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Amazon founder Jeff Bezos – briefly – becomes world’s richest man

Share price jump of 40% in 2017 made founder worth $91bn – for a short while leapfrogging the fortune of Microsoft founder Bill Gates The founder of Amazon, Jeff Bezos briefly overtook Microsoft’s Bill Gates to become the world’s richest person. Bezos leapfrogged Gates, who has...

China, Saudi Arabia strengthen partnership on energy, defence

Saudi Crown Prince Mohammed bin Salman and Chinese President Xi Jinping in Riyadh, Saudi Arabia [Saudi Press Agency/Reuters]
By: ALJAZEERA Saudi Arabia and China reaffirmed their cooperation on global oil markets and the principle of non-interference in internal affairs during Chinese President Xi Jinping’s visit, which was aimed at deepening strategic relations, at a time when...

Ethiopia Eyes Export Income Surpassing $5 Billion As Coffee, Gold Prices Increase

Ethiopia Eyes Export Income Surpassing $5 Billion As Coffee, Gold Prices Increase
By: New Business Ethiopia During the current budget year started July 8, 2022, the Government of Ethiopia expects increase of annual commodity export income by 30 percent reaching $5.4 billion mainly as a result of increasing global prices...

Mastercard Launches Classic and Platinum Debit Cards in Partnership with Amal Bank

Mastercard
This will grant Amal Bank’s customers access to MasterCard’s global payment services, along with the bank’s enhanced service availability and convenience.Customers will be able to leverage Mastercard’s global footprint and Amal Bank’s National footprint. Somalia, 12 September 2023: Mastercard is launching Classic and Platinum Debit...

Twitter denies rumors of shutting down in 2017

Twitter Inc denied on Thursday rumors that the social media messaging service will be shutting down in 2017, denouncing the claim as groundless. "There is absolutely no truth to the claims whatsoever," a spokesman for Twitter said in an emailed response to a Reuters request...

The biggest smartphone maker in China has made one of the best affordable phones you can buy

Huwei Honor:-Smartphones’ lines are blurring. Over the course of 2016, phones like the OnePlus 3, ZTE Axon 7, and iPhone SE have all shown that you don’t need to pay more than $400 to get something high-end. The Galaxy Notes and (larger) iPhones of the...

25 US Mega Corporations: Where They Rank If They Were Countries

World Economic:-If Wal-Mart were a country, its revenues would make it on par with the GDP of the 25th largest economy in the world by, surpassing 157 smaller countries. We've found 25 major American corporations whose 2010 revenues surpass the 2010 Gross Domestic Product of...

South Korea car firm Hyundai introduced eight models in Somaliland

A Hyundai car. The South Korea car manufacturer has introduced eight models in Somaliland. PHOTO | FILE
By:DAILY NATION South Korea car manufacturer Hyundai has entered into the Somaliland market. Hyundai has launched a series of models in Somaliland capital Hargeisa after partnering with Dahabshiil Motors to introduce the brand new vehicles in the Horn of Africa country. By venturing into Somaliland, Hyundai joins...

Zambian president says relations with China mutually beneficial

Zambia President Edgar Lungu with his Chinese counterpart Xi Jinping (Courtesy)
Zambian President Edgar Lungu said on Friday that the country's relations with China are mutually beneficial and no malicious propaganda will break the friendship. Lungu made the remarks while opening the third session of the 12th National Assembly. "Our friendship with China is mutual and no...

Hope as talks over miraa exports from Kenya to Somaliland begin

HORNDIPLOMAT-An initiative to reduce the duty imposed on miraa from Kenya by Somaliland is being well received by potential voters in the Nyambene region of Meru County, a good number who draw their income from the sale of that crop. Last week, Meru Governor Peter...