Business

UK defence secretary meets with Somali President

The President of Somalia, Mohamed Abdullahi Mohamed, the Minister of Defense of the Somali Republic and the Chief of Defense Forces, met with the Special Representative of the Secretary-General for Somalia today. These meetings have been linked to the military and the UK’s involvement in the extension of military support to Somalia. Somalia’s President Mohamed

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Somalia, Eritrea mend ties as change sweeps Horn of Africa

The presidents of Somalia and Eritrea on Monday signed an agreement to establish diplomatic ties after over a decade of animosity, in the latest lightning rapprochement between Horn of Africa rivals. Somali President Mohamed Abdullahi Mohamed’s three-day visit to Asmara coincides with an extraordinary peace process between Eritrea and Ethiopia — part of the dizzying

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Somalia-China Friendship Association founded

Mogadishu-Somalia-China Friendship Association was on Saturday established after a very colour ceremony on the foundation of this association held in the capital Mogadishu, in attendance with Somali Government officials, Chinese Ambassador to Somalia, youth and Students. Chinese Ambassador to Somalia, H.E. Qin Jian delivered the flowing key speech at the ceremony It’s a great pleasure

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The President of Somalia warmly welcomed in Asmara

The President of the Federal Republic of Somalia,  Mohamed Abdullahi Mohamed and his delegation arrived in Asmara, the capital of Eritrea. The president and his delegation have welcomed President Asmus Afwerki and other officials at the Asmara International Airport. Asmara’s reds are on the Somali flag, due to the visit of the president and his

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Somali President travel to, Eritrea for a state visit

Mogadishu- President of the Federal Republic of Somalia, H.E. Mohamed Abdullahi Mohamed together with a delegation has on Saturday travelled to Asmara, the capital of Eritrea after receiving an official invitation from Eritrean State leadership, Eritrea’s information minister announced the three-day visit of Somali President Mohamed Abdullahi Mohamed on Twitter, saying it comes at the

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Somali foreign minister receives Qatar’s Ambassador in Somalia

Mogadishu–Minister of Foreign Affairs and International Cooperation, Mr Ahmed Issa Awad was received by his Excellency Mr Hassan bin Hamza bin Asad Hashim, the State Minister for Foreign Affairs of the Federal Republic of Somalia. Qatari envoy conveyed greetings from his minister on Mr Ahmed Awad, while Somali Minister of Foreign Affairs sent his greetings

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Turkey’s benchmark stock index rises 3.5 pct at close

Ankara–Turkey’s benchmark stock index closed Wednesday up 3.51 per cent at 95,368.59 points with a total trading volume of around 11.3 billion Turkish liras ($2.3 billion). BIST 100 index surges more than 3,200 points from the previous close Borsa Istanbul’s BIST 100 index ended the day with a 3,234.78-point hike from Tuesday’s close at 92,133.82

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China, Rwanda strengthen bilateral ties

Ankara–China and Rwanda strengthened bilateral relations by signing 15 agreements during Chinese President Xi Jinping’s official visit to the east African country’s capital on Monday. Rwandan President Paul Kagame received his Chinese counterpart in Kigali. 15 agreements signed during the official visit of the Chinese president to Rwandan capital Kigali At a joint press conference,

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Kenya loses UK market share to Rwanda, Dar

Kenya must raise production standards and up its marketing to counter similar efforts by its neighbours racing for a pie of the United Kingdom (UK) market, latest trade and investment report states. According to the latest study by the Overseas Development Institute (ODI) exports to the UK from the rest of the world have risen

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Turkey’s economic outlook promising, Treasury and Finance Minister Albayrak says

Turkey is continuing its strong economic growth trend and the foundations of its economy are strong, Treasury and Finance Minister Berat Albayrak said Sunday. Albayrak, who is in Argentina for a G20 meeting, was quoted by Anadolu Agency (AA) as saying the government’s recent policies were aimed at maintaining prudent fiscal policies, seeing healthy credit

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