dried sheep and goat hides and skin. Principle wet blue exports are to Turkey, Pakistan, India and China. Raw camel hides and sheep and goat skin are also exported to the United Arab Emirates. Commercial banks serving Bosaso include Amal Bank and Salaam Bank. Salaam Bank provides personal banking and corporate banking services. Its Islamic banking services and facilities include Mudarabah, Murabaha, Musharakah and Istisnaa. Additionally, the bank offers electronic banking, SMS banking, mobile banking and internet debit. In August 2011, the bank also launched an independent (Kaaftoon) service partnering with Golis Telecom Somalia. Transportation Bosaso is traversed by a north–south highway. It connects major cities in the northern part of the country, such as Galkayo and Garowe, with towns in the south. In June 2012, the Puntland Highway Authority (PHA) launched an upgrade and repair project on the large thoroughfare between Bosaso and Garowe. The transportation body also began rehabilitation work in October 2012 on the central artery linking the city with Qardho. Additionally, plans are in the works to construct new roads connecting littoral towns in the region to the main highway. In June 2014, Puntland President Abdiweli Mohamed Ali along with Bosaso Mayor Hassan Abdallah Hassan and other state officials also inaugurated a new paved road in the city. The construction project leads to the Bosaso seaport, and was completed in conjunction with UNHABITAT. According to Ali, his administration plans to invest at least 23 million Euros in contributions from international partners in similar road infrastructure development initiatives. The city has a major seaport, the Port of Bosaso. It was constructed during the mid-1980s by the Siad Barre administration for annual livestock shipments to the Middle East. In January 2012, a renovation project was launched, with KMC contracted to upgrade the Bosaso Port's harbor. The initiative's first phase saw the clean-up of unwanted materials from the dockyard and was completed within the month. The second phase involves the reconstruction of the port's adjoining seabed, with the objective of accommodating larger ships. Besides its busy seaport, Bosaso has a major airport, the Bender Qassim International Airport. In 2008, the Puntland government signed a multimillion-dollar deal with Dubai's Lootah Group, a regional industrial group operating in the Middle East and Africa. According to the agreement, the first phase of the investment is worth Dhs170m ($46.28m) and will see a set of new companies established to operate, manage and build