Tuesday, October 16, 2018

Dubai’s DP World to develop free zone in Somaliland

Dubai-based DP World announced on Monday that it will develop a greenfield economic free zone in Somaliland to complement the development of the Port...

US banks criticised for banning Somalis from sending money home

  Non-governmental organisations are warning of a financial crisis in Somalia after banks in the United States halted money transfers to the country ravaged by...

Dahabshiil CEO tips African entrepreneurs to gain from US Africa partnership

Young African entrepreneurs stand to gain more from the continued business partnerships between the United States and Africa. The just concluded US-African business Forum in...

Bank seeks to raise $10 mln via share sale in war-torn Somalia

International Bank of Somalia (IBS), one of only a handful of commercial banks operating in the war-torn country, wants to raise $10 million in...

Kenya Cancels Somalia Flights

Kenya government has cancelled daily flights to Somalia for undisclosed time, a source in Kenyan capital Nairobi has confirmed to Radio Dalsan. It is not...

UK Bankruptcy rules to change, Business Minister announces

 There’s good news for people struggling in debt - the minimum amount for which you can be forced into bankruptcy is being raised from...

Ethiopia: ENDF Deploys Additional Troops to Protect Oil Fields In Somali Region

The Ethiopia’s Ministry of Defence has deployed additional troops in Shelabo area in eastern part of the country in an attempt to defend the recently...

East Africa: How an Ethiopia-Backed Port Is Changing Power Dynamics in the Horn of...

When Eritrea gained its independence from Ethiopia in 1993, Ethiopia became landlocked and therefore dependent on its neighbours - especially Djibouti - for access...

Ethiopian Airlines to Buy 15 to 20 Boeing 777X Jetliners, CEO Says

Carrier also considered Airbus’s A350-1000 widebody but deemed Boeing plane better suited its operations Ethiopian Airlines plans to place an order for Boeing Co. 777X...

United States loses sparkle as Europe shows signs of hope

Investors will cast a wary eye on the latest gauges of the United States' economic health this week, while troubled Europe shows early signs...

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eDahab transforms financial system, promotes market efficiency

On the dusty streets of Somaliland's capital Hargeisa, Mohammed Ahmed Ismail is arranging paper money in his tidy, waiting for clients who wish to...

KDF to leave Somalia once Al Shabaab threat is eliminated – Uhuru

President Uhuru Kenyatta (Sunday) announced that Kenya will not pull its soldiers out of Somalia until the troubled country achieves peace, stability and security. The...
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Somaliland opposition parties criticize President Bihi for propagating injustice

Somaliland opposition parties lashed out at the incumbent government and the leadership of His Excellency Musa Bihi Abdi for propagating hurtful injustice rather than...