Business

Prime Minister Roble meets with Qatar envoy Al-Qahtani

Photo/Somali Times The Prime Minister of the Federal Republic of Somalia Mohamed Hussein Roble met with the Qatar envoy Dr. Mutlaq Al-Qahtani in Mogadishu. Prime Minister Roble and Dr Al-Qahtani discussed political differences between the central government and the federal state leaders, promising that the Qatari government would stand by a joint election. Dr. Mutlaq

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Kenya most expensive in East Africa in mobile internet affordability index

By Faustine Ngila You are now paying twice as much for mobile internet compared to last year, according to the latest report by British technology research firm Cable. The report, Worldwide Mobile Data Pricing 2021, discloses that Kenyans are paying Sh244 per every one gigabyte of mobile data, compared to Sh112 in 2020, on average.

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Turkey’s exports hit $50B in Q1

Export-import coverage ratio at 81.9% in January-March period, according to TurkStat data Turkey’s exports increased 17.2% on an annual basis to reach $50 billion in the first quarter of 2021, the country’s statistical authority said on Friday. Imports during the January to March period were up 9.6% to reach $61.2 billion, leaving the foreign trade

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Partner in failed Saudi takeover bid of Newcastle football club is major Tory donor

Newcastle United football club badge, 23 March 2019 [Kelly McClay/Flickr] As allegations of cronyism continue to bog down the ruling Conservative party, it’s now emerged that a co-investors in the Saudi-led consortium behind last year’s failed takeover bid of Newcastle United Football Club is a major Tory donor and a friend of Prime Minister Boris

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Exclusive Major Chinese investors in talks to take Aramco stake -sources

General view of Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File Photo By Kane Wu, Alex Lawler, Tom Arnold Major Chinese investors are in talks to buy a stake in Saudi Aramco several sources told Reuters on Wednesday, as Saudi Arabia’s state oil firm prepares to

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Blinken: US to help Kenya, Africa boost trade, security, health, youth programmes

US Secretary of State Antony Blinken who made a virtual trip to Kenya and Nigeria on Tuesday, April 27, 2021. Jacquelyn Martin | Pool | AFP By Antony Blinken United States Secretary of State Antony Blinken made a virtual trip to Kenya and Nigeria on Tuesday, April 27, 2021. He held talks with presidents Uhuru

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Samsung’s Lee family to pay more than $10.8 bln inheritance tax

Samsung Group Chairman Lee Kun-hee reacts during a news conference regarding his resignation at the company’s headquarters in Seoul April 22, 2008.REUTERS/Jo Yong-Hak/File Photo/File Photo By Reuters, Joyce Lee, Heekyong Yang The family of late Samsung Electronics Co Ltd Chairman Lee Kun-hee said on Wednesday they will pay over 12 trillion won ($10.8 billion) in

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UK watchdog steps up probe into Johnson’s apartment refurb

Britain’s Prime Minister Boris Johnson visits Llandudno in Wales, Monday April 26, 2021, as he campaigns on behalf of the Conservative Party for local elections. (Phil Noble/Pool via AP) LONDON (AP) — Britain’s Electoral Commission, which regulates political finance in the U.K, is launching a formal investigation of the refurbishment of Prime Minister Boris Johnson’s

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Tesla posts $438M 1Q profit on strong electric vehicle sales

File – In this Monday, April 5, 2021 file photo, a Tesla electric vehicle charges at a station in Topeka, Kan. With strong sales of its electric cars and SUVs, Tesla on Monday, April 26, 2021 posted its seventh-straight profitable quarter. (AP Photo/Orlin Wagner) By TOM KRISHER DETROIT (AP) — Charged up by strong sales

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Asian shares wobble ahead of Fed outcome and earnings

A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-Hoon By Stanley White Asian shares fell and U.S. stock futures were steady on Tuesday as caution ahead of a U.S. Federal Reserve meeting and a slew of corporate earnings offset growing optimism about the global economic

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