Somaliland Investment Company Limited

[Deeq A.]

Press Release

On the 8th of February, 2018, marks an immense joy for the Republic of Somaliland and its people in the accomplishment of Somaliland Investment Company’s official membership of Dubai International Financial Center. This membership yields with the United Arab Emirate’s Financial Act.

This company will attract countless international investors to the Republic of Somaliland and, thus, eliminates all the barriers limiting the flow of such investments. It is a legal entity that facilitates international investment contracting; it will assist with obtaining foreign international banks’ banking services, private companies investments and stakeholders. Similarly, such membership will allow both Berbera Port and the Berbera Free Zone to access foreign international banks.

The Republic of Somaliland is, finally, able to enter Foreign and international agreements with international investors and foreign governments whereby our lack of constitutional recognition by the UN would not allow before. Somaliland is proud to, finally, overcoming such challenges and, now, looks forward focus on its national development plan.

Praise be Allah
Bashe Awil Omar
Somaliland Ambassador to UAE