Europe Top News and Analysis Sudan

  • A Careem Networks FZ logo sits on the exterior of a driver support center at the ride-hailing company's headquarters in Dubai, United Arab Emirates. 

    The $200 million was the first close of a funding round in which Careem expects to raise over $500 million, the company said in a statement.

  • KHARTOUM, Oct 14- The Sudanese pound strengthened to 46.95 to the U.S. dollar on Sunday, bankers said, in the currency's first rise since its steep devaluation a week ago when the government introduced a new mechanism to combat a financial crisis. Sudan has been reeling from an acute shortage of foreign currency and an increasingly expensive black market for...

  • KHARTOUM, Oct 4- Sudan will begin on Sunday setting its daily currency exchange rate using a newly-formed body of bankers and exchange bureaus, part of a package of measures designed to tackle an economic crisis, the central bank governor said. Sudan is also cancelling import restrictions, central bank Governor Mohamed Kheir al-Zubeir told reporters.

  • KHARTOUM, Sept 30- Sudan's central bank will start printing 100 pound bank notes for the first time to ease a liquidity crisis exacerbated by rampant inflation, state news agency SUNA said on Sunday. Sudan's economy has been struggling since the south of the sprawling northeast African country seceded in 2011, taking with it three-quarters of oil output and...

  • KHARTOUM, Sept 30- Sudan's central bank will start printing 100 pound bank notes for the first time as it struggles to deal with a liquidity crisis and rampant inflation, state news agency SUNA said on Sunday. Sudan's economy has been struggling since the south of the sprawling northeast African country seceded in 2011, taking with it three-quarters of oil...

  • KHARTOUM, Sept 30- Sudan's central bank will start printing 100 pound banknotes for the first time in response to a liquidity crisis, state news agency SUNA said on Sunday. The previous largest banknote in Sudan was 50 pounds. Sudan's economy has been struggling since the south of the sprawling northeast African country seceded in 2011, taking with it...

  • ANKARA, Sept 11- Turkey and Sudan have signed a $100 million oil exploration deal and an agreement allocating thousands of square miles of Sudanese agricultural land for investment by Turkish companies, Turkey's agriculture and forestry ministry said on Tuesday. The Turkish ministry said Sudan had designated 780,500 hectares of land for investment by...

  • *China's Xi offers $60 bln to Africa in financing. *China denies engaging in "debt trap" diplomacy. Xi, addressing leaders at Beijing's Great Hall of the People, said the new $60 billion will include $15 billion of aid, interest-free loans and concessional loans, a credit line of $20 billion, a $10 billion special fund for China- Africa development, and a $5 billion...

  • *China's Xi offers $60 bln to Africa in financing. Xi, addressing leaders at Beijing's Great Hall of the People, said the new $60 billion will include $15 billion of aid, interest-free loans and concessional loans, a credit line of $20 billion, a $10 billion special fund for China- Africa development, and a $5 billion special fund for imports from Africa.

  • *African presidents in attendance include South Africa's Ramaphosa, Sudan's Bashir. BEIJING, Sept 3- Chinese funds are not for "vanity projects" in Africa but are to build infrastructure that can remove development bottlenecks, Chinese President Xi Jinping said on Monday, telling Chinese firms they also had to respect local people and the environment.

  • BEIJING, Sept 3- Chinese funds are not for "vanity projects" in Africa but are to build infrastructure that can remove development bottlenecks, Chinese President Xi Jinping said on Monday, telling Chinese firms they also had to respect local people and the environment. Xi said at a business forum before the start of a triennial China Africa summit their...

  • South Sudan seceded from Sudan in 2011 when output peaked at 350,000 bpd but two years later plunged into civil war. South Sudan's oil is shipped to international markets via a pipeline through Sudan. During a visit on Saturday to Toma South, some 20 miles to the border with Sudan, Ezekiel Lol Gatkuoth, South Sudan's Oil Minister, said the resumption of production...

  • June 28- The United States on Thursday placed Myanmar on its list of worst offenders of human trafficking and accused it of using child soldiers amid global criticism over human rights abuses by the country's military against the minority Rohingya Muslims. Gabon, Laos, Papua New Guinea and Bolivia were also downgraded to Tier 3 from the Tier 2 Watch List in the...

  • A woman carries a basket at a camp for Internally Displaced Persons near Kadugli, the capital of Sudan's South Kordofan state on May 13, 2018.

    Since the U.S. lifted long-standing sanctions on Sudan last October, foreign investors' interest has started to trickle in, an expert on the region has told CNBC.

  • KHARTOUM, May 7- Saudi Arabia would supply Sudan's energy needs for five years on credit under an agreement being discussed by both governments, Sudan Oil Minister Abdulrahman Othman said on Monday. Othman said the deal would provide about 1.8 million tonnes of oil a year to Sudan, which in recent months has been hit by a sharp foreign currency crisis and an acute...

  • Ethiopia, the source of the Blue Nile which joins the White Nile in Khartoum and runs on to Egypt, has said the dam will not disrupt the flow and hopes the project will transform it into a power hub for the electricity-hungry region. This agreement was signed between Egypt and Great Britain, which represented at the time Uganda, Kenya, Tanganyika and Sudan.

  • Ethiopia, the source of the Blue Nile which joins the White Nile in Khartoum and runs on to Egypt, has said the dam will not disrupt the flow and hopes the project will transform it into a power hub for the electricity-hungry region. This agreement was signed between Egypt and Great Britain, which represented at the time Uganda, Kenya, Tanganyika and Sudan.

  • Ethiopia, the source of the Blue Nile which joins the White Nile in Khartoum and runs on to Egypt, has said the dam will not disrupt the flow and hopes the project will transform it into a power hub for the electricity-hungry region. This agreement was signed between Egypt and Great Britain, which represented at the time Uganda, Kenya, Tanganyika and Sudan.

  • Ethiopia, the source of the Blue Nile which joins the White Nile in Khartoum and runs on to Egypt, has said the dam will not disrupt the flow and hopes the project will transform it into a power hub for the electricity-hungry region. This agreement was signed between Egypt and Great Britain, which represented at the time Uganda, Kenya, Tanganyika and Sudan.

  • A woman that claimed to be from Syria cries as she is detained by a Royal Canadian Mounted Police (RCMP) officer after crossing the U.S.-Canada border into Hemmingford, Quebec.

    President Donald Trump issued an executive order to resume the U.S. refugee program on Tuesday but processing for 11 countries remains delayed.