Business & Economy
Piracy incidents have risen in Somali waters, with several vessels being targeted in recent months. The surge in attacks has led to the hijacking of fishing vessels and a dhow, along with the abduction of 26 crew members.…
The construction of Garacad Port in Puntland aims to establish a major trading hub while…
Puntland has made significant progress in economic development in recent years, including increased foreign investment…
Recent developments in Somalia and the Horn of Africa have heightened security threats in the…
Turkey will begin offshore oil exploration off the coast of Somalia in 2025, with an…
Despite poverty, unemployment, and political instability, Somalia’s economic development is seen to increase in 2024.…
One country on the list of the poorest countries in the world is Somalia, where…