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

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

On the sidelines of the World Bank-IMF Spring meetings, Canada announced a $1.1 billion commitment in temporary callable capital to support the African Development Bank. Canada’s announcement, to be approved by the Bank’s governors, was made by Maryam Monsef, the Canadian Minister of International Development and for Women and Gender Equality. “I am happy to

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), met with Hassan Ali Khaire, Prime Minister of Somalia yesterday in Washington and issued the following statement: “I was very pleased to meet with Prime Minister Khaire and his economic team at the IMF headquarters. We had a very productive meeting and exchanged views

Photo (AP) Coal-powered plants, mobile networks, major bridges, roads and railways: Chinese investments have been booming throughout Central and Eastern Europe’s cash-strapped developing countries, even as European Union officials scramble to counter Beijing’s mounting economic and political influence on the continent. EU member Croatia is hosting a summit Thursday between China and 16 regional countries

Secretary of State does not call Sisi a tyrant, says ‘it’s a mean, nasty world out there’ The U.S. warned Egypt on Tuesday against purchasing Russian Su-35 multi-role fighter aircraft, saying it would face sanctions should it go through with the procurement.”We’ve made clear that if those systems were to be purchased, the CAATSA statute