*UBS hit with 4.5 billion euros of penalties. PARIS, Feb 20- A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros in penalties. "The court can only conclude that consistently put its own financial interests over the sovereign rights of the French state," the...
PARIS, Feb 20- A French court will rule on Wednesday whether UBS, Switzerland's largest bank, helped wealthy French clients evade taxes between 2004 and 2012 and launder the proceeds. The French trial follows a similar case in the United States, where UBS accepted a $780 million settlement in 2009 and in Germany, where it agreed to a 300 million euro fine in 2014.
KHARTOUM, Feb 17- A Sudanese fruit seller died on Sunday after choking on tear gas fired at protesters in the market where he worked in Khartoum, his family members told Reuters. The 62- year-old fruit seller working there choked on the gas and later died in a hospital in Khartoum, his family said. Protests have spread across Sudan since Dec. 19.
Feb 17- A Sudanese fruit seller died on Sunday after choking on tear gas fired at protesters in the market where he worked in Khartoum, his family members told Reuters.
Feb 12- India kicked off its biennial conference Petrotech on Saturday, Feb. 9, with oil ministers from Venezuela, Iran, United Arab Emirates, Indonesia, Mexico, Oman and elsewhere in attendance. >Venezuela open to barter in oil trade with India. >India looks to establish shale oil, gas potential.
Feb 12- India kicked off its biennial conference Petrotech on Saturday, Feb. 9, with oil ministers from Venezuela, Iran, United Arab Emirates, Indonesia, Mexico, Oman and elsewhere in attendance. >Venezuela open to barter in oil trade with India. >India looks to establish shale oil, gas potential.
Feb 11- India kicked off its biennial conference Petrotech on Saturday, Feb. 9, with oil ministers from Venezuela, Iran, United Arab Emirates, Indonesia, Mexico, Oman and elsewhere in attendance. >Venezuela open to barter in oil trade with India. >India looks to establish shale oil, gas potential.
SOUTH SUDAN LOOKING TO BUILD REFINERY ALONG ETHIOPIAN BORDER; HAS SIGNED OFFTAKE AGREEMENTS WITH ETHIOPIA- MINISTER.
CENTRAL AFRICAN REPUBLIC AND 14 ARMED GROUPS REACH PEACE DEAL AT KHARTOUM TALKS- UNITED NATIONS.
KHARTOUM, Feb 2- A Sudanese man died in detention after being arrested in connection with protests in eastern Sudan, family members said on Saturday. The 36- year-old teacher was arrested from his home on Thursday after protests in Khashm el-Girba in eastern Sudan, the family members said. The family members said security officials told them that the man died of...
SUDANESE MAN DIES IN DETENTION AFTER BEING ARRESTED IN CONNECTION WITH SUDAN PROTESTS- FAMILY MEMBERS.
*Sudan cut off from IMF funding. KHARTOUM, Jan 17- Sudan must implement radical reforms or seek a bailout from friendly nations to pull its economy out of the downward spiral that helped trigger the nationwide protests now rocking the country, economists and bankers say. Attempts to raise bread and fuel prices to reduce the cost of subsidies sparked protests that...
CAIRO, Dec 19- South Sudan on Wednesday exported one million barrels of oil from its Toma South oilfield via its northern neighbor Sudan's ports, Sudanese news agency SUNA said. Sudan's oil minister, Azhari Abdel Qader, said the exports were a result of "the efforts of President Omar al-Bashir and his counterpart Salva Kiir to achieve peace and stability in South...
Sudan's oil minister, Azhari Abdel Qader, said the exports were a result of "the efforts of President Omar al-Bashir and his counterpart Salva Kiir to achieve peace and stability in South Sudan," SUNA said.
SOUTH SUDAN ON WEDNESDAY EXPORTED 1 MLN BARRELS OF OIL THROUGH SUDANESE PORTS FROM TOMA SOUTH OILFIELD- STATE NEWS AGENCY.
KHARTOUM, Dec 10- The Sudanese currency slid to 60 pounds to the dollar on the black market on Monday, traders said, increasing the gap with the official rate of 47.5 pounds to its widest since a sharp devaluation two months ago. "The deterioration of the Sudanese pound's real value has made everyone rush to convert their savings into dollars," economics professor...
*Sites use content from Tehran- based agency. *Target audiences are in volatile regions such as Yemen, Egypt. In one recent article, Nile Net Online derided the American president as a "low-level theatre actor" who "turned America into a laughing stock" after he attacked Iran in a speech at the United Nations.
Azhari Abdalla, minister of petroleum and minerals of Sudan, says the country is "absolutely secure" now.
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...
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