Business

Qatar to invest $500 million in Lebanese government bonds

Photo (AP) Qatar has announced that it will invest $500 million in Lebanese government bonds to support the Mediterranean country’s struggling economy. Qatar’s Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani made the announcement in comments to Qatar’s state news agency. Monday’s announcement came a day after Qatar’s ruler Sheikh Tamim bin Hamad Al Thani made

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Netanyahu arrives in Chad to reestablish diplomatic ties

PM Benjamin Netanyahu with Chadian President Idriss Déby, Sunday | Photo: Kobi Gideon / GPO Prime Minister Benjamin Netanyahu holds private meeting with Chadian President Idriss Déby • Chad’s defense and internal security ministers tell Israel Hayom that Chad intends to sign document officially reinstating diplomatic relations with Israel. Prime Minister Benjamin Netanyahu is in

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Qatar donates 68 armored vehicles to Somalia

Qatar donated 68 armored vehicles to Somalia on Thursday, Qatar’s Defense Ministry said. The armored vehicles, delivered in Mogadishu, will strengthen the Somali state, which is battling an Islamist insurgency,A briefing at the Mogadishu Port was attended by the Minister of Defense of the Somali Government of Qatar, General Mohamud Ali, the Qatari military official,

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May battles to keep Brexit on track after no-confidence win

Photo (AP) British Prime Minister Theresa May is reaching out to opposition parties and other lawmakers Thursday in a battle to put Brexit back on track after surviving a no-confidence vote. European Union countries are also debating on how to move forward now that the U.K. Parliament has rejected May’s Brexit withdrawal deal with the

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Why are Gulf countries so interested in the Horn of Africa?

ACROSS THE Horn of Africa evidence is mounting that relations with Gulf countries are growing stronger. Last month representatives from Djibouti, Sudan and Somalia gathered in Riyadh, the capital of Saudi Arabia, to discuss the creation of a new Red Sea security alliance. Three months earlier the prime ministers of Ethiopia and Eritrea signed a

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Chairman hints at Syria’s probable Arab League return

Arab League Secretary-General Ahmed Abul-Ghait said that restoring Syria’s membership was subject to approval by the majority of member states. Syria’s membership in the Cairo-based league has been suspended since 2011, when the Bashar al-Assad regime launched a harsh crackdown on pro-democracy protests, sparking eight years of civil war. Unfreezing Syria’s membership “is subject to

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Brexit bedlam: Parliament sinks May’s EU divorce deal by 230 votes

British Prime Minister Theresa May addresses Parliament ahead of the vote on May’s Brexit deal, in London, Britain, January 15, 2019 in this screengrab taken from video. Reuters TV via REUTERS British lawmakers defeated Prime Minister Theresa May’s Brexit divorce deal by a crushing margin on Tuesday, triggering political upheaval that could lead to a

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May faces defeat in parliament over Brexit plan

Britain’s Prime Minister Theresa May leaves from the back of 10 Downing Street in London, Britain, January 14, 2019. REUTERS/Clodagh Kilcoyne British Prime Minister Theresa May faced the prospect of defeat in a historic vote in parliament on her Brexit deal on Tuesday, leaving the country in limbo about its membership of the world’s biggest

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Somalia seeks to invest in COMESA region

Charge d’Affaires at the Embassy of Somalia in Lusaka, Mr Ahmed Abdirahman Sheikh Nur has revealed that the his country is looking for areas to invest in within the COMESA region. Mr Ahmed said this in Lusaka when he paid a courtesy call on Secretary General Ms Chileshe Kapwepwe at the COMESA Secretariat. The two-discussed

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UK leader mounts last-ditch bid to win Brexit deal backing

Photo (AP) British Prime Minister Theresa May plans to tell lawmakers she has received further assurances about her Brexit deal from the European Union, in a last-ditch attempt to win support for the unpopular agreement. May is due to make a statement in the House of Commons Monday afternoon, a day before lawmakers are due

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