Business

Qatar ministry of foreign affairs meets Somalia’s minister

Ministry of Foreign Affairs’ Secretary-General Dr Ahmed bin Hassan al-Hammadi met yesterday with Somalia’s Minister of Planning, Investment and Economic Development Jamal Mohamed Hassan. During the meeting, they discussed bilateral relations and ways of developing them, in addition to matters of common concern $200m worth of projects in the fields of infrastructure, education, economic empowerment,

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Somalia, Norwegian Refugee Council sign contract of 2.7 Million to help people hit by the drought, water shortage

Mogadishu Minister of Finance of the Federal Republic of Somalia, H.E. Abdirahman Duale Beyle and Head of Norwegian Refugee Council in Somalia,Barnaba Asarg signed an agreement of 2.7 Million U.S dollars to help people affected by the droughts and Water shortage in Some parts in the country, I have received officials from Norwegian Refugee Council

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Erdogan’s Africa tour kicks off as he arrives in Sudan

President Recep Tayyip Erdoğan arrived in Sudan on Sunday marking the first time a Turkish president visited the country. Erdoğan was greeted at the Khartoum International Airport by his Sudanese counterpart Omar al-Bashir. Speaking to reporters at Esenboğa Airport in Ankara ahead of his Africa tour, Erdoğan said Turkey aims to further strengthen cooperation with

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Economic dialogue forum opens in kismayo

Kismayo Finance Minister of Somali Federal Government Hon. Abdirahman Du’ale Beyle opened discussion conference attended by finance deputy minister of the federal government, finance ministers of federal member states plus respective delegations invited by the ministry. The forum agendas include; Ways to unit system of taxes collection of the federal government and federal member states,

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IMF welcomes Somali’s Commitment of financial system

implementation under the Staff Monitored Program in a difficult environment. IMF staff supports the authorities’ corrective measures to prevent a shortfall in domestic reIMF welcomes the Somali authorities’ strong commitment to policy and reform venue and improve domestic revenue mobilization. An International Monetary Fund team led by Mohamad Elhage visited Nairobi, Kenya during December to

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Somali’s President Attends The African Economic forum In Egypt.

The Africa economic development planning, interaction and investment forum of African countries opened at Sharma-sheikh in Egypt. Somali Federal Government Delegation led by H.E President Mohamed Abdullahi Mohamed Farmajo will contribute a good idea according to the economic opportunities in Somalia.The president and his delegation has been well received in Sharma-sheikh with Somali Embassy diplomats

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USA Development fund supports Somalis economy $ 300 million

The project which installs for the first time in over 30 years was signed by the Somali Gov’t and its US. partner , according to a statement by the US  reads. Somalia Prime Minister, Hassan Ali Kheire, ministers of Planning and Finance Gamal Mohamed and Abdirahman Dualeh Beileh, usa assistant Administrator for Africa  Julie Koenen and US Charge

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Somalia Signs Jeddah Amendment on Illicit Maritime Activity

Code of Conduct – the instrument developed and adopted by countries in the Western Indian Ocean and Gulf of Aden that has been a key factor in repressing piracy and armed robbery against ships operating in that region. The Amendment significantly broadened the scope of the Djibouti Code when it was adopted at a high-level

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Somali Finance Minister meets Representative from the World Bank

Mogadishu-Finance Minister of the Federal Government of Somalia, His excellence Abdirahan Du’ale Bayle met representative, Mr. Hugh Riddell from the World Bank today in his office, . Both officials have deeply discussed budgeting and aid of the Federal Government of Somalia on 2018 and they have agreed all the matters discussed during their especial meeting

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Qatar Development Fund supports Somalis economy

H E Khalifa bin Jassem Al Kuwari, Director General of the Qatar Development Fund and H E Jamal Mohammed Hassan, Minister of Planning, Investment and Economic Development, representing the Somali government, signing the agreement. The Qatar Development Fund  has pledged to support the Somalis economy through a package of $200m worth of projects in the

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