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Investment Minister presents statement on his ministry performance in 2017 and its plan for 2018 before National Assembly

2017-11-20 06:38:00 PM
Khartoum, Nov. 20 (SUNA) - The Minister of Investment Mubarak Al-Fadil has announced enactment of a new Investment Act to engross the developments and provide additional facilities and privileges to investors, particularly in the less developed and development-targeted areas, pointing out that the ministry encourages the imports-replacement and exports-augment projects as well as granting concessions...

North Kordofan State's Wali reviews with Qatari Chamber of Commerce's Deputy Chairman joint cooperation

2017-11-20 05:24:00 PM
White, Nov. 20 (SUNA) - The Wali (governor) of the North Kordofan State Ahmed Mohamed Haroun discussed with the Deputy Chairman of the Qatari Chamber of Commerce and Industry Mohamed bin Ahmed Al-Kuwari the joint cooperation between the state and the chamber. This came during a meeting with Al-Kuwari Monday, in the presence of the Consul of the Sudan Embassy in Doha Mujahid Abdul-Rahman and Chairman...

Parliament holds deliberative meeting on exchange rate Tuesday

2017-11-20 05:13:00 PM
Khartoum, Nov. 20 (SUNA) - The Economic Sector Committees at the National Assembly are to hold a deliberative meeting on Tuesday at 6:00 pm on the economic developments in the country by focusing on the exchange rate, in the presence of the concerned parties. BH/BH

Bank of Sudan cancel license of gold mining companies involved in hard currency speculations

2017-11-19 08:09:00 PM
Khartoum, 19 Nov (SUNA) - The Bank of Sudan on Sunday issued a decision cancelling the licenses of a number of companies working in gold mining and exportation for their involvement hard currency black marketeering and speculations during the last week. On his part the central bank of the Sudan imposed fines on some Banks in accordance with the las organizing the work of the banks in the Sudan and thus...

Memo of understanding between National Upstream Company and Chinese Tianjin Company signed

2017-11-19 05:20:00 PM
Khartoum, Nov. 19 (SANA) - A memorandum of understanding was singed Friday between the National Upstream Solutions Company (NUS)and Tianjin Company (DFXK) of China was signed Sunday, in the presence of the Minister of Oil and Gas Dr. Abdulrahman Osman on financing the purchase of two 1,500-horsepower oil drilling platforms at soft payment terms extended up to three years. The General Manager of the National...

Arab-Sino Cooperation Conference to be held next Tuesday

2017-11-19 04:59:00 PM
Khartoum, Nov. 19 (SANA) - The Arab-Chinese Conference on Cooperation Prospects is due to be held at the Friendship Hall on Tuesday, 21th of the current November, under the honor of the First Vice President of the Republic and National Prime Minister Lt. Gen. Bakri Hassan Saleh. The conference is to be organized by the Association of Arab-Chinese Friendship Societies in collaboration with the African...

Minister of Electricity: Sudan is committed to the professional and scientific track of Renaissance Dam

2017-11-19 04:46:00 PM
Khartoum, Nov. 19 (SUNA) - The Minister of Water Resources, Irrigation and Electricity Muataz Musa has revealed Sudan and Ethiopia have reservations on some of the fundamental points of the preliminary consultative report on the study the economic, social and environmental impacts of the Ethiopian Renaissance Dam. The minister said that at the top of these points was what the baseline data from which...

Director of Ariab Mining Company: Outeeb Mine Contains World's Largest Copper Reserves

2017-11-17 08:53:00 PM
Khartoum, Nov. 17 (SUNA) The Director General of Ariab Mining Company, Engineer, Nasrul- Eddin al-Husien, revealed that the mine of Outeeb is containing the largest reserves of copper in the world. He added that there are about 5 million tons of copper, 140 tons of gold, 700 thousand tons of zinc, and (3) thousand tons of silver reserves, with total of reserves of about (17) billion dollars. During...

UAE Company expresses desire to invest in Red Sea's oil

2017-11-16 04:53:00 PM
Khartoum, Nov. 16 (Saba) - The United Arab Emirates (UAE) Mubadala Company has expressed desire to invest in the Red Sea area in the field of oil and gas exploration. This came during the meeting of the Minister of Oil and Gas Dr. Abdulrahman Osman Abdulrahman with the delegation of the company led by Sheikh Mansour Mohamed Al-Hamad on the sidelines of the activities of Abu Dhabi Oil Conference and Exhibition...

Transportation Minister: Channels of Dealing with US's Companies in Railways, Aviation fields Opened

2017-11-15 05:59:00 PM
Khartoum, Nov. 15 (SUNA) The Minister of Transportation, Roads and Bridges, engineer, Makawi Mohamed Awad has underlined the start of opening of channels for dealing with the United States companies, represented in the Boeing and General Electric companies working in the field of railways and aviation, indicating expectation of the signing of contracts for direct dealing. During his review to his ministry's...