia

Mogadishu -Mayor of Mogadishu of Banadir region Eng. Abdirahman Omar Osman . thanked the Government and people of Turkey for the support always stand with the Somali people wherever they are, especially in development projects to carry out capital The Federal Republic of Somalia.Chairman Eng. Osman pointed out that the general public of the Somali

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Ethiopian Prime Minister admits country needs to tackle debt issue

Ethiopian Prime Minister Abiy Ahmed has said foreign debt is becoming a burden to his country.We have reached a point where debt servicing has become very hard for the national economy,” Ahmed said in an annual performance report presentation to parliament according. to the prime minister, The country has taken $1.3 billion in loans during

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