KUWAIT (Reuters) – Saudi Crown Prince Mohammed bin Salman arrived in Kuwait on Sunday, state media reported, amid expectation that he will discuss oil supplies and a Kuwaiti mediation effort to resolve Saudi Arabia’s conflict with Qatar. Prince Mohammed will hold talks with Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah, state news agency KUNA reported.

Somalia’s economy and society are rising, like the proverbial Sphinx, from the ashes of civil war. Mogadishu’s post-conflict economic recovery reflects a savoury mélange of government reforms, investments by Somalia’s new business elite, remittances by the diaspora and new groundswells of international goodwill and financial flows. A new deal for Somalia is in the offing.

The Minister of Foreign Affairs and International Cooperation of the Federal Republic of Somalia, Mr. Ahmed Issa Awad, addressed the United Nations General Assembly on a number of issues related to the political and economic situation in the country.The Minister focused his focus on the security, political and economic gains that the Federal Government achieved.

Former Deputy Speaker of the Kenyan National Assembly Farah Maalim has alleged that the US is secretly mining and exporting minerals from Somalia. In a tweet the Kenyan politician who is a regular commentator on Somalia and Horn of Africa issues fell short of naming the minerals he alleges to be secretly exported. ” Every

UK, Somalia, Italy and Ethiopia brought together international partners in support of Somalia’s security, political and economic reforms.Minister for Africa Harriett Baldwin co-hosted the meeting at the UN General Assembly in New York, with Foreign Minister Ahmed Issa Awad of Somalia, State Minister Hirut Zemene of Ethiopia and Enzo Moavero Milanesi, Minister of Foreign Affairs

JOHANNESBURG (AP) – The European Union says it has approved 100 million euros ($116 million) in its first-ever budget support to Somalia’s government in the latest sign of confidence in a country long shattered by conflict. The EU announcement comes a day after the World Bank said it would provide $80 million in direct financing

Washington-The World Bank Group’s Board of Directors endorsed the first four-year Country Partnership Framework .CPF for Somalia and approved two investment programs worth $80 million. The CPF outlines the Bank’s strategy to support the government’s goal to expand service delivery, build resilience to climatic shocks, and boost economic opportunities in Somalia. As the country’s first

The two sides had already slapped tariffs on $50 billion worth of each other’s goods. For U.S. consumers, the new duties could translate into higher prices for Chinese products ranging from vacuum cleaners to technology gear such as home modems and routers, while U.S. goods targeted by Beijing include liquefied natural gas and certain types

China summoned the U.S. ambassador in Beijing and postponed joint military talks in protest against a U.S. decision to sanction a Chinese military agency and its director for buying Russian fighter jets and a surface-to-air missile system. Chinese Deputy Foreign Minister Zheng Zeguang summoned Ambassador Terry Branstad to lodge “stern representations”, the foreign ministry said.

Despite a difficult economic and political environment, the Somali authorities are building a good track record of policy and reform implementation. The authorities are completing the preparatory steps for the launch of the new national currency, a high priority in their reform agenda. An International Monetary Fund (IMF) staff team led by Mohamad H. Elhage