The Federal Government of Somalia is launching an ambitious Drylands Development Project in three regions of the country. Funded by the Islamic Development Bank, the Ministry of Finance led by Dr Abdirahman Beileh has singled out three districts whose farmers will benefit from modern irrigation and pasture rehabilitation programs. The project consists of new canals,... Continue Reading →
IBS Bank has become the first bank in East Africa to launch the prestigious World Elite Mastercard, which is the highest category of Mastercards and places Somalia in a good position to rebuild its financial sector. "It was a great moment of celebration in the banking industry in Somalia and for IBS Bank," said the... Continue Reading →
QTerminals has announced it has started a new weekly service; the 'Mogadishu Express', which will be a direct maritime link between Qatar and Somalia. In a post on social media on Monday, QTerminals said the service will call on the Ports of Mogadishu and Kismayo in Somalia and facilitates direct trade between the two countries... Continue Reading →
