Friday, December 6, 2019

US congressman described the Merchants Bank Accounts Closures decision as “catastrophic”

The U.S. fears that the Hawala Finacial funds are being channelled to Al-Shabaab militant supporters in Somaliland, Somalia and Kenya. The officials from The Merchants...

Karisma Kapoor inaugurates Al Adil’s first outlet in India

The actress inaugurated Masala King Supermarket in Kharghar Karisma Kapoor and Dr Dhananjay Datar at the opening ceremony of Al Adil’s first outlet in...

China cuts rate to stem growth slide

Central bank injects fresh $96b into economy China’s central bank made a system-wide cut to bank reserve requirements (RRR) on Wednesday, the first time it...

U.S. Bank Ending of Somali Money Transfers to Have “Catastrophic” Impact

A decision by a U.S. bank to stop doing business with companies that transfer money from Somalis living in the United States to families...

Emirates NBD bank branch torched in Egypt + Video

The Giza Resistance Force warned that similar attacks will be carried out in countries that support the new government in Egypt. https://www.youtube.com/watch?v=tKyMGwTIpjU A video footage showing...

Africa loses $60bn annually through illicit finance flow

Capital flight from Africa continues to be a major thorn in the continent's side following a new progress report that says up to $60...

Deficit predicted for global sugar industry

Prices dropped almost 12 per cent last year as the global glut pushed prices to the lowest since 2008. Jonathan Kingsman, Jamal Al Ghurair...

MERCHANTS BANK OF CALIFORNIA : ” FINANCIAL ACCOUNTS FOR THE SOMALI REMITTANCE COMPANIES WILL...

Washington  – Somali-Americans could find it much harder to send money back home to friends and family after next week. Merchants Bank of California, which...

Kenya team woos leather investors in Turkey

A government delegation is in Turkey as part of an ongoing campaign to woo investors into the local leather industry. Industrialisation Cabinet Secretary Adan Mohammed...

Amazon to offer business email, taking on Microsoft

  WASHINGTON: US online giant Amazon announced plans Wednesday to offer a cloud-based email and calendar service to directly compete with Microsoft Outlook and others. The service...

Latest article

UN Warns of Storm Across Somaliland Republic, Puntland

The storm, now centered in the north Indian Ocean near the coast of Somalia’s semi-autonomous region of Puntland, is expected to intensify and move...
video

Somaliland: The Consultative Forum Files Case Against Upper House at High Court

A self-styled group of former statesmen and elders called the Somaliland Consultative Forum 'Madasha Wadatashiga', Wednesday, filed a case against the upper house of...
video

Somaliland: Buhoodle Army Units Vow to Round Up Insurgents in Area

The Commanders of the Somaliland army in the Buuhoodle district ruled out any insurgence or new anti-Somaliland militias establishing bases in the area. Speaking to...