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A cash crisis has gripped two major banks in Somalia's capital, Premier Bank and IBS Bank of Somalia, leaving customers unable to withdraw funds for three consecutive days.

Cash Crisis ...

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U.S Treasury sanctions the Yemen Kuwait Bank (YKB), a San'a-based bank that has dealings with Somalia-based Premier Bank. YKB is accused of money laundering and conducting financial transactions for the Houthis and the Iran's IRGC-QF.

U.S. Sanctio...

Kaab TV News Editor - 0