Later Strike, UAE to Get Rid of Somalia Armed Forces Education mission

Later Strike, UAE to Get Rid of Somalia Armed Forces Education mission

The United Arab Emirates (UAE) is ending a military training programme in Somalia in response to the seizure of millions of dollars and the temporary holding of a UAE plane by Somali security forces last week.

On April 8, about $9.6 million in cash was taken from the UAE plane at Mogadishu airport, Somali police said.

In addition, the UAE has been paying the salaries of 2407 Somali soldiers and built three training centres, a hospital, and dispatched Emirati medical teams for treating Somalis.

They denounced the seizure of the money, which flies in the face of diplomatic traditions and contravenes agreements signed by both countries.

Somali officials did not immediately comment on the UAE's decision.

Relations between Mogadishu and Abu Dhabi-both Arab League members-have been frosty since June past year after Mogadishu resisted UAE and Saudi pressure to cut ties with Qatar in the Gulf diplomatic rift.

Somalia had no opinion, nevertheless it explained it would finish the UAE funds of its army.

Relations between Somalia and the UAE have been strained over the ongoing diplomatic crisis engulfing Qatar, as well as Dubai-owned DP World port operator operating a major port in Somalia's breakaway territory of Somaliland.

Somalia called on the United Nations Security Council to "take the necessary steps" to "put an end to these actions".

Related Articles

  • As of April, 27 Analysts See $0.79 EPS for Synchrony Financial (SYF)

    Rmb Cap Mngmt has 0.06% invested in Texas Instruments Incorporated (NASDAQ:TXN). 3,500 were reported by Atika Capital Mgmt Lc. The stock of Texas Instruments Incorporated (NASDAQ:TXN) earned "Buy" rating by Bank of America on Wednesday, October 25.

    Spirit Realty Capital, Inc (SRC) Receives Consensus Rating of "Hold" from Analysts

    Its minimum price target estimates has been figured out at $8 while the maximum price target forecast is established at $15. It dived, as 32 investors sold SRC shares while 86 reduced holdings. 41 funds acquired stakes and 73 increased stakes.
    West Ham substitute Carroll snatches late draw against Stoke

    West Ham substitute Carroll snatches late draw against Stoke

    Stoke moves level on points (28) with 18th place Southampton , however, the Potters still sit five points behind Swansea City in the relegation race with four matches to play.
  • Broker's Roundup on Capstone Turbine Cp (CPST)

    It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. Capstone Turbine Corporation (NASDAQ: CPST ) has revealed a visible change in the trend volumes of the stock market recently.

    Tempur Sealy International Inc (TPX) Receives $61.43 Average PT from Analysts

    It increased, as 22 investors sold TPX shares while 62 reduced holdings. 78 rose stakes while 34 funds bought stakes. (NYSE:TPX). Prelude Management reported 40,800 shares or 0.01% of all its holdings. 107,924 are owned by Smith Salley Assoc.

    As of April, 25 QEP Resources, Inc. (QEP) Analysts See $-0.13 EPS

    Currently Qep Resources (NYSE: QEP)'s shares owned by insiders are 0.9%, whereas shares owned by institutional owners are 95.8%. Following the purchase, the director now directly owns 50,000 shares of the company's stock, valued at approximately $450,000.
  • Yemen govt accuses Iran of arming Huthis with drones

    Yemen govt accuses Iran of arming Huthis with drones

    It added that Yemen's military did not possess such aircraft and it was "impossible to manufacture them locally". Houthis have been controlling much of Yemen's north by force, including the capital Sanaa since 2014.
    Olynyk helps Heat to Game 2 victory over 76ers

    Olynyk helps Heat to Game 2 victory over 76ers

    Wade's play resembled his glory days at times and he carried the Heat in a sensational second quarter that was the difference. He picked up his fourth foul with 9:25 left in the third quarter and watched from the bench the rest of the game.
    The Fitbit Versa is available today for $199.95

    The Fitbit Versa is available today for $199.95

    You can also store up to 300+ songs on it or download stations from streaming services like Pandora or Deezer. Access your favorite apps for sports, weather & more and get call, calendar, text, and app alerts.
  • Fury Road' Lawsuit Is Holding Up Two Planned Sequels — Mad Max

    While one would think that the cost of a movie would actually be something they can agree on, that apparently isn't the case. But when Fury Road was released, it seemed like maybe all the trouble was worth it.
    Hand look at extensive flood damage, rescue efforts on Kauai

    Hand look at extensive flood damage, rescue efforts on Kauai

    Ige commended Kauaʻi County's first responders and emergency personnel and pledged continued support of search and rescue efforts. More than 100 people have been airlifted from Kauai's north shore and taken to a shelter after a weekend storm.

    Vanguard Consumer Discretionary ETF (VCR) Declines 0.7% for April 13

    As we run through the next round of company earnings reports, investors will be keeping a close eye on the data that is reported. Buying after a big move to the upside may mean that the investor is essentially paying too much for the stock at those levels.