INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Sudan’s coup leader says army stepping back for civilian govt

Sudanese anti-coup protesters gather on a blockaded street during a sit-in outside al-Jawda hospital in the capital Khartoum. (AFP)
  • The decision was taken "to make room for political and revolutionary forces and other national factions" to form a civilian government
  • Widespread international condemnation and aid cuts followed the putsch, the latest in the impoverished northeast African country
Sudan’s coup leader Abdel Fattah al-Burhan said Monday the army would make way for a civilian government and would “not participate” in talks facilitated by the UN and regional blocs.The decision was taken “to make room for political and revolutionary forces and other national factions” to form a civilian government, months after the October coup ousted civilians from a transitional administration.

Widespread international condemnation and aid cuts followed the putsch, the latest in the impoverished northeast African country.

“The armed forces will not stand in the way” of democratic transition, Burhan said in a televised address, affirming the military’s commitment to working towards “elections in which the Sudanese people choose who will govern them.”

In the weeks following the coup, the military and civilian leaders had promised general elections in July 2023.

Protests demanding an end to military rule have continued in the Khartoum area since Thursday, when mass demonstrations by tens of thousands an intensification of near-weekly protests were met by the deadliest violence so far this year.

Pro-democracy medics said nine demonstrators were killed, bringing to 114 the number killed in the crackdown against anti-coup protesters since October.