A Debenhams store is pictured in Liverpool, following the outbreak of the coronavirus disease (COVID-19), Liverpool, Britain, June 5, 2020. REUTERS/Molly Darlington LONDON (Reuters) – British department store retailer Debenhams is to be liquidated after failing to find a buyer, administrators FRP Advisory said on Tuesday. It said it would start a wind-down of Debenhams,

Riyadh grants Israeli airliners permission to fly over its airspace on way to United Arab Emirates, local media reports Saudi Arabia has permitted Israeli airliners en route to the United Arab Emirates (UAE) to fly over its airspace, according to the Israeli media. ”Despite the lack of diplomatic relations between the two states, Saudi Arabia

Photo/Somali Times Following last night’s decision by Puntland President Said Abdullahi Deni to levy taxes in the area in US dollars, public outrage and protests have begun in Puntland today. Large crowds gathered in major cities such as Garowe, Bosaso and Galkayo, who was equally opposed to Deni’s order. Protesters chanted slogans against the administration’s

Transaction size of $200M implies total equity value of $2B, says Turkiye Wealth Fund of 10% Borsa Istanbul acquisition The acquisition of a 10% share in Turkish stock exchange Borsa Istanbul by the Qatari state Investment Authority was completed on Monday. ”According to a statement from the Turkiye Wealth Fund (TWF), the transaction size of

Photo/Somali Times Somali Foreign Affairs Minister Mohamed Abdirizak Mohamoud Abubakar met with Somali Ambassador to Kenya Mohamoud Ahmed Nur Tarsan in his office. ”The Somali government has ordered the Kenyan ambassador to Somalia to leave the country and recalled its ambassador to Kenya. The Minister of Foreign Affairs and Ambassador Tarsan discussed the latest developments

Central Bank of Kenya Governor Patrick Njoroge. Workers and businesses have defaulted on loans worth Sh53.95 billion since the onset of coronavirus restrictions in March, paving the way for blacklisting of thousands of borrowers with credit reference bureaus (CRBs) from January. Data from the Central Bank of Kenya (CBK) shows that non-performing loans (NPLs) rose

Photo/Somali Times The Somali government is planning to form a new administration in Jubaland, after accusing Jubaland President Ahmed Madobe of working for the Kenyan government. Somalia’s government said yesterday the Kenyan ambassador to leave and recalls its ambassador in Nairobi, Somalia’s government accused interference Kenyan in Somalia election, and the president of Jubaland in

The leader of Ethiopia’s rebellious northern forces said on Monday he was still fighting close to the regional capital of Mekelle after it was captured by government troops. Debretsion Gebremichael, who heads the Tigray People’s Liberation Front (TPLF), also told Reuters in a text message that some Eritrean soldiers fighting alongside the Ethiopian federal forces

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Nov. 30, 2020. Asian shares were mixed on Monday on renewed caution despite a record high finish on Wall Street last week driven by hopes for a COVID-19 vaccine and relief for the

Photo; Credit The Guardian Rishi Sunak and Akshata Murty. The chancellor’s wife has a £430m shareholding in IT multinational Infosys. Photograph: unknown By Juliette Garside Chancellor did not declare wife’s multimillion-pound share portfolio in register of interests The government ethics watchdog has been asked to assess whether the ministerial code was breached by Rishi Sunak