KHARTOUM, May 21 (Reuters) – Lebanese farmland investor GLB
Invest plans to invest up to $800 million in Sudan to produce
animal feed to be sold to Saudi Arabia, its president said on
Arab investors have launched farmland and livestock projects
in the vast African country, prized for its fertile soil and
easy access to irrigation water from the Nile, to help arid Gulf
oil producers secure food supplies.
KHARTOUM, May 20 (Reuters) – A Saudi firm will hold off its
planned project in Sudan to produce wheat and other basic food
items until the government eases a ban to repatriate profits,
its head said on Monday.
Sudan, prized for its fertile land and easy access to
irrigation water from the Nile, has been trying to attract
farmland and livestock investment from Gulf Arab firms seeking
to secure food supplies for their arid oil-producing countries.
KHARTOUM, May 15 (Reuters) – In a cramped government office
in Khartoum, engineer Ahmed Taha and dozens of other Sudanese,
lured by local newspaper adverts for jobs in the Gulf, sit
waiting to get a permit to leave the country and work abroad.
“I’ve had enough of Sudan and will go to Saudi Arabia,” said
Taha. “I am so tired of this country, the (economic) crisis, the
KHARTOUM (Reuters) – South Sudan’s first oil export shipment since January 2012 has reached Sudan, state news agency SUNA said on Tuesday, in the latest sign of a thaw between the longtime foes.
The African neighbors agreed in March to resume cross-border oil flows, ending a row over pipeline fees that prompted landlocked South Sudan to shut down its entire production of 350,000 barrels a day in January 2012.
KHARTOUM (Reuters) – Sudan looked set to receive $2 billion in oil pipeline fees from South Sudan by the end of 2014 and should prioritize overhauling its agricultural sector with the money, the International Monetary Fund (IMF) said on Tuesday.
Sudan lost most of its oil reserves – the main source of dollar revenue to pay for food imports – when South Sudan seceded in 2011, driving down the local currency, taking inflation to almost 50 percent and fuelling dissent.
KHARTOUM (Reuters) – One Ethiopian peacekeeper was killed and two others wounded when a U.N. convoy was caught up in a tribal clash in the Abyei border region claimed by both Sudan and South Sudan, the United Nations said on Sunday.
A tribal leader was shot dead in the same incident, while in separate violence along the neighbors’ volatile border, the Sudanese army clashed with rebels of the SPLM-North, which is trying to topple President Omar Hassan al-Bashir.
UM RAWABA, Sudan (Reuters) – The line of army pickup trucks rumbled into the dusty streets of Um Rawaba, a once placid city in the heart of Sudan that days ago became a new front in the war of attrition between government and rebels.
Six days earlier, hundreds of insurgents had stormed in, spraying bullets and killing up to 13 civilians and soldiers, before pulling out as government planes started flying overhead.
KHARTOUM (Reuters) – For Sudanese businessman Mohamed Ali the tedium of the evening hours is finally over – his favorite shisha cafe in the capital Khartoum has reopened after a two-year break.
“I come here every day. I love to be here and smoke water pipe with my friends and socialize,” said Ali, sitting at a table in a noisy shisha cafe on the top floor of a hotel.
KHARTOUM (Reuters) – Rebels from Sudan’s Darfur region launched a dawn attack on the city of Um Rawaba on Saturday, taking their fight closer to the capital Khartoum, witnesses said.
The attack marks the biggest push by a rebel alliance that is seeking to topple President Omar Hassan al-Bashir. Fighting had hitherto been limited mainly to remote regions of Darfur and South Kordofan and Blue Nile states, which border South Sudan.
CAIRO, April 24 (Reuters) – Egyptian fund manager Mohamed
Ayad watched his clients lose money for months until he himself
became a victim of the stock market’s slump.
“I was fired with many others when trading volumes went
down,” said Ayad, a man in his 30s who worked for a securities
firm in Cairo until last year. “I have been unable to find a new
job as many other people working in the financial sector have
also been laid off.”