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

European Union Brexit negotiator Michel Barnier said on Wednesday an agreement with Britain could be “within reach” next week, calling for decisive progress in the talks in time for a summit of all 28 EU leaders. Negotiators from both sides have been locked in talks this week to overcome differences on the biggest outstanding hurdle

Turkish President Recep Tayyip Erdogan called on African countries to trade and do joint businesses with Turkey using local currencies. “Let’s save our trade from risks posed by foreign currencies,” he said at the Turkey-Africa Economy and Business Forum in Istanbul on Wednesday. He underlined that they have to take steps to save their countries

At King Khalid International Airport, the Prime Minister was received by Prince Mohammed bin Abdulrahman bin Abdulaziz, Deputy Governor of Riyadh Region; Ahmed bin Abdulaziz Al-Qattan, Minister of State of the Foreign Ministry for African Countries’ Affairs; Eng. Tariq bin Abdulaziz Al-Faris, Mayor of Riyadh Region; Dr. Mohammed Khayat, Saudi Ambassador to Somalia; Major General

Mogadishu, Somalia and Germany have signed a two-year agreement to strengthen the strategic partnership between the two friendly countries to advance the country’s sustainable development programs. Minister of Foreign Affairs and International Cooperation, Mr. Ahmed Isse Awad, signed a two-year agreement with the Federal Republic of Germany in Somalia, Ms Annette Günther, at a briefing

The U.K. would be welcomed into the Trans-Pacific Partnership (TPP) “with open arms” after Brexit, Japanese Prime Minister Shinzo Abe said. Abe’s comments to Financial Times came just before the crucial few weeks that will shape a Brexit deal between the U.K. and the EU. He said Britain would lose its role as a gateway

Mogadishu- Somali Times Somali Prime Minister, HE Hassan Ali Khaire, welcomed the  UK Minister of State for Africa , Harriet Baldwin, to Mogadishu on her first mission. Prime Minister Khaire and minister The Right Honourable Harriett Baldwin discussed the relationship between the two governments, the political and economic gains and the support of the British government

Mogadishu- The Minister of Foreign Affairs and International Cooperation of the Federal Republic of Somalia, Mr Ahmed Isse Awad, received at his office in the Ministry a copy of the credentials of the new Ambassador of France to Somalia . Ms. Aline Kuster-Menager. Congratulating the Ambassador on her appointment. Minister Ahmed Awad expressed the hope

Saudi Arabian Crown Prince Mohammad bin Salman responded publicly to President Donald Trump’s recent spate of Tweets and statements concerning oil. While the President has been asking for Saudi Arabia to increase oil production to flood the market and keep prices down, the prince said no. This is a risk for Saudi Arabia, because Saudi

Britain and Germany signed a Joint Vision Statement on Friday to deepen the relationship between the two countries and boost defense cooperation, a government statement said. The new vision statement, signed in Berlin by British Defense Secretary Gavin Williamson and his German counterpart Ursula von der Leyen, will strengthen U.K.-German cooperation across a range of