The largest association of independent businesspeople in Turkey has opened an office in Somalia as part of its drive to expand into Africa. The Independent Industrialists’ and Businessmen’s Association (MUSIAD) now has 209 contact points in 79 countries, the group said on Tuesday. Ibrahim Uyar, the head of MUSIAD’s foreign organization and development commission, said

London-Turkish Foreign Minister Mevlut Cavusoglu met with British Foreign Secretary Jeremy Hunt in London Monday and discussed a range of issues. Among the topics addressed in their closed-door meeting was the case of missing Saudi journalist Jamal Khashoggi, which Hunt said remains “deeply concerning”. “The UK fully supports the Turkish investigation into the incident as

Alphabet Inc’s Google on Monday became the latest company to drop out of a business conference in Saudi Arabia. Pressure has mounted on Saudi Arabia since prominent Saudi journalist Jamal Khashoggi, a U.S. resident, Washington Post columnist and critic of Saudi policies, went missing. He was last seen entering the Saudi consulate in Istanbul on

Saudi Arabia has long been fertile territory for United States defense contractors, an oil-rich kingdom with an appetite for weapons. Since 1950, the country has spent nearly $90 billion on arms from U.S. defense contractors, according to data compiled by the Pentagon. Last year alone, it spent nearly $5.5 billion. While that isn’t anything close

JP Morgan & Chase Co Chief Executive Jamie Dimon and Ford Motor Co Chairman Bill Ford canceled plans to attend a Saudi investor conference, the companies said on Sunday, the latest such high-profile announcements after the disappearance of Saudi journalist Jamal Khashoggi. The cancellations could add pressure on other U.S. firms like Goldman Sachs Group

The Federal Government of Somalia and the European Union signed today a € 100 million European Union direct support for the government budget. The agreement was signed at a ceremony held at the prime minister’s office and was attended by Prime Minister Hassan Ali Khaire, saying that the European Union is paying € 100 million

Pakistan said on Thursday it opposed the India-Russia S-400 air defense missile system deal, the foreign office said.”We are opposed to any arms race in South Asia and have been proposing measures for promoting restraint in both the nuclear and conventional dominos,” Mohammad Faisal, Foreign Ministry spokesman, told journalists during his weekly media briefing. He

Somalia , is a sovereign state with its territory located in the Horn of Africa. It is bordered by Ethiopia to the west, Djibouti to the northwest, the Gulf of Aden to the north, the Guardafui Channel and Indian Ocean to the east, and Kenya to the southwest. It is separated from Socotra by the

Six years ago, Kenya discovered commercially viable oil deposits in the Turkana region. The find is expected to boost economic growth as about 560 million barrels of oil are expected to be recovered from the South Lokichar Basin. Commercial oil production is expected in about three to four years. But not all Kenyans are happy.

Qatar National Bank QISB.QA, the largest bank by assets in the Middle East and Africa, and Qatar Islamic Bank (QNBK.QA), the Gulf state’s largest sharia-compliant lender by assets, have raised a combined $1.3 billion in privately placed bonds, sources familiar with the matter said. Private placements allow debt issuers to diversify their funding base by