Business

Ethiopia and the UAE signed major cooperation agreements

As part of His Highness Crown Prince Sheikh Mohammed Bin Zayed Al Nahyan’s unique visit at a special Holy-day, Eid Al fetir to Ethiopia, Ethiopia and the UAE signed major cooperation agreements and Memorandum of Understandings. Ethiopian Foreign Minister Dr. Workneh Gebeyehu and his UAE counterpart Abdullah bin Zayed Al Nahyan, signed two major MoUs

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Samsung’s Radical Galaxy Smartphone Costs $2,000

The Galaxy Note 9 has some significant upgrades, but it has lost its headline feature and will be an incremental update at best. The reason is that Samsung is working on something far more exciting and now we know it will also be far more expensive… Early next year Samsung will unveil the so-called ‘Galaxy

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Four Arab countries provided aid to the Kingdom of Jordan

Mecca-The Conference Four Arab countries provided , Said in a statement that the to approve a $ 2.5bn dollars to recover Jordan economy.The aid provided to the Kingdom of the Greater Jordan is to address its budget deficits and other financial problems that have arisen in the Arabian Peninsula over the past four decades, with

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Somali Security Minister signs agreement to re-build a police force to over 40 million US dollar

Mogadishu.- The Somali Security Minister signs agreement to re-build a police force to over 40 million US dollar. The agreement, worth more than $ 40 million, is provided by the European Union, the UK and the German Government in the European Union, but specifically supporting the Somali Police Force. Dr. Abdi Akhiro, the Somali Support

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Beyle launches new currency Federal government

The finance Minister of the Federal Government of Somalia, HE Abdirahman Du’ale Beyle, today addressed the media in Mogadishu and expressed his gratitude for the recent arrival of the country. Newly presented cash is the tens of thousands of shillings and five thousand shillings. The minister said the new currency could not be compared to

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UAE, Moscow sign agreement

Moscow: His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and the President of the Russian Federation Vladimir Putin on Friday discussed the cooperation and friendship ties between the two countries along with an array of regional and international issues of common

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Italy commits $1.2 million to the Somalia Infrastructure Fund

  The African Development Bank has participated in a signing ceremony that occasioned Italy’s contribution of €1 million to the Somalia Infrastructure Fund.The ceremony was witnessed by Albert Mafusire, the African Development Bank’s Principal Country Economist for Somalia, who represented the Bank’s Deputy Director General for East Africa and Country Manager for Somalia, Nnenna Nwabufo;

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Mozambique, UK firm sign power generation agreement

The Government of Mozambique has signed a Memorandum of Understanding with Great Lakes Africa Energy to generate electric power using natural gas for domestic use at an estimated value of US $400 million. The agreement signed last Friday in Maputo, Mozambique with GLAE, a United Kingdom registered Pan African energy solutions provider, will involve the

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Pakistan, Somalia sings agreement US 10. 5 million dollar for ID system

ISLAMABAD-Prime Minister Shahid Khaqan Abbasi Wednesday witnessed signing of an agreement between Pakistan and Somalia for grant of US$ 10.5 million and provision of technical assistance for development of Somalia’s National Identification System. The signing ceremony here at the Prime Minister Office was attended by Minister for Finance Miftah Ismail, Special Assistant to Prime Minister

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Somali government and UN appeal for $80 million for flood victims following heaviest rainfall

Mogadishu – The humanitarian branches of the Federal Government of Somalia and the United Nations today launched an appeal for $80 million to provide immediate help for people affected by recent flooding in the country’s centre and south – resulting from the heaviest rainfall experienced in Somalia in more than three decades. The appeal falls

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