Business

Museveni invites Egypt’s president to visit the source of the Nile

Uganda’s president Yoweri Museveni has invited his Egyptian counterpart to visit the source of the Nile in the East African nation.River Nile, which is the world’s longest river flowing through ten countries in Northeastern Africa, is the source of constant friction among these nations which rely on it to sustain agriculture, energy and development needs.Egypt

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Ethiopia: Saudi delegation seeks to explore various options to invest in areas of agriculture and livestock

The Ethiopian State Minister, Dr Aklilu Hailemichael held discussions with Saudi business delegation The business delegation seeks to explore various options to invest in areas of agriculture and livestock rearing. The delegation has already made visits to two locations in Ethiopia, both of which were close to the Ethio-Djibouti border. They appreciated the ease of

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Somali Government and EU Sign Agreement Important.

Mogadishu  – The Prime Minister of Somalia HE Hassan Ali Kheyre, details of the trip to Brussels and Results pace with the heads of various different conference  speaking to the  country. He said that they have entered into a number of important agreements for the Somali government and the European Union. Prime Minister stated that

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Somali Prime Minister meets with traders in Istanbul, Turkey

Somalia’s markets as the country is recovering from two decades of civil war.“The two countries share historic relation bonds. We welcome Turkish traders to invest in Somalia’s lucrative markets and to strength the existing commerce between the countries,” said Mr. Kheire. He said the two countries will convene regular meetings to follow up on the

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Africa and Japan in Economic Cooperation Conference in Johannesburg

Johannesburg- Somali Times  South Africa, Johannesburg  Africa’s economic cooperation  Conference Africa and Japan. The meeting was attended by the President of South Africa, Criral Ramaphosa, Ministers of the African States, including Japan, Ministers of Japan, heads of international organizations, Business associates Japan and the African countries and invited guests to different meetings. The purpose of

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UN envoy calls for more investment in Somalia’s renewable energy sources

Mogadishu- The top United Nations official in Somalia today highlighted the challenges and potential of the country’s energy sector, while appealing to investors to support its development of renewable energy sources. The UN Secretary-General’s Special Representative for Somalia, Mr Michael Keating, made the call during a visit to the Enee thermal power-generating plant in the

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Qatar Airways acknowledge the huge loss of financial resources

Qatar Airways was the first to admit that it has suffered a major setback in the sanctions imposed by Saudi Arabia and the United Arab Emirates. Qatar Airways has lost its flight to 18 cities in Saudi Arabia, the UAE, Egypt and Bahrain, after the countries banned Qatar in the mid-last year. Qatar Airways CEO

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Somalia, Turkey discusses strengthening relations between the two countries

Mogadishu-Foreign and International Affairs Minister for Somalia Mr. Ahmed Isse Awad Turkish ambassador to Somalia Mr. Olgan Bekar, discussed ways to strengthen bilateral cooperation. The meeting at the Somali Foreign Ministry in Mogadishu was attended by the Turkish Government to provide support to Somalia. During the meeting, the two sides exchanged views on issues of

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President Mohamed Receives Credentials From Qatar’s Ambassador to Somalia

Mogadishu  – The President of the Federal Republic of Somalia, HE Mohamed Abdullahi Mohamed, today welcomed Qatar ambassador HE Hassan Hamza Asad Ambassador  Hamza paid tribute to the President of Qatar Sheikh Hamid bin Hamad bin Khalifa al-Thani, saying his ambassador to Somalia will continue to strengthen the relationship between the two countries. The president

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Somali Finance Minister World Bank and IMF are satisfied with the financial management system

Washington -The Federal Government of Somalia. Finance minister Mr Abdirahman Duale Beyle, who is attending the conference to discuss the situation  debt Somalia in Washington DC expressed hope that  better emerge from the meeting. Minister Beyle held separate meetings with the World Bank’s governing body, the IMF and other stakeholders, said they were satisfied with

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