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☆ Somalia joins east Africa trade bloc as it eyes new opportunities
▼ + stars: | 2023-11-24 | by ( Abdi Sheikh | ) www.reuters.com time to read: +2 min

MOGADISHU, Nov 24 (Reuters) - The East African Community trade bloc admitted Somalia as its eighth member on Friday, a move Somali authorities and businesses hope will boost the country's war-ravaged economy. "Somalia officially joins the East African Community, reinforcing ties and opening new doors for progress and partnership," Daud Aweis, Somalia's minister for information, culture and tourism said in a post on X, formerly Twitter. In turn the bloc's large population and existing customs union and common market are a draw for investors that Somalia can now tap into. Somali businesses said the country's vibrant private sector, which has overcome long odds to stay afloat, would bring a fresh injection of risk-tolerant entrepreneurs into the trade bloc and boost exchanges across the large Somali Diaspora. "It will be simpler for the large Somali Diaspora living across East Africa to access financial services and products," said Shuayb Haji Nur Mohamed, managing director of Salaam Somali Bank, one of Somalia's major banks.

Persons: Daud Aweis, al, Shuayb Haji Nur Mohamed, Hereward Holland, Elias Biryabarema, William Maclean Organizations: East African Community, EAC, Democratic, East African, Salaam Somali Bank, Thomson Locations: MOGADISHU, Somalia, Burundi, Democratic Republic of Congo, Kenya, Rwanda, South Sudan, Tanzania, Uganda, Al Qaeda, Shabaab, Mogadishu, al Shabaab, Somali, East Africa

☆ Somalia floods kill at least 31, UN warns of once-in-a-100-years event
▼ + stars: | 2023-11-12 | by ( ) www.cnbc.com time to read: +1 min

The United Nations flag waves during preparations for the UNGA 2023 at the United Nations headquarters on September 13, 2023 in New York City. Floods caused by torrential rainfall have killed at least 31 people in various parts of Somalia, authorities said Sunday. Since October, floods have displaced nearly half a million people and disrupted the lives of over 1.2 million people, Minister of Information Daud Aweis told reporters in the capital Mogadishu. They have also caused extensive damage to civilian infrastructure notably in the Gedo region of southern Somalia, he said. Floods are also affecting neighboring Kenya, where the death toll stood at 15 on Monday, according to the Kenya Red Cross.

Persons: Daud Aweis, OCHA Organizations: United Nations, Humanitarian Affairs, Kenya, Kenya Red Cross Locations: New York City, Somalia, Mogadishu, Gedo, Kenya, Kenya Red, Mombasa, Mandera

☆ McDonald's caught up in Israel-Hamas war as franchisees in the Middle East pledge aid to different sides
▼ + stars: | 2023-10-16 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

Last week, McDonald's Israel began donating meals daily to the Israel Defence Forces. Two days later, McDonald's Oman said it had donated $100,000 to help the people of Gaza. "We stand with Gaza in these difficult times," McDonald's Oman said in a statement posted on X, formerly known as Twitter. Meanwhile, McDonald's Israel said it will continue donating thousands of meals daily to "our forces across the country." As the two McDonald's franchise groups back different sides of the Israel-Hamas war, McDonald's Pakistan weighed in by distancing itself from McDonald's Israel.

Persons: McDonald's Israel, McDonald's, —, Al Daud, Benjamin Netanyahu Organizations: Israel Defence Forces, Service, McDonald's, SIZA Foods, . Ltd ., McDonald's Corp Locations: McDonald's Oman, Gaza, Israel, Oman, Pakistan, . Ltd . Pakistan, Chicago

☆ India's Aeroflex in talks to enter aerospace sector - executive
▼ + stars: | 2023-09-13 | by ( Hritam Mukherjee | ) www.reuters.com time to read: +2 min

BENGALURU, Sept 13 (Reuters) - India's Aeroflex Industries (AERO.NS), whose metal hoses are used in utilities, refineries and fire fighting equipment, is in talks to enter the aerospace sector, a top company executive said, aiming to capitalise on the country's burgeoning space program. "It is our aim that our products be a part of India's next space mission," Aeroflex Managing Director Asad Daud told Reuters in an interview last week. While HAL and BHEL are existing clients, the ongoing talks are a first for specific space-related projects, he said. Aeroflex expects its total revenue to increase by 35% in the next three to four years, with at least 5% coming from aerospace, Daud said. Aeroflex has three Chinese suppliers that, currently, meet 70%-75% of its needs for their coils.

Persons: Asad Daud, Daud, Aeroflex, Hritam Mukherjee, Dhanya Organizations: Aeroflex Industries, Reuters, Hindustan Aeronautics Ltd, HAL, Electricals, Indian Space Research Organisation, ISRO, Thomson Locations: BENGALURU, India, India's, China, Bengaluru

☆ Descoperire înfricoșătoare. În timp ce-și înmormânta copiii, un bărbat a descoperit că în sicrie sunt păpuşi
▼ + stars: | 2021-02-11 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

În timp ce-și înmormânta copiii, el a descoperit că în sicrie sunt .... păpuși. Bărbatul a chemat poliția." I-am adus în Daghestan să-i înmormântez, am luat pânza de pe ei și iată ce am descoperit. Aici sunt păpuși, pur și simplu păpuși. "Oamenii legii au stabilit însă că femeia care i-ar fi adus pe lume pe nou-născuți, de fapt, a inventat că este însărcinată, dar și moartea bebelușilor.

Persons: ., Daud Locations: Daghestan, Stavropol

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