By Daily Sabah The Somali government has granted operating licenses to Turkish Islamic lender, or participation bank, Ziraat Katılım, becoming the first Turkish international bank to operate in the Horn of African country. After a meeting in the capital Mogadishu, Somalia’s central bank said in a statement that it has granted permission for two international

In this photo provided by the Luhansk region military administration, damaged residential buildings are seen in Lysychansk, Luhansk region, Ukraine, early Sunday, July 3, 2022. Russian forces pounded the city of Lysychansk and its surroundings in an all-out attempt to seize the last stronghold of resistance in eastern Ukraine’s Luhansk province, the governor said Saturday.

File Photo Somali Times/US ambassador to Somalia, Larry Andre The US ambassador to Somalia, Larry Andre, reiterated that the United States has one policy in Somalia and recognizes the borders established during independence. The ambassador made the remarks at an event in Minneapolis as part of a week-long celebration of Somalia’s independence. ”Our policy is

Great Somali singer Khadra Dahir Egeh Khadra Dahir Egeh, one of the most popular Somali singers of all time, has died in Hargeisa at the age of 65. Khadra died of pneumonia at the International Hospital in Hargeisa. Khadra was born in 1957 in Hargeisa, the capital of Somaliland, and joined art in 1974 at

Ukrainian State Emergency Service firefighters work to take away debris at a shopping center burned after a rocket attack in Kremenchuk, Ukraine, Tuesday, June 28, 2022. While much of the attritional war in Ukraine’s east is hidden from sight, the brutality of Russian missile strikes in recent days on the mall in the central city

Jose Mourinho during the match: Credit Reuters Photographer Alberto Lingria By The African Exponent Legendary football manager Jose Mourinho has called on the Fédération Internationale de Football Association (FIFA) to prevent African players from representing other countries. The Portuguese made the charge during a recent interview where he claimed that the international football governing body

By Reuters An accord signed with Finland and Sweden to lift Turkey’s veto on their NATO membership bids is not the end of the matter and obliges the Nordic states to keep their promises, President Tayyip Erdogan was cited as saying on Friday. After four hours of talks in Madrid on Tuesday, Erdogan and his

National Treasury Principal Secretary Julius Muia By Business Daily Africa Kenya will get the new tranche of Sh28 billion from the International Monetary Fund (IMF) in the new financial year, a delay that could complicate the funding of the budget in an election year. Treasury Principal Secretary Julius Muia said the money, which is the

Dutch Central Bank President Klaas Knot (AP Photo/Peter Dejong, File) By The Associated Press The Dutch central bank chief apologized Friday for the institution’s involvement in the 19th-century slave trade, the latest expression of contrition in the Netherlands linked to the country’s historic role in the trade in enslaved people. The apology came at an

British Prime Minister Boris Johnson meets New Zealand Prime Minister Jacinda Ardern (not pictured) at Downing Street, in London, Britain, July 1, 2022. Reuters/John Sibley/Pool By Reuters British Prime Minister Boris Johnson faced covralls on Friday to suspend one of his lawmakers who has become the latest Conservative Party politician to become embroiled in accusations