Business

Somali Prime Minister Khaire inspects Mogadishu Port

Mogadishu – The Prime Minister of the Federal Government of Somalia His Excellency Hassan Ali Khaire today inspects Mogadishu Port. The prime minister, who oversees the different parts of the port, urged the management of the port, the command of the police and the new head of the port taxes to increase the work and

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French energy giant Total officially quits South Pars gas project in Iran after US sanctions

Iran’s oil minister said on Monday that French energy giant Total has officially quit its multi-billion-dollar gas project in Iran after the United States threatened to impose sanctions on companies that do business in the country, Iranian state TV reported. “Total has officially left the agreement for the development of phase 11 of South Pars

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Sierra Leone: Chinese vessel caught illegally fishing

The west African nation loses some $50M annually to illegal, unreported, and unregulated fishing, according to World Bank. A Chinese fishing vessel has been caught fishing illegally in the territorial waters of Sierra Leone, off the West African coast. Commodore Sallieu Kanu, the head of Sierra Leone’s navy, said the boat was first intercepted on

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Turkey and France agree to work together against US economic moves

Turkish Finance Minister Berat Albayrak and his French counterpart Bruno Le Maire spoke by phone on Friday and discussed U.S. sanctions steps against Turkey, agreeing to act together in response to such moves, the Turkish ministry said. The statement said that the two ministers decided to work closely to develop cooperation between Turkey and France

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Canadian Rental Rates Soar In Half Of Largest Cities: PadMapper Report

Rental rates are soaring in half of Canada’s largest cities, according to new data from PadMapper.According to the site’s August rent report looking at Canada’s 26 largest cities, 13 cities saw median one-bedroom rents increase over the last month: Toronto, Burnaby, B.C., Montreal, Ottawa, Kingston, Ont., Oshawa, Ont., Hamilton, Ont. Halifax, Abbotsford, B.C., Quebec City,

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No rivalry among stakeholders in Somalia: Turkey

Turkish ambassador to Somalia says the country played important role in reviving Somalia after 1991 civil war Turkey is not in competition with any other country in trying to resolve the conflicts in Somalia, according to the Turkish ambassador to Mogadishu. “We have never been in competition with any actors in Somalia… Turkey has gained

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Somali government to register foreign nationals in the country

The Federal Government of Somalia has determined that statistical data will be made available to the foreign nationals in the country to monitor the activities carried out in the country in line with the and immigration procedures in the world. The decision to count the number of foreigners came from the meeting of the Somali

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Somalia, Djiboutian leaders discuss strengthening of bilateral ties

The President of the Federal Republic of Somalia, HE Mohamed Abdullahi Mohamed and a delegation led by President of the Federal Republic of Somalia, arrived in Djibouti on a two-day official visit. The President of the Republic of Djibouti, Ismail Guelleh, has met with the President of the Federal Republic of Somalia, HE Mohamed Abdullahi

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Turkey slaps retaliatory tariff hikes on US-made goods worth $553M

In a retaliatory move against economic attacks spearheaded by the U.S. administration, Turkey has raised import tariffs on a number of goods imported from its Nato O ally Turkey doubled tariffs on several U.S. products, including alcohol and tobacco products and cars, according to a new presidential decree published in the official gazette Wednesday. Under

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Turkey to boycott US electronic products, Erdoğan says

President Recep Tayyip Erdoğan said Tuesday that Turkey will impose a boycott against U.S. electronic products amid an ongoing and deepening rift between the two Nato allies over a number of issues. Speaking at a symposium organized by the Foundation for Political, Economic and Social Research (SETA) in the capital Ankara on the 17th foundation

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