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Somalia is classified by the United Nations as a least developed country, with the majority of its population being dependent on agriculture and livestock for their livelihood. The economy of Somalia is $4.918 billion by gross domestic product as of 2020. For 1994, the CIA estimated it at purchasing power parity to be approximately $3.3 billion. In 2001, it was estimated to be $4.1 billion. By 2009, the CIA estimated that it had grown to $5.731 billion, with a projected real growth rate of 2.6%. In 2014, the International Monetary Fund estimated economic activity to have expanded by 3.7% primarily. This expansion was driven by growth in the primary sector and the secondary sector. According to a 2007 British Chambers of Commerce report, the private sector has experienced growth, 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. The investment has been largely financed by the Somali diaspora, and includes trade and marketing, money transfer services, transportation, communications, fishery equipment, airlines, telecommunications, education, health, construction and hotels.
Mogadishu, locally known as Xamar or Hamar, is the capital and 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 urban population of 2,610,483.
The Majeerteen, alternately known as MohammedHarti, are a prominent Somali sub-clan of the Harti, which falls under the Darod conglomerate of clans. Traditionally, they inhabit extensive territories in the Bari, Nugaal, and Mudug regions of Somalia, spanning from Bosaso to Garacad, mainly in Puntland state. Additionally, Majeerteen populations are present in southern towns such as Kismayo.
The Isaaq is a major Somali clan. It is one of the largest Somali clan families in the Horn of Africa, with a large and densely populated traditional territory.
Bosaso Airport, also known as Bosaso International Airport, is an airport in Somalia. It sits at 11°16′32″N 49°9′0″E on the outer edge of the city of Bosaso, the commercial capital of the northeastern Puntland macro-region and adjacent to the Gulf of Aden. It is the second largest airport in the country after the Aden Adde International Airport in Mogadishu.
The Dhulbahante is a Somali clan family, part of the Harti clan which itself belongs to the largest Somali clan-family — the Darod. They are the traditional inhabitants of the physiographic Nugaal in its topographic sense, and its pre-independence administrative sense, which included Doollo. The clan's progenitor is buried at Badweyn.
The Harti, (Somali: Harti), are a Somali clan that trace their lineage back to SalehAbdi (Harti). They are a sub-clan of the larger Darod clan. Notable sub-clans within Harti include the Majeerteen, Dhulbahante, and the Warsengeli. They predominantly reside in the apex of the Horn of Africa and its surrounding regions. Furthermore, in the southern territories, the clan's settlements span both sides of the Kenya-Somalia border.
Dahabshiil is a Somali funds transfer company, and is the largest money-transfer business in Africa. It's headquartered in Burao, Somalia. Formed in 2004, the firm operates from over 24,000 outlets and employs more than 2,000 people across 126 countries. It provides financial services to international organisations, as well as to both large and small businesses and private individuals. The company is also involved in community building projects in Somalia.
Somali Americans are Americans of Somali ancestry. The first ethnic Somalis to arrive in the U.S. were sailors who came in the 1920s from British Somaliland. They were followed by students pursuing higher studies in the 1960s and 1970s, by the late 1970s through the late 1980s and early 1990s more Somalis arrived. However, it was not until the mid and late 1990s when the civil war in Somalia broke out that the majority of Somalis arrived in the United States. The Somali community in the U.S. is now among the largest in the Somali diaspora.
Oil exploration in Puntland, an autonomous region in northeastern Somalia which is a federal state, began in the mid-2000s as a series of negotiations between the provincial administration and foreign oil companies. By 2012, exploratory wells established in the area yielded the first signs of crude oil.
Hassan or Hasan is an Arabic, Irish, Scottish, or Jewish surname.
HASS or HASS Petroleum is a privately owned oil marketing company headquartered in Nairobi, Kenya.
Somalia–Turkey relations are bilateral relations between Somalia and Turkey. The two nations are longstanding partners, engaging in close development cooperation. Somalia has an embassy in Ankara, and Turkey has an embassy in Mogadishu, which is the biggest Turkish embassy in the world.
Hassan Sheikh Mohamud is a Somali politician who has served as the president of Somalia since May 2022, having previously held the office from 2012 to 2017. He is the founder and current chairman of the Union for Peace and Development Party. He was indirectly elected as President of the Federal Republic of Somalia on 15 May 2022, defeating the incumbent president Mohamed Abdullahi Mohamed. A civil and political rights activist, Hassan was previously a university professor and dean at SIMAD University, which he co-founded.
Sherif Ismail was an Egyptian engineer and politician who served as the prime minister of Egypt from 2015 to 2018. He was also the minister of petroleum and mineral resources from 2013 to 2015.
Dr. Abdirizak Omar Mohamed is a Somali politician. He was Minister of Natural Resources in Abdi Farah Shirdon cabinet from November 8, 2012, till the cabinet was ousted on December 2, 2013, and then moved on to become the Senior Policy Advisor to the President of Somalia Hassan Sheikh Mohamud. He was the Minister of Internal Security of Somalia. Currently he is the Minister of Petroleum and Mineral Resources for the Federal Government of Somalia, and hold this post since 12 August 2022. He is the former Minister of Internal Security of Somalia, having been appointed to the position on 6 February 2015 by the former Prime Minister Omar Abdirashid Ali Sharmarke.
Hassan Ali Khaire, in Ceelbuur Galguduud popularly known as Hassan Khaire, is a senior politician and is the former prime minister of Somalia. He was appointed on 23 February 2017 by Somalia President Mohamed Abdullahi Mohamed "Farmaajo" and resigned on Saturday July 25, 2020 after MPs passed a disputed vote of no confidence.
Soma Oil & Gas Ltd (BVI) is a private oil company operating offshore oil and gas exploration projects in Somalia. Initially founded as Soma Oil & Gas in the United Kingdom, it transitioned to a BVI-registered entity, and its online portal somaog.com. The company acquired two major Production Sharing Agreements (PSAs) covering offshore blocks in Somalia, including PSAs 129/130 and 192.
The Mayor of Berbera is the executive of the municipal government in Berbera City and the surrounding city's territory administration. The current mayor is Abdishakur Mohamoud Hassan, who took office on 20 December 2012.
References
- ↑ "Arab oil firm acquires 40% stake in Hass Petroleum". No. 6 June 2017. BusinessToday. Retrieved 20 November 2017.
- ↑ "Oil firm builds depot in Dar". Daily Nation. 21 December 2009. Retrieved 21 November 2017.
- ↑ "Somalis – The most entrepreneurial people in Africa" . Retrieved 20 November 2017.