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List Of Companies Of Somalia
Somalia is a country located in the Horn of Africa. It has maintained a healthy informal economy, based mainly on livestock, remittance/ money transfer companies and telecommunications. Due to a dearth of formal government statistics and the recent civil war, it is difficult to gauge the size or growth of the economy. For 1994, the CIA estimated the GDP at $3.3 billion. In 2001, it was estimated to be $4.1 billion. By 2009, the CIA estimated that the GDP had grown to $5.731 billion, with a projected real growth rate of 2.6%. According to a 2007 British Chambers of Commerce report, the private sector also grew, particularly in the service sector. Unlike the pre-civil war period when most services and the industrial sector were government-run, there has been substantial, albeit unmeasured, private investment in commercial activities; this has been largely financed by the Somali diaspora, and includes trade and marketing, money transfer services, transportation, communications, fish ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Somalia (orthographic Projection)
Somalia, , Osmanya script: 𐒈𐒝𐒑𐒛𐒐𐒘𐒕𐒖; ar, الصومال, aṣ-Ṣūmāl officially the Federal Republic of SomaliaThe ''Federal Republic of Somalia'' is the country's name per Article 1 of thProvisional Constitution, (; ), is a Sovereign state, country in the Horn of Africa. The country is bordered by Ethiopia to the west, Djibouti to the northwest, the Gulf of Aden to the north, the Indian Ocean to the east, and Kenya to the southwest. Somalia has the longest coastline on Africa's mainland. Its terrain consists mainly of plateaus, plains, and highlands. Hot conditions prevail year-round, with periodic monsoon winds and irregular rainfall. Somalia has an estimated population of around million, of which over 2 million live in the Capital city, capital and largest city Mogadishu, and has been described as Africa's most culturally homogeneous country. Around 85% of its residents are ethnic Somalis, who have historically inhabited the country's north. Et ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Company
A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is generating profit * financial entities and banks * programs or Educational institution, educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared Incorporation (business), incorporation, or published policy. When a company closes, it may need to be Liquidation, liquidated to avoid further legal obligations. Companies may associate and collectively register themselves ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hafun Fishing Company
The Hafun Fishing Company (HFC) is a fishing and real estate firm headquartered in Bosaso, the commercial capital of the autonomous Puntland regional state in northeastern Somalia. Holdings Fishing The Hafun Fishing Company was established in July 1992 in Bosaso. It was named after the northeastern port town of Hafun, where HFC also has an office. The firm exports a wide range of fish products to international markets. Among these are lobsters, frozen fish, dried shark meat and fin, which it mainly sends to Yemen, the United Arab Emirates and Oman in the Persian Gulf, as well as some products to Kenya in the African Great Lakes region. The company is also exploring additional global markets for its fish goods. Real estate Besides the fishing industry, HFC maintains business activities in Puntland's housing market. These commercial interests are represented by the firm's growing local real estate sales and development division. Management The Hafun Fishing Company is chaired by i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Golis Telecom Somalia
Golis Telecom Somalia ( so, Shirkadda Isgaadhsiinta ee Golis Soomaaliya), shortened to Golis, is the largest telecommunications operator in the Puntland state of northeastern Somalia. It was founded in 2002 with the objective of supplying the country with GSM mobile services, fixed line and internet services. The firm has an extensive network that covers all the major cities and more than 50 districts in Puntland and neighbouring Somaliland. The company has its headquarters in the port city and the commercial capital of Puntland , Bosaso. Golis Telecom has also centers in the main cities and towns of Puntland such as Qardho, Garowe, Hadaaftimo, Burtinle, Galkacyo , Dhahar, Carmo, Baran, Goldogob Hingalol and Bo’ame, Lasanod as well as Erigavo. Other services Golis Mobile offers other services such as ''XOGMAAL''. XOGMAAL enables enquiring, emailing through the mobile, and searching the online encyclopedias and dictionaries as well as search engines such as Google. It also allo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Somali Bank
The First Somali Bank (FSB) is a bank headquartered in Mogadishu, Somalia. Overview FSB was established in May 2012 by Liban Abdi Egal. It is the first commercial bank to open in southern Somalia since 1991. An Islamic financial institution, the bank offers personal banking, commercial banking, agency banking, mobile banking and internet banking. It also provides money transfer services to clients. In mid-2012, the First Somali Bank organized its first ever Technology, Entertainment, Design (TEDx) conference. The event was launched to showcase improvements in local business, development and security to potential Somali and international investors. Albert Falck was the first CEO of the bank from January 2012 to end of June 2012. He managed the product portfolio creation and launch of the bank. See also *Central Bank of Somalia The Central Bank of Somalia (CBS) ( so, Bankiga Dhexe ee Soomaaliya, ar, البنك المركزي الصومالي) is the monetary authority of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eastern Television Network
Eastern Television Network (ETN TV) is a Somali private television channel. Overview ETN was founded in 2005. Along with the Somali Broadcasting Corporation, it is one of two stations with headquarters in Bosaso, the commercial capital of the northeastern Puntland region of Somalia. The channel also has a branch in Garowe. Programs Eastern Television Network airs programs six hours per day. Its broadcast schedule includes news, cultural, music and sports programming, as well as advertisements. Management The station is owned by Abdirahman Sheikh. It has a staff of 17 employees. See also *Media of Somalia *Somali National Television *Horn Cable Television *Somaliland National TV *Shabelle Media Network *Universal Television (Somalia) Universal Television is a Somali television channel. With its studio in London, it is the first and largest Somali TV satellite A satellite or artificial satellite is an object intentionally placed into orbit in outer space. Except for pas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Somalia
The Central Bank of Somalia (CBS) ( so, Bankiga Dhexe ee Soomaaliya, ar, البنك المركزي الصومالي) is the monetary authority of Somalia. Somalia has struggled to reestablish a functioning state since the collapse of an authoritarian regime in 1991. Somalia has been cited as a real-world example of an anarchist stateless society and a country with no formal legal system. The Transitional Federal Government, formed in 2004, was recognized as the central government of Somalia. Among other duties, it is in charge of ensuring financial stability, maintaining the internal and external value of the local currency, and promoting credit and exchange conditions that facilitate the balanced growth of the national economy. Within the scope of its powers, it also contributes to the financial and economic policies of the State. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bosaso
Bosaso ( so, Boosaaso, ar, بوصاصو), historically known as Bender Cassim is a city in the northeastern Bari province ('' gobol'') of Somalia. It is the seat of the Bosaso District. Located on the southern coast of the Gulf of Aden, the municipality serves as the region's commercial capital and is a major seaport within the autonomous Puntland state. It has an estimated population of around 164,906 residents (2005 est.). The city has a diverse economy centred on education, government, banking, tourism, aviation, food, clothes, logistics, steel, energy, health care, hospitality, retail and technology. The area's many colleges and universities make it a regional hub of higher education, including law, medicine, engineering, business and entrepreneurship. History The ''Periplus of the Erythraean Sea'' indicates that Ancient Greek merchants sailed to Bosaso, providing notes about the strategic and geographical location of the current Bosaso area, which was known as Mosylon in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bosaso Tannery
Bosaso Tannery is a tannery headquartered in Bosaso, the commercial capital of the autonomous Puntland state in northeastern Somalia. Services and manufacturing A ten-year-old manufacturing, distributing, wholesale and import/export company, the Bosaso Tannery processes wet salted, dry salted, wet blue, limed, pickled, and air/frame dried sheep and goat hides and skin. It has some of the highest quality natural skins on the continent. Bosaso Tannery processes two kinds of hides and skins: wet blue and pickle. Natural chemicals are used in the production of the pickled variety. The hides and skins are graded on a one to six scale. Lowest quality products are tiered according to a single (R), double (RR) or triple rejects system (RRR). In total, daily turnover is 5,000 individual skins and 300 camel hides. As of 2012, the company is moving toward ready-made leather production for eventual exportation to consumer markets in the Middle East and other areas. Exports and distributi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hargeisa
Hargeisa (; so, Hargeysa, ar, هرجيسا) is the capital and largest city of the Republic of Somaliland. It is located in the Maroodi Jeex region of the Horn of Africa. It succeeded Burco as the capital of the British Somaliland Protectorate in 1941. Hargeisa is the largest city in Somaliland, and also served as the capital of the Isaaq Sultanate during the mid-to-late 19th century. Hargeisa was founded as a watering and trading stop between the coast and the interior by the Isaaq Sultanate. Initially it served as a watering Well for the vast livestock of the Eidagale clans that inhabited in that specific region and later were joined by the current clans of Hargeisa. In 1960, the Somaliland Protectorate gained independence from the United Kingdom and as scheduled united days later with the Trust Territory of Somaliland (former Italian Somaliland) to form the Somali Republic on July 1. Encyclopædia Britannica, ''The New Encyclopædia Britannica'', (Encyclopædia Britanni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Somaliland
The Bank of Somaliland ( so, Baanka Somaliland, ) is the central bank of Somaliland.Somaliland’s Quest for International Recognition and the HBM-SSC Factor Established in 1994, it serves as both a and for the territory. The central bank was provided for in the constitution of Somaliland< ...
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Mogadishu
Mogadishu (, also ; so, Muqdisho or ; ar, مقديشو ; it, Mogadiscio ), locally known as Xamar or Hamar, is the capital and List of cities in Somalia by population, most populous city of Somalia. The city has served as an important port connecting traders across the Indian Ocean for millennia, and has an estimated population of 2,388,000 (2021). Mogadishu is located in the coastal Banadir region on the Indian Ocean, which unlike other Somali regions, is considered a municipality rather than a (federal state). Mogadishu has a long history, which ranges from the Ancient history, ancient period up until the present, serving as the capital of the Sultanate of Mogadishu in the 9th-13th century, which for many centuries controlled the Indian Ocean gold trade, and eventually came under the Ajuran Empire in the 13th century which was an important player in the medieval Silk Road maritime trade. Mogadishu enjoyed the height of its prosperity during the 14th and 15th centuries a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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