Browsing Tag

Agreement

Somalia Clinches $257 Million Debt Relief Agreement with Abu Dhabi Development Fund

Mogadishu (AX) – In a move as monumental as it is symbolic, the Somali government has resolved a debt dispute with the Abu Dhabi Development Fund (ADFD) originating from the ill-fated Juba Sugar Factory project. This triumph sees $257 million etched off the slate, an encouraging milestone in Somalia's ambitious economic revival plan. Amid the opulence of Dubai and the stimulating atmosphere of the World Government Summit, a simple yet momentous act took place. Somalia’s Finance Minister, Bihi Iman Igeh, alongside ADFD’s…

PGA Tour Indicates Progress on LIV Agreement Following Discussions with President Trump

The leadership of former President Donald Trump has reportedly narrowed the gap in golf’s ongoing civil strife, as the PGA Tour suggests. In a significant development, PGA Tour Commissioner Jay Monahan and player representative Adam Scott engaged in discussions with Trump on Tuesday, seeking a pathway toward a resolution involving the US-based circuit, the DP World Tour, and Saudi Arabia’s Public Investment Fund, the financial powerhouse behind LIV Golf. Discussions have been in progress since a framework agreement was…

North Western State of Somalia Closes Major Livestock Hub Amid Export Agreement Dispute with Somalia

Hargeisa (AX) — In a recent drama unfolding in North Western State of Somalia, the government has pulled the plug on the operating license of a pivotal livestock inspection facility in Berbera. The decision, fueled by allegations against its Arab proprietor, Abu Yaasir, claims he inked an unsanctioned pact with the Somali federal government. It’s a maneuver perceived as jeopardizing the lifeline of North Western State of Somalia's thriving livestock export sector. Does one ever pause to reflect on how a single decision can…

Egypt and Somalia Strengthen 2024 Military Agreement, Deepen Relations Amid Rising Tensions with Ethiopia

CAIRO - Egypt and Somalia have enthusiastically rolled up their sleeves, set to activate a long-anticipated military accord inked in 2024. Curious as to why? Well, these interesting developments seem likely to raise eyebrows over in Ethiopia. You see, a significant discussion hovers over the colossal Grand Renaissance Dam, a construction project that's become quite the bone of contention between Ethiopia and Cairo. Presidents Hassan Sheikh Mohamud of Somalia and Abdel Fattah al-Sisi of Egypt recently put pen to paper on…

Israel Releases 90 Palestinian Inmates as Part of Ceasefire Agreement

In a significant move towards peace, Israel has released 90 Palestinian prisoners, marking the culmination of the first prisoner exchange under a long-awaited truce. This came after Hamas returned three Israeli hostages, providing a glimmer of hope after over 15 arduous months of conflict in Gaza. The Israel Prison Service confirmed the overnight release, and the initial reactions were electrifying. In Beitunia, close to Ofer prison, euphoric crowds erupted in celebration, their chants echoing through the air as the buses…

Israeli Officials Approve Agreement for Ceasefire in Gaza

In a pivotal move, Israel's government has greenlit a ceasefire agreement with Hamas, signaling a tentative step toward peace in the long-embattled Gaza Strip. Prime Minister Benjamin Netanyahu's office confirmed this development just a day before the truce is set to take effect. After a marathon meeting lasting over six hours, the Israeli cabinet ratified an accord that could finally put an end to a relentless 15-month war in the Palestinian enclave under Hamas control. The atmosphere was thick with tension, but there was…

Explore: How Does a Hostage Negotiation Differ from a Ceasefire Agreement?

This afternoon, the Israeli government is poised to finalize a significant agreement that could usher in a ceasefire in Gaza, set to take effect this Sunday. In the narrative woven by the Israeli government and echoed in the country’s media, this deal is predominantly labeled a "hostage arrangement." It is a term that has not only penetrated the official discourse but has also deeply infused itself into the everyday language of most Israelis. This consistent framing has fostered a narrow perception that this agreement is…

Israeli Airstrikes on Gaza Shatter Hopes for Ceasefire Agreement

In a cruel twist of fate, the jubilation that filled the streets of Gaza in response to news of a ceasefire quickly dissipated into despair as the dawn revealed yet another grim reality—a relentless barrage of Israeli air strikes transformed hopeful celebrations into haunting memories. The air, thick with dust and sorrow, was a stark reminder that peace remains elusive. "We were all eagerly anticipating the truce; it felt like the first glimmer of hope since October 7," recounted Saeed Alloush, a resident of Gaza,…

Israeli Government Set to Discuss Ceasefire Following PM’s Confirmation of Hostage Agreement Completion

As the sun sets on yet another tumultuous week, all eyes are on Israel’s security cabinet, which convened to finalize the particulars of a ceasefire in Gaza, a move that has cast a glimmer of hope amid the tragedy. Prime Minister Benjamin Netanyahu's office expressed optimism, stating that the United States is “confident” that both a truce and a deal for hostage exchanges would kick off this weekend, should the cabinet give the green light. If the thumbs up is given, we could see this ceasefire taking root on Sunday—an…

African Union Applauds Summit Between Somali and Ethiopian Leaders After Ankara Agreement

In the ever-evolving landscape of international diplomacy, few stories capture the essence of persistence and collaboration quite like the tale of Ethiopia and Somalia's rapprochement. This journey toward reconciliation, marked by the Ankara Declaration, has all the elements of a gripping drama with a cast of influential characters set against the backdrop of regional power dynamics. Let’s rewind to last December when the bustling city of Ankara took center stage—as polished Turkish officials buzzed around the opulent rooms…

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