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Etisalat may revive talks to sell Sudanese unitUAE's leading telecom company Etisalat could resurrect talks to sell its Sudanese telecom arm Canar to Kuwait's Zain, as both sides remain keen on a deal despite a breakdown in negotiations earlier this year, a source close to the matter More… |
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Sudan devalues currency by 22.6pcSudan's central bank has devalued the Sudanese pound by 22.6 percent against the dollar, the second such move in little over a year as the African country struggles with hard currency shortages. Sudan's economy has been in More… |
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BMMI expands its reach in African marketBahrain-based BMMI, through its fully owned subsidiary Global Sourcing & Supply (GSS), has expanded its reach into the African market. The group recently acquired land occupation rights and a logistics base in Port-Gentil, Gab More… |
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South Sudan bank to boost Gulf retail businessSouth Sudanese lender Liberty Commercial Bank plans to expand its retail business with the help of foreign investors and is looking for a partner in Dubai to tap rising trade with the Gulf, a senior executive said. Launched last y More… |
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Massive protests hit Sudan; 4 killedMore than 3,000 protesters took to the streets of the Sudanese capital Khartoum on Saturday to demand President Omar Hassan al-Bashir quit, witnesses said, after days of unrest in which dozens of people have been killed. Daily dem More… |
27 killed in Sudan protestsTwenty-seven people were killed during protests in the Sudanese capital Khartoum, a medical source said on Thursday. "There were 27 people killed in the protests and their bodies are at the Omdurman hospit More… |
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Brent stays above $109 on upbeat China dataBrent crude held above $109 a barrel on Monday, paring earlier losses after robust manufacturing data from China lifted the outlook for demand from the world's second largest oil consumer. China's flash HSBC Purchasing Man More… |
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Bashir's plane lacked permit: SaudiSaudi Arabia's aviation authority said Sudanese President Omar Hassan Al-Bashir's plane was barred from entering the kingdom's airspace this week while on a flight to Iran because it did not have the right permit. &nbs More… |
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Mideast, Sudan turmoil cuts into world oil supplyThe fall of Middle East regimes and renewed conflict there have squeezed oil supply, returning the region's politics to the fore as an energy worry for the world. Oil outages in Iraq, South Sudan, Libya and Iran are combining More… |
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S Sudan set to shut down oil productionSouth Sudan plans to sell 6.4 million barrels of oil worth $300 million before shutting down its entire production by the end of July due to a row over its alleged support for rebels in neighbouring Sudan, its oil minister said on Saturday. More… |
