Attracting foreign investors – Residential and commercial real estate booms in Hargeisa

Despite the investment opportunities, many international investors remain hesitant to enter a market that has witnessed instability for so many years. But for local investors, construction is the safest and best proven way to make a profit, said real estate agent Nassir Hussein.

“You see we do not have Citibank or Barclays and the only safe venture for locals to invest in is land and property,” he told Sabahi.

Ahmed Abdi, an economist who teaches at the University of Hargeisa, says Somaliland provides a multitude of opportunities for any foreign investor armed with the right information. read more

HAPPY, HEALTHY & WEALTHY 2013 from GUUL GROUP

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Guul Group: HAPPY HEALTHY WEALTHY 2013

Wishing you all a HAPPY, HEALTHY & WEALTHY 2013. #GuulGroup#investment opportunities; #Somaliland & potentially #HornOfAfrica #business

Somaliland: open for business

The self-declared independent state in the north-west corner of conflict-ridden Somalia has been an oasis of calm, and it is now seeking foreign investment. 

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Amid the war-ravaged landscape of Somalia, the self-declared independent state of Somaliland has carved out a reputation for relative calm.

Last week’s London conference on Somalia made a nod to Somaliland, formerly a British protectorate, and the semi-autonomous region of Puntland. Without naming them, the final communique “welcomed the success in some areas of Somalia in establishing local areas of stability, and agreed to increase support to build legitimate and peaceful authorities, and improve services to people living in these areas”. read more