Sunday, August 19, 2018

Ethiopia: Court to Hear Witnesses on 5m Br Suit against Xpress Money, Abyssinia Bank

Bank of Abyssinia was sued as a second defendant for posting the pictures in all of its branches across the country The Lideta Federal High...

IMF nations point to exchange rate, geopolitical risks

The International Monetary Fund's member nations on Saturday warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they...

Seattle Mayor Murray proposes joint resolution with City Council to find solutions to Somali...

Mayor Ed Murray transmitted a proposed joint resolution to Seattle’s City Council affirming the City’s support of Somali communities who seek to care for...

Posh Hospitality Facility Opens at Dahabshil Business Centre

The Somaliland Hospitality Industry is home to a new posh facility dubbed Damal Hotel. Occupying the three upper...

Nokia agrees to pay €15.6 billion for French rival Alcatel-Lucent

Nokia confirmed Wednesday it is acquiring the ailing French telecom company Alcatel-Lucent through a public exchange offer in France and the United States, in...

NGOs critical of Kenya cutting cash transfers to Somalia

A group of nongovernmental organizations have come out against a decision by the Kenyan government to close accounts with money transfer operators in Somalia...

Why India bails out its workers from Yemen and other war situations: Remittance lolly

If you are wondering why the Government of India expends so much time and resources to rescue its emigrants from crisis- and war situations...

Dahabshiil Appeals Kenyan Suspension of Money-Transfer Services

Dahabshiil, which says it’s the biggest Africa-based money-transfer business, appealed Kenya’s suspension of its operations and rejected allegations it finances “terrorist organizations.” The Dubai-based company...

US investors eyeing Iran’s stock market

Mohammad Fetanat, the president of the Securities and Exchange Organization of Iran (SEO), said contacts from US companies were made immediately after Iran and...

Dubai firm appeals Kenyan suspension on terror funding claim

A Dubai-based money transfer business operating in Africa has reportedly appealed against a suspension imposed by the Kenyangovernment over alleged financing of terrorist organisations. Dahabshiil...

Latest article

Zakia Hussein: Somalia’s First General and Deputy Police Commander

Somali President Abdullahi ‘Farmajo’ Mohamed, has appointed Zakia Hussein to the position of general and deputy chief of the Somali Police Force. Zakia becomes the first...

Chief Guterres Says UN Budget Is In Deficit, Warns of Consequences

Letter sent to member states by António Guterres reveals $139m deficit in core budget António Guterres, the UN secretary general, has warned that the organisation...
video

Somaliland: PORT OF BERBERA RECEIVES NEW EQUIPMENT TO INCREASE CAPACITY – Press Statement

Somaliland economy to benefit from an increase in cargo volume and speed of operations Global trade enabler DP World has expanded its strategic presence at the Port...