Sudan News Gazette

Updates from Sudan!

Buying & Selling

Buying & Selling

ADGM continues efforts to ensure a seamless transition for Al Reem businesses with Second Community Event

ABU DHABI: Following the success of its inaugural event, ADGM, the international financial centre, hosted its second Al Reem Island Business Community Event. This event underscores ADGM’s ongoing commitment to engaging with local businesses and suppor…

Buying & Selling

Central Bank of Egypt decides to keep key policy rates unchanged

CAIRO: In its meeting today, the Central Bank of Egypt’s Monetary Policy Committee (MPC) decided to keep the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 27.25 percent, 28.25 percent, and 27.75 …

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Sharjah Islamic Bank reports 25.8% Increase in net profit for H1 2024

SHARJAH: Sharjah Islamic Bank (SIB) announced an increase in its net profit by 25.8%, amounting to AED622.4 million for the first six months of 2024, compared to AED494.6 million for the same period of the previous year. Net profit after tax amounted …

Buying & Selling

Central Bank of Egypt decides to keep key policy rates unchanged

CAIRO: In its meeting today, the Central Bank of Egypt’s Monetary Policy Committee (MPC) decided to keep the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 27.25 percent, 28.25 percent, and 27.75 …

Buying & Selling

100 agreements worth 106.1 bn rubles concluded in Caucasus Investment Forum

GROZNY: Participants in the Caucasus Investment Forum (CIF) signed 100 agreements, including 7 with foreign authorities and companies, worth 106.1 billion rubles.

The CIF was held from July 15 to 17 under the theme ‘The Greater Caucasus: From Sea to …

Buying & Selling

Sanad logs AED2.3 billion in revenue during H1 2024

ABU DHABI: Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala), today announced its impressive performance for the first half of 2024. This ach…

Buying & Selling

Mashreq Bank allocates additional AED1 billion in financing for industrial companies

ABU DHABI: Mashreq Bank has allocated an additional AED1 billion in financing solutions to enhance the country’s industrial sector’s growth and support its competitiveness and productivity.

This aligns with the objectives of the National Strategy for…