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Tag Archives: Somalia

DNO ups stake in Faroe Petroleum

DNO ASA, the Norwegian oil and gas operator, announced last night that it has acquired a further 3,744,203 shares in London-listed Faroe Petroleum plc at a price of £1.25 per share representing 1.02 per cent of the outstanding shares in the company. Together with two other recent transactions, also at …

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UAE disbands training mission in Somalia

The UAE has decided to disband its military training programme in Somalia which started in 2014 to build the capabilities of the Somali army. The decision comes in response to Somali security forces’ seizure of a UAE-registered civil aircraft at Mogadishu Airport and confiscation of money destined to pay the …

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Red Cross warns on mass hunger in Yemen, Somalia

GENEVA – There is a window of only three to four months to avert mass starvation in Yemen and Somalia, plagued by conflict and drought, the International Committee of the Red Cross (ICRC) said on Wednesday in an appeal for funding. More than 20 million people in four countries – …

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