Wednesday 5 August 2015
 
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World crops higher, but local scarcities remain: UN

Favourable worldwide conditions for cereal crops will lead to better-than-expected production this growing season at the global level, said the United Nations Food and Agriculture Organization (FAO). That is despite continuing app

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Chinese construction group Lingong opens Sudan unit

China-based Shandong Lingong Construction Machinery Company (Lingong) has opened a new parts and service depot in the Sudanese capital Khartoum as part of its regional expansion strategy. Covering an area of 2,000 sq m, the showro

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HMH expands presence in Sudan

Dubai-based HMH - Hospitality Management Holdings has officially opened the EWA Khartoum Hotel & Apartments in Sudan. The grand inauguration was attended by Mohamed Adbul Karim Al-Had, Federal Minister of Tourism, SSIA chairma

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Sudan eyes Arab funding for real estate projects

Sudan's real estate sector has attracted investments worth $30 billion from the region and is now looking for more funding from Arab business groups in the construction projects, said a report. "We will be presenting a pa

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Sudan buys Sawiris stake in Ariab Mining for $100m

Sudan has taken full ownership of Ariab Mining Company after purchasing a 44 per cent stake from Egyptian billionaire Naguib Sawiris in a $100 million deal, said the country's minister of mining. Ahmed Sadiq al-Karouri told Re

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Egypt, Ethiopia, Sudan sign historic Nile dam deal

Leaders from Egypt, Ethiopia and Sudan signed a co-operation deal on Monday over a giant Ethiopian hydroelectric dam on a tributary of the river Nile, in a bid to ease tensions over regional water supplies. The leaders said the &q

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Sudan bank to open first Gulf branch in Bahrain

Bank of Khartoum, an Islamic institution which is Sudan's biggest privately owned bank, plans to open a wholesale banking branch in Bahrain, its first branch in the Gulf, its chief executive told Reuters. "It comes logica

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Zain to repatriate $280m from Sudan

Kuwait and Sudan are in talks to help telecom operator Zain repatriate $280 million worth of Sudanese pounds, the company's chairman said on Tuesday. Zain, which operates in about eight countries in the Middle East and Africa

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RAK Ceramics to exit Sudan business, boost UAE capacity

United Arab Emirates-based RAK Ceramics, one of the world's biggest makers of floor and wall tiles, said on Thursday it would sell its Sudan business and use the cash raised to expand its sanitary ware production capacity in the UAE.

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RAK Ceramics to exit Sudan business, boost UAE capacity

United Arab Emirates-based RAK Ceramics, one of the world's biggest makers of floor and wall tiles, said on Thursday it would sell its Sudan business and use the cash raised to expand its sanitary ware production capacity in the UAE.

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