United Arab Emirates, Somali Times. Elderly clans Business people against, the Bosaso port agreement. Somalia government Ban DP-World to operate in Somalia even parliament they vote against DP-World, The Governor of the Puntland State of Somalia Mr Said Abdullahi Deni met with the Chairman of DP-World, led by Sultan Ahmed bin Sulayem. The Governor was

Photo (AP) World stock markets advanced Tuesday on upbeat economic data for China and Germany and as investors keep an eye on U.S. corporate earnings reports, which have been mixed so far. Germany’s DAX rose 0.6% to 12,097 after a measure of investor confidence, the ZEW index, rose for a sixth month. The CAC 40

Treasury and Finance Minister Berat Albayrak held talks Monday with his counterparts in Washington to increase the trade volume between the countries to $75 billion, up from the current $25 billion. Albayrak also met with U.S. President Donald Trump during his visit to the White House and talked about Turkey’s purchase of the Russian S-400

Photo Reuters Lufthansa reported an operating loss of 336 million euros (£290.4 million) for the first three months of the year, hurt by rising fuel costs and excess capacity in Europe, sending its shares down on Tuesday. Germany’s biggest airline said in an after-hours update on Monday that a 202 million euro rise in fuel

By Joshua Keating, A Somali soldier holds a machine gun at Sanguuni military base, where an American special operations soldier was killed by a mortar attack on June 8, about 450 kilometers south of Mogadishu, Somalia, on June 13. Mohamed Abdiwahab/Getty Images Stop me if you’ve heard this one before: The U.S. is committing itself

Bloc threatens Sudan with suspension if civilian rule not established in 15 days The African Union (AU) on Monday urged the leaders of Sudan’s interim military council to handover political power to an elected civilian administration or face automatic suspension. Speaking to reporters at the end of the bloc’s Peace and Security Council meeting, Nigeria’s

Treasury CS Henry Rotich The size of Kenya’s economy is projected to reach the Sh10.1 trillion mark this year, the latest statistical estimates by the International Monetary Fund (IMF) have shown. This will mark the largest absolute expansion in recent years, with the gross domestic product (GDP) estimated to rise by Sh1.1 trillion from Sh9

Mogadishu , U.S. Ambassador to Somalia Donald Y. Yamamoto held a roundtable discussion with organizations that work with the people and government of Somalia to overcome humanitarian crises. Joining Ambassador Yamamoto were representatives from: UN World Food Program, UN Food and Agriculture Organization, UNICEF, Mercy Corps, International Medical Corps, UNHCR, and IOM. Each expressed commitment

Photo (AP) Asian markets were mostly higher Monday on signs that the U.S. and China were closing in on a trade deal after months of negotiations. The Shanghai Composite index rose 0.6% to 3,207.87, after gaining close to 2% in early trading. Japan’s Nikkei 225 index jumped 1.4% to 22,169.11. The Kospi in South Korea

Photo Reuters Egypt’s parliament will vote on Tuesday on constitutional amendments including an extension to President Abdel Fattah al-Sisi’s current four-year-term, its speaker, Ali Abdelaal, said on Sunday. Proposed constitutional amendments had previously suggested that Sisi would be allowed to seek two new six-year terms after his current one expires in 2022. But according to