Business

The Somali Finance Minister said some MP’s asking favour project

Mogadishu-The Finance Minister of the Federal Government of Somalia, Dr Abdirahman Duale Beyle has labeled the corruption allegations to the Council of Ministers. Dr Beyle, who spoke to the lawmakers in the House of Representatives, said that he had a particular interest in the report of the financial committee and disrupted the financial management of

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UN ready for ‘supervisory’ role in managing Yemen port

The United Nations is ready to play a supervisory role to protect Yemen’s Red Sea port city of Hodeidah from “potential destruction,” a UN spokesman said on Friday. As UN Envoy to Yemen Martin Griffiths, now visiting the city, “said many times, the UN stands ready to work with the parties on a negotiated agreement,

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Somalia invites Pakistani businessmen to initiate joint ventures

Embassy of Somalia Deputy Commercial Attaché Abdifitah Abdul Kadir Osman has invited Pakistani businessmen to enter into joint ventures with their counterparts in pharmaceutical and various other sectors. He extended the invitation while talking to Lahore Chamber of Commerce and Industry (LCCI) Vice President Fahimur Rehman Saigal. The attaché called for making visa process easy

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Erdoğan, Somali counterpart Mohamed meet in Istanbul

President Recep Tayyip Erdoğan met with his Somali counterpart Mohamed Abdullahi Mohamed in Istanbul for talks on Friday, according to a statement from the Turkish presidency. The closed-door meeting between Erdoğan and Mohamed at Vahdettin Pavilion in the Üsküdar district lasted for one hour and fifteen minutes, the statement said. No further details of the

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May cites progress on Brexit after meeting with Juncker

British Prime Minister Theresa May said Wednesday that further progress has been made in Brexit negotiations following a lengthy meeting with EU Commission President Jean-Claude Juncker in Brussels. “We have had a very good meeting this evening. We have made further progress, and as a result, we have given sufficient direction to our negotiators,” May

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Kenya-Somalia border opening to spur trade

The once vibrant Kenya-Somalia border point in Mandera town that has remained closed for several years could soon be reopened. This follows improved security brought about by the ongoing construction of a border wall that has covered nearly 20km since the work started in 2015. A security team led by parliamentary Committee on Defence and

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Israel and Somaliland – long-lost brothers?

Israel and Somaliland have much in common. Israel faces many adversaries that don’t recognize it or its right to self-determination; Somaliland is also unrecognized as a state by most countries. Both share a history with Britain. The British defeated the Ottoman Empire, captured Palestine and later established treaties with the Jewish people in Israel. Somaliland

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President Kenyatta orders repossession of grabbed fish landing sites

President Uhuru Kenyatta has Monday directed the State Department of Fisheries and the National Land Commission to repossess all public fish landing sites that were illegally acquired by unscrupulous people. The President said that all gazetted fish landing sites at the coast, in lakes Victoria and Turkana and any other lakes or rivers in the

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Egypt and Ethiopia to discuss Nile dam dispute: PM

Egypt said on Sunday it would hold talks with Ethiopia in the next two weeks to iron out differences over an Ethiopian dam on the River Nile that Cairo sees as a threat to its water supplies.The two countries and Sudan have held a series of meetings over the $4 billion hydroelectric Grand Renaissance Dam,

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Djibouti welcomes integration of the Horn of Africa

Addis Ababa-Djiboutian Prime Minister Abiy Ahmed praised the significant changes he achieved in Ethiopia and across the region and the integration of the Horn of Africa. Prime Minister Abiy Ahmed and Djiboutian President Ismail Omar Guelleh today held a bilateral meeting in Addis-Ababa discussions on issues related to Ethiopia, Djibouti, as well as the region.

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