Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Somalia Business Press.

Suicide bombardment murders 10 in Somalia
(MENAFN) A suicide bombing in Somalia's capital, Mogadishu, on Sunday claimed the lives of at least 10 people outside a military base. The attacker targeted a group of teenage recruits waiting to enlist at the Damanyo military facility....

Regional Powers Denounce Suicide Bombing in Somalia’s Capital
(MENAFN) Egypt, Qatar, and the United Arab Emirates have issued strong condemnations following a suicide bombing that occurred near a military installation in Mogadishu, the capital of Somalia, on Sunday. The Egyptian Foreign Ministry released a...

Arab countries denounced suicidal terrorist attack close to military location in Somalia
(MENAFN) Egypt, Qatar, as well as the United Arab Emirates (UAE) harshly criticized a suicidal terrorist attack that happened on Sunday close to a military location in the Somali capital Mogadishu. Egypt’s Foreign Ministry made a statement...

UN: Deadly Torrential Rains Batter Somalia, Claiming 9 Lives
(MENAFN) Fresh torrential rains have struck Somalia, this time hitting the Banadir region northeast of Mogadishu, resulting in the tragic deaths of nine individuals and causing destructive flooding that has impacted 24,000 people, according to the...

Russia, Somalia vow security collaboration
(MENAFN) Russia and Somalia have agreed to strengthen their cooperation in areas including security, politics, trade, and economics, according to a statement from the Russian Foreign Ministry on Sunday. The announcement followed discussions...

Somali Forces Eliminate Senior al-Shabab Commander
(MENAFN) Somali military forces successfully killed one of al-Shabab’s most sought-after senior commanders during a targeted mission in the Bakool region, located in southwestern Somalia, the nation’s Defense Ministry confirmed on Sunday. In an...

Somalia successfully kick-starts its WTO accession process
Somalia's Deputy Prime Minister Salah Ahmed Jama led the high-level delegation in Geneva. Several government officials from a wide range of ministries and agencies joined virtually from Mogadishu. Mr Jama said that Somalia's first Working Party...

Nairobi Forum Urges Long-Term Solutions to Migration Challenges in Somalia
(MENAFN) Policymakers, migration specialists, and regional stakeholders gathered in Nairobi, Kenya, on Sunday to discuss sustainable strategies to address the underlying causes of displacement and migration in the Horn of Africa. The Annual...

Training course on trade in services concludes in Geneva for WTO acceding governments
The governments represented were Azerbaijan, Bahamas, Belarus, Bhutan, Curaçao, Ethiopia, Iran, Iraq, Libya, Somalia, Turkmenistan and Uzbekistan. Participants received training on the GATS disciplines, including how to create schedules of...

Somaliland Pauses Talks with Somalia After Premier Visit to Las Anod
(MENAFN) Somaliland, the self-declared independent region in northern Somalia, declared on Wednesday that it is pausing diplomatic engagements with the federal Somali government. This move follows Somali Prime Minister Hamza Abdi Barre's visit to...

Border Patrol agents arrest illegal alien previously convicted of armed bank robbery
FORT COVINGTON, New York – U.S. Border Patrol agents from the Swanton Sector arrested Hassan Mohamed, 43, a Somali national, following a report from a concerned citizen near Fort Covington. Mohamed was previously convicted of armed bank robbery in...

U.S. aid halt deepens humanitarian crisis in Somalia's displacement camps
(MENAFN) In the arid landscape of Al-Hidaya camp, located on the outskirts of Mogadishu, mothers huddle outside their makeshift homes, using tattered pieces of fabric to shield their children from the unrelenting sun. These families, forced to...

Fifty Governments Stand Firm on the Drive for Economic Resilience
Rotterdam, the Netherlands, April 16, 2025 (GLOBE NEWSWIRE) -- The Global Center on Adaptation (GCA) today hosted an inaugural Ambassadors’ Forum galvanizing global support for accelerating adaptation at speed and at scale. The event, hosted at...

Pyxis Tankers Announces Financial Results for the Three Months and Year Ended December 31, 2024
Maroussi, Greece, March 13, 2025 – Pyxis Tankers Inc. (Nasdaq Cap Mkts: PXS), (the “Company” or “Pyxis Tankers”), an international shipping company, today announced unaudited results for the three months and year ended December 31, 2024. For the...

4th Trade for Peace Week opens with high-level session on private sector’s role in stability
The opening session, titled “Building Resilience through Trade: Private Sector Engagement for Sustainable Peace”, highlighted the private sector's capacity to drive post-conflict economic recovery and long-term stability. WTO Director-General...

UNSOS Head Passes Away After Illness
(MENAFN) Aisa Kirabo Kacyira, the head of the United Nations Support Office in Somalia (UNSOS) and assistant secretary-general, has died following a prolonged illness. She passed away Tuesday evening. In a statement issued by UNSOS, Kacyira was...

Somali forces murder one senior commanders of al-Shabab's group
(MENAFN) Somali security forces have killed one of al-Shabab’s most wanted senior commanders during a special operation in the southwestern Bakool region, according to reports. The Defense Ministry confirmed that Hussein Moallim Hassan, a key...

Joint press statements of Presidents of Azerbaijani and Somalia
AZERBAIJAN, February 12 - Statement by President Ilham Aliyev - Dear Mr. President, Dear guests, Ladies and gentlemen, Welcome, Mr. President, to Azerbaijan. I am very glad that you accepted my invitation to pay an official visit to our country....

Nonprofit Leader Zamzam Foundation selects Brightpoint Infotech for Microsoft Dynamics Business Central Implementation
Brightpoint Infotech is delighted to announce that it has been selected by one of the finest Nonprofit Organization Zamzam Foundation, based in Somalia. CORAL SPRINGS, FL, UNITED STATES, January 28, 2025 /EINPresswire.com/ -- Zamzam Foundation...

Global Gum Arabic Market Poised for Remarkable Growth, projected to Reach USD 2.2 Billion by 2035 | Future Market Insights, Inc.
NEWARK, Del, Jan. 30, 2025 (GLOBE NEWSWIRE) -- The global Gum Arabic Market is set to witness substantial growth, driven by the increasing demand for natural ingredients across industries. In 2025, the market is anticipated to be valued at USD 1.1...