Business

Mayors of Mogadishu and Nairobi Hold an Important Meeting

Nairobi- Mayor of Mogadishu, who is also the governor of Banadir Region, Eng Abdirahman Omar Osman has met with Nairobi Governor, Honorable Mike Sonko in Nairobi and discussed with him ways of establishing multi-dimensional cooperation on different sectors. The governor of Banadir Region has discussed with his counterpart in Nairobi on multi-dimensional reports about transformations

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British PM tells MBS to prevent future incidents like Khashoggi murder

Theresa May’s office said in meeting with Saudi crown prince at G20 summit she stressed importance of holding Khashoggi’s killers accountable Theresa May told Saudi Crown Prince Mohammed bin Salman on Friday that he should take action to prevent incidents like the murder of Jamal Khashoggi from happening again, her office said. Saudi Arabia must

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Mayor of Mogadishu Meets with Different leaders in Nairobi

Mayor of Mogadishu and governor for Banadir Region, Hon.Omar Osman, has met with United States Ambassador to Somalia, Mr. Donald Y. Yamamoto and the Chief of USAID, Jeffry Bakkan in Nairobi, Kenya. They discussed current developments within the region, efforts to resettle the displaced people, the challenges faced by the region, as well as the

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Kenya has joined forces with 6 countries that borders the Indian Ocean as it fights back to stop $100 million going down the drain annually

Days after President Uhuru Kenyatta launched the Kenya Coast Guard Service to boost maritime security and protect the country’s resources like fish and oil, Kenya has signed a deal with six countries that border the Indian Ocean. Speaking on Wednesday during the sidelines of the Blue Economy Conference in Nairobi, Cabinet Secretary for Defence, Raychelle

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China, Spain to boost cooperation under BRI

Chinese President Xi Jinping said on Wednesday that the cooperation between China and Spain under the Belt and Road Initiative (BRI) has many historical and geographical advantages, calling on the two countries to boost cooperation in vast areas. Xi made the remarks during talks with Spanish Prime Minister Pedro Sanchez in Madrid. The two leaders

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S-400 deal threatens Turkey’s role in F-35 program, Pentagon report says

Turkey could face expulsion from the F-35 program if it goes ahead with the purchase of Russian-made S-400 air defense systems, a Pentagon report said. Citing the S-400 deal, the U.S. Congress quickly approved an amendment to the National Defense Authorization Act (NDAA) that prohibited F-35 sales to Turkey until the Pentagon issued a report

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Corrupt Somali Parliament, MP’s Apologizes for ‘Wrong Report’ on Missing US $40 Million

The Somali parliament have eaten their words and apologized to the finance ministry for the ‘mistake by house finance committee’ that over $ 40 million US Dollar was missing the country’s accounts. What really happened in Somalia? Last week, reports from Somalia claimed that members of the parliament debated on a case of missing $

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US economy grows 3.5 percent in Q3 on stronger business investment

The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated. The Commerce Department’s figure for gross domestic product, the broadest measure of the nation’s output of goods and services, was the same as its first

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Risks bubbling beneath Djibouti’s foreign bases

The Republic of Djibouti is on any measure one of the most stable countries in eastern Africa. There are no known Islamic radicals here and, unlike its immediate neighbor Somalia and Yemen across the Bab el-Mandeb Strait, it is not plagued by a vicious civil war. The 1998-2018 war between Ethiopia and Eritrea, two other

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China’s vice premier: No country can win a trade war

China’s Vice Premier Liu He told an economic conference in Hamburg on Tuesday that protectionist and unilateral approaches to trade will only deepen economic uncertainty, and that no country can emerge as a winner in a trade war. “We believe that protectionist and unilateral approaches do not offer solutions to problems on trade. On the

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