Search Site

DAE net profit up 36.2%

Revenues grew by 9 percent to $1.42bn from $1.31bn in 2023.

Borouge 2024 net profit $1.24bn

The company said it will maintain a $1.3bn dividend for 2025.

ADQ, Orion to establish JV

The partners commit to deploying $1.2bn in the next four years.

Alpha Dhabi acquires interest in NCTH

The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.

Meraas awards construction contract

The $272m contract has been awarded for Bluewaters Bay.

US imposes economic, visa sanctions over violence in Sudan

Sudanese army chief Abdel Fattah al-Burhan cheering with soldiers as he visits some of their positions in Khartoum. (AFP)
  • "We are following through by levying economic sanctions, imposing visa restrictions against actors who are perpetuating the violence," National Security Advisor Jake Sullivan said.
  • Sullivan noted that the sanctions are being enacted under the authority ordered by President Joe Biden in May.

Washington, United States — The White House on Thursday announced economic and visa sanctions against Sudanese leaders responsible for breaking a ceasefire and provoking “appalling” bloodshed.

“We are following through by levying economic sanctions, imposing visa restrictions against actors who are perpetuating the violence,” National Security Advisor Jake Sullivan said in a statement.

“Despite a ceasefire agreement, senseless violence has continued across the country — hindering the delivery of humanitarian assistance, and hurting those who need it most. The scope and scale of the bloodshed in Khartoum and Darfur, in particular, is appalling,” Sullivan said.

Failure by the army and the paramilitary Rapid Support Forces “to abide by the ceasefire only further deepens our concern that the people of Sudan will once again face a protracted conflict and widespread suffering at the hands of the security forces.”

Sullivan noted that the sanctions are being enacted under the authority ordered by President Joe Biden in May.