Business

Trump praises Egypt’s Sisi despite concerns about human rights, Russian arms

U.S. President Donald Trump meets with Egypt’s President Abdel Fattah Al Sisi in the Oval Office at the White House in Washington, U.S., April 9, 2019. REUTERS/Kevin Lamarque U.S. President Donald Trump praised his Egyptian counterpart Abdel Fattah al-Sisi as a “great president” on Tuesday despite U.S. lawmakers’ concerns about his record on human rights,

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Plans by China Port of Kenya takeover sparks neo-colonialism outcry

Mombasa seaport Plans by China to take over Kenya’s main port are giving some credence to concerns of the Belt and Road Initiative (BRI) being a form of neo-colonialism by the Asian nation that is a global economic powerhouse. Such plans also send a harsh warning to other countries as to the hardline stance by

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10 questions Somalia’s prime minister should answer in Washington

Somali Prime Minister Hassan Ali Khaire begins a visit to Washington on Monday. Meetings are tentatively scheduled at the World Bank and either at or with senior officials from the State Department, Treasury Department, and the United States’ intelligence community. Khaire, who has just begun his third year as prime minister and who was previously

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Amir issues a number of decrees

The Amir Sheikh Tamim bin Hamad Al-Thani issued Sunday Decree No. 17 of 2019 on ratifying a memorandum of understanding to cooperate in the health field between the governments of the State of Qatar and the Federal Republic of Somalia signed in Doha on May 14, 2018, annexed to this decree and shall have the

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Governor Deni says “We respect the DP World Bosaso Port agreement

Bosaso, Somali Times Puntland Governor Said Abdullahi Deni speaks at the signing of the P & O Port under the DP World Company to manage the port of Bosaso. Speaking at the ceremony, Governor Deni today arrived at the port of Bosaso, the town of the port city of Bosaso. Governor Deni thanked to DP

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Eritrea Foreign Minister Arrives in Somali Capital

The Minister of foreign affairs of Eritrea, Osman Saleh Mohammed and his accompanying delegation which included the presidential adviser, Mr. Yemane Gabreab arrived in Mogadishu today and were welcomed upon arrival at Aden Adde International Airport by Minister of Foreign Affairs and International Cooperation, Ahmed Isse Awad. The Eritrean Minister of Foreign Affairs, Osman Saleh

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Uganda: Public debt rises to Shs44 trillion

Public debt has increased to Shs44.67 trillion, according to details contained in a Finance Ministry report. The increase represents a 22 per cent surge for the financial year ended June 2017/18 up from Shs36.7 trillion in the 2016/17 financial year. According to data contained in the Ministry of Finance reports and consolidated financial statements, the

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Djibouti ordered to pay $385 million to DP World

Djibouti was on Thursday dealt a heavy legal blow when a London-based international court ordered the Horn of Africa nation to pay $385 million in compensation to UAE global ports operator DP World over a breach of contract, according to the Dubai government. The London Court of International Arbitration also ordered the African nation to

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Turkey’s exports with $44.5B hit all-time high in Q1

Turkey’s exports hit highest-ever January-March figure with $44.5 billion, the country’s trade minister announced Thursday. According to the general trade system, Ruhsar Pekcan said exports in the first quarter of 2019 surged 3.34 percent year-on-year. Over the same period, Turkey’s imports amounted to $50.5 billion with an annual decline of 21.46 percent. In the three-month

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NATO chief says Brazil, other Latin American countries could become ‘partners’

NATO Secretary General Jens Stoltenberg addresses a joint meeting of the U.S. Congress as Vice President Mike Pence and Speaker of the House Nancy Pelosi listen in the House Chamber on Capitol Hill in Washington, U.S., April 3, 2019. REUTERS/Carlos Barria NATO can look at the possibility of other Latin American states joining Colombia in

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