Business

Report: Israel sold $250m. of sophisticated spy systems to Saudi Arabia

Saudi Arabia and Israel held secret meetings which led to an estimated $250-million deal, including the transfer of Israeli espionage technologies to the kingdom, Israeli media reported on Sunday, citing an exclusive report by the United Arab Emirate news website Al-Khaleej. Some of the spy systems, which are the most sophisticated systems Israel has ever

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Somalia, Qatar agreed to review bilateral ties

The President of the Federal Republic of Somalia, Mohamed Abdullahi Mohamed, met with Minister of State for Foreign Affairs  Sultan bin Saad Al Muraikhi. At the outset of the meeting, the Minister conveyed greetings of Amir Sheikh Tamim bin Hamad Al Thani to the President and his wishes of further progress and prosperity to the

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Erdoğan holds bilateral meetings with Merkel, Putin, Macron ahead of Istanbul summit on Syria

President Recep Tayyip Erdoğan met German Chancellor Angela Merkel and Russian President Vladimir Putin on Saturday in Istanbul ahead of the crucial summit on Syria, which will also be attended by French President Emmanuel Macron. Merkel arrived in Istanbul on mid-Saturday for the summit and greeted by Istanbul Governor Vasip Şahin and Metropolitan Mayor Mevlüt

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Somali Prime Minister opens the OIC meeting in Mogadishu

Somali Prime Minister, Hassan Ali Khaire has opened the meeting of the Organization of Islamic Cooperation contact group on Somalia in Mogadishu on Saturday under tight security. Delegations from Muslim countries are in attendance at the Organization of Islamic Cooperation Ministerial contact group meeting, which is first of its kind to take place in Somalia

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No-deal Brexit would slash UK budget by £30bn

In the event of a soft Brexit, the Treasury could borrow an extra £30bn to spend over the next five years, but if the UK crashes out of the European Union in 2019 without a deal this benefit would be erased, the National Institute of Economic and Social Research said on Friday. The future relationship

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Mogadishu Governor restricts business at a popular beach

Mogadishu-The mayor of the Somali capital Mogadishu has imposed restrictions on business and entertainment activities at the popular Lido Beach. Mayor Eng. Abdurahman Omar Osman , said no activity would be allowed at the beach after midnight. “Mogadishu municipality will not tolerate any business along Lido Beach remaining open after midnight, Mayor Osman said on

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European Parliament urges arms embargo on Saudi Arabia

Responding to the news that the European Parliament has condemned the Kingdom of Saudi Arabia following the killing of prominent journalist Jamal Khashoggi and called for an arms embargo, Covadonga de la Campa, Interim Director of the Amnesty International, EU Office, said: “The recent killing of Jamal Khashoggi has exposed the limits of silent diplomacy

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U.S. lawmakers consider bill to ban arms sales to Saudi Arabia

Washington – A bipartisan group of lawmakers introduced a bill in the U.S. House of Representatives on Wednesday that would stop most U.S. arms sales to Saudi Arabia in response to the death of journalist Jamal Khashoggi, Representative James McGovern said on his web site. The bill said that President Donald Trump could request exceptions

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Minister Post, Telecom and Technology open Mogadishu Tech Summit

Mogadishu-Minister for Post, Telecom and Technology, Eng Abdi Ashur, has officially opened the Mogadishu Tech Summit, marking another milestone for Somalia’s ICT sector. Mayor of Mogadishu, Eng. Abdirahman Omar Osman and director of Immigration and Naturalization Department, Mr. Mohamed Adan, warmly welcomed idea behind the summit, noting that technology directly impacts the work of government

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Museveni launches Uganda-China Free Zone project in Tororo

Ugandan President Yoweri Museveni on Tuesday launched the first phase of a $620m Chinese industrial project in the eastern part of the country. The project dubbed, “Uganda-China Free Zone of International Industrial Cooperation”, undertaken by the Dongsong Energy Group, will manufacture glass, steel and organic-fertilizers, creating about 3,000 jobs at peak when completed in 2020.

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