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Sudan

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.
  • ‘Shocking increase’ of children denied aid in conflicts: UN

    In addition to access to humanitarian aid, the UN's report on children and armed conflict also lists the number of children killed and wounded, as well as attacks on hospitals and schools. The report draws up a "list of shame" of government forces and other armed groups responsible for the...
  • Fintech and fighter jets: UAE-Israel ties bear fruit

    On September 15, 2020, the UAE became the first Gulf nation to establish formal relations with the Jewish state
  • Egypt looks to neighbors, and beyond, for power supply

    In order to make sure that Egyptians get an uninterrupted supply of electricity, Egypt has taken steps to strengthen power  linkage lines with neighboring countries such as Jordan, Sudan and Libya.
  • Egypt ties up with Sudan to map geothermal energy potential

    The two countries will also expand the installation of fixed and mobile seismic stations.
  • Israeli foreign minister to visit Morocco

    Morocco was one of four Arab states to agree last year to normalize ties with Israel, along with the United Arab Emirates, Bahrain and Sudan
  • 20 die in tribal clashes in Sudan’s Kordofan

    At least 20 people have died in tribal clashes in the western Kordofan region of Sudan since Thursday when members of the Arab Hamar and Misseriya tribes fought with each other near the town of Al-Nahoud.
  • Wealthy nations cancel Sudan debt worth $14 billion

    The remaining of the total $23.5 billion debt will be rescheduled and will likely be canceled in the future, says the head of Paris Club Emmanuel Moulin
  • Ethiopia’s disputed dam filling raises tension ahead of UN meeting

    Security Council meeting was requested by Tunisia on behalf of Egypt and Sudan Tunisia has also submitted a draft resolution calling on Ethiopia to cease filling the reservoir Ethiopia has started the second phase of filling the reservoir of its mega-dam on the upper Blue Nile, Egypt and Sudan said,...
  • Effort to merge paramilitary into army hobbles Sudan’s transition

    The Rapid Support Forces (RSF) were formed in 2013 to crush rebels fighting Omar al-Bashir's government The RSF largely drew its members from Arab nomads and camel-herding Janjaweed militias Integrating a powerful paramilitary force into the army has emerged as the latest stumbling block in Sudan's transition to civilian rule...
  • Food insecurity looms in Middle East, Africa: WFP

    WFP data say 41 million people faced hunger in 20201 Half a million food insecurity cases living in conditions akin to 'starvation' in the Middle East and Africa The World Food Programme (WFP)  has reported that half a million food insecurity cases are living in conditions we56akin to “starvation” in...
  • Aid for Egypt’s cotton industry, Sudan’s dairy sector

    In Egypt, the goal is to revive the cotton industry by supporting growers to cultivate sustainable cotton.  In Sudan,  dairy enterprises will be provided with technical assistance for food safety production  The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IDB), has partnered with...
  • Sudan takes first steps to economic recovery with help from Saudi Arabia, others

    Out from nearly 30-year-long international isolation, Sudan finds the crushing burden of debt being eased with help from Saudi Arabia, France and other donor countries More aid to Sudan is contingent upon it fulfilling pledges like free and fair elections and implementation of the peace agreement Saudi Arabia has pledged...