Business

Qatar-Somalia: Trusted partners

Since Siad Barre’s government was overthrown in 1991, Somalia has experienced a harsh situation and suffered from long civil war as conflict between various armed factions began struggling for raising their influence. So malis never gave up hopes despite measurable situation to pull out their country out of devastation and chaos and great progress has

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Somalia Foreign Minister calls on the OIC Member States to support debt cancellation

The Minister of Foreign Affairs and International Cooperation, H.E. Amb. Ahmed Isse Awad delivered a speech at a meeting of the 46th Session of the Council of Foreign Ministers of the OIC Member States, which opened on Friday in the UAE capital Abu Dhabi. In his speech, the minister stressed that Somalia is forever grateful

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Canada approves Huawei extradition proceedings, China seethes

Photo Reuters The Canadian government, as expected, on Friday approved extradition proceedings against the chief financial officer of Huawei Technologies Co Ltd, prompting a furious reaction from China. Meng Wanzhou, the daughter of Huawei’s founder, was detained in Vancouver last December and is under house arrest. In late January the U.S. Justice Department charged Meng

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China welcomes U.S. decision of suspending China tariff hike

China welcomes the U.S. decision of suspending the tariff hike of goods imported from China, said the Customs Tariff Commission of the State Council on Saturday. The Chinese tariff authority said it accepted the statement from U.S. Trade Representative Office, which states that Chinese goods that have been subject to tariffs since September 2018 will

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Trump says he walked from deal with North Korea’s Kim over sanction demands

U.S. President Donald Trump holds a news conference after his summit with North Korean leader Kim Jong Un at the JW Marriott hotel in Hanoi, Vietnam, February 28, 2019. REUTERS/Leah Millis U.S. President Donald Trump said on Thursday he had walked away from a nuclear deal at his summit with Kim Jong Un because of

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Qatar to support the Somali budget with USD 73 Million

The Amir Sheikh Tamim bin Hamad al-Thani discussed with Somalia’s President Mohamed Abdullahi Mohamed the strong bilateral relations between the two countries and ways to boost and develop them in various fields. During the talks held on Wednesday at the Amiri Diwan, the developments in Somalia were reviewed and the Amir directed to support the

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Somalia president receives warm welcome in Doha

The President of the Federal Republic of Somalia, H.E Mohamed Abdullahi Mohamed and his delegation arrived in Doha, following talks with Emir of Qatar Sheikh Tami Bin Hamad Al Thani. Somalia President H.E Mohamed Abdullahi Mohamed has been welcomed at the airport by Qatari officials and welcomed the of the Qatar government and the diplomats

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Don’t overlook Africa’s ‘fragile’ states for social businesses, urge industry experts

African nations such as Somalia may be perceived as conflict-ridden and risky for business but “fragile states” can be an untapped opportunity for social enterprises that are flexible and think out-of-the-box, said industry experts. The Organisation for Economic Cooperation and Development (OECD) lists 58 countries as “fragile states” – most of which are in Africa

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Somali President had Speech at the Arab-EU Summit. in Egypt

Sharm el-Sheikh, Excellences, Ladies and Gentlemen, It is an honour and a privilege to be among distinguished colleagues, friends and partners for stability, progress and prosperity in this first ever Arab-EU Summit. I thank the Government of the Arab Republic of Egypt for the warm hospitality afforded to myself and delegation and for hosting this

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Global stocks rise after Trump tariff extension

Photo (AP) China’s main stock index jumped to an eight-month high Monday and other global markets advanced after President Donald Trump agreed to postpone a tariff hike on Chinese goods. In early trading, London’s FTSE 100 rose 0.4 percent and Germany’s DAX gained 0.6 percent following Trump’s announcement after talks on a fight over Beijing’s

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