Business

Qatar delegation arrives in Hobyo port investment

The Minister of Ports and Marine Transport of Somalia Mrs Maran Aweys Jama and a large delegation led by the Mayor of Hobyo in Mudug Region. The delegation, which includes officials from the Ministry of Foreign Affairs of Qatar, welcomed the delegation from the Galmudug State of Somalia and the community. The delegation is currently

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Somali Prime Minister receives Qatari delegation in Mogadishu

Mogadishu  Somali Times – The Prime Minister of the Federal Government of Somalia Mr. Hasan Ali khaire has received a high-level delegation from Qatar at his office in Mogadishu on Tuesday. A statement released by the office of Prime Minister, the two sides discussed a range of issues, mainly the bilateral relations and Qatari’s plans

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Somali Ministry of Agriculture announces new livestock exports to the Middle East

The Minister of Agriculture and Forestry Mr. Sheikh Nur Mohamed Hassan said the export of livestock to the country is good, and the ban on the export of livestock exported to Saudi Arabia is set to expire in 2016. Saudi Arabia and in most of Somalia export Livestock in September 2017 on restrictions on the

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Turkey’s exports exceed $12B in June

ISTANBUL -Turkey’s exports in June surged 5 percent year-on-year, the Turkish Exporters’ Assembly (TIM) announced on Sunday.Last month, the country’s exports totaled $12.6 billion while, for the January-June period, they amounted to nearly $82 billion — a 7.4 percent annual hike. TIM data showed that the 12-month overall exports rose 9.7 percent on a yearly

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Germany’s VW opens Rwanda’s first car-assembly plant

How to sell cars when most people can’t afford to buy one? That is the conundrum for Volkswagen in Rwanda, where it is opening the country’s first car-assembly plant. A new Polo costs 33 times the average Rwandan income. Most cars on the road are second-hand imports. Rwanda absorbs perhaps 3,000 new cars a year,

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Ethiopia to start extracting crude oil tomorrow

Ethiopia is to start extracting the first ever crude oil deposit from Ethio-Somali Region as of tomorrow, The Reporter learnt. It is to be recalled that back in March, 2018, Poly-GCL, a Chinese company engaged in oil and gas exploration and development project in the Ethio-Somali Regional State, has already discovered oil and natural gas

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Somali foreign minister meets the Emir of Kuwaiti

Kuwaiti – Emir of Kuwaiti and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah met here today with Minister of Foreign Affairs and International Cooperation of Somalia Mr Ahmed Awad, who is currently visiting the Kuwaiti capital of Kuwait. During the meeting, they reviewed aspects of the close bilateral relations between the two countries in all

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Prime Minister Khaire meets President Paul Kagame

Kigali Somali Times, The Federal Government of Somalia Prime Minister Hassan Ali Khaire agenda and visit concluded with a one day visit to Rwanda was in Kigali, capital of the country, met with the President of Rwanda African Union Commissioner Paul Kagame. Somali Prime Minister and Rwanda President discussed bilateral ties between the two countries

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Puntland is regarding corruption in the Ministry of Finance

Garowe – The Finance Minister of the Puntland administration Abdihakin Dhaqaje accused the general accountant of meeting Mr.Adan Muse of failing to spend nearly $ 100,000. The minister said the $ 99,000 was lost by the Finance Minister of the Puntland State of Somalia, who resigned yesterday. He said the minister needs to be accountable

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Somali Prime Minister says no deal reached with Ethiopia on Seaports

Somali Prime Minister, HE Hassan Ali Khaire rejected reports that President Mohamed has Sign agreement with Prime minister Abiy Ahmed an official trade agreement with its neighbouring Ethiopian government last Saturday. Speaking to the Somali community in Oslo, Norway, Prime Minister Khaire. Said that Mohamed and Abiy Ahmed have reached a memorandum of understanding on

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