Home | News    Wednesday 22 October 2014

Sudan received financial support from Saudi Arabia: minister

separation
increase
decrease
separation
separation

October 21, 2014 (KHARTOUM) – The Sudanese investment minister, Mustafa Osman Ismail, has revealed that his government received financial support from Saudi Arabia following a recent visit by president Omer Hassan al-Bashir to the kingdom.

JPEG - 37.8 kb
Sudanese President Omer al-Bashir meets with Saudi crown prince Salman Bin Abdulaziz (L) in Riyadh on 30 September 2014 (Photo: SPA)

Ismail said that some external parties which he did not name had stepped in to improve ties between Khartoum and Riyadh.

Earlier this month, Bashir concluded a 10-day visit to Saudi Arabia in which he performed the Hajj and held talks with the crown prince Salman bin Abdulaziz Al Saud.

In press statements on Tuesday, the Sudanese investment minister said that the two countries agreed on certain political and economic measures, underscoring the visit managed to push bilateral relations back onto the normal track.

The recent rapprochement with the Saudi government comes after Sudan’s decision to close the Iranian cultural center in Khartoum. The foreign ministry said that the center’s activities had exceeded its mandate and posed a threat to the intellectual and social security in Sudan.

Ismail stressed the Sudanese economy will begin to improve gradually, expecting the value of the Sudanese pound will further strengthen against the US dollar.

The minister further emphasised that the increase in the value of the Sudanese pound is not temporarily as some have predicted, attributing it to the improvement of relations with Saudi Arabia, United Arab Emirates, Kuwait and Bahrain.

The price of the US dollar dropped on the black market in Khartoum, settling at 8.50 Sudanese pounds (SDG) after reaching a high of 9.50 (SDG) during the past months.

Ismail pointed that Bashir agreed with the Saudi leadership to form a committee to resolve outstanding issues, expressing delight to improvement of ties with Saudi Arabia following a period of tepid relations.

He revealed that foreign parties, which he preferred not to name, intervened to improve relations with the kingdom, vowing to disclose names of these parties later.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article



The following ads are provided by Google. SudanTribune has no authority on it.



Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Sudan’s December Revolution is not an Arab Spring 2019-02-16 08:14:10 By Mubarak Ardol Why the Sudanese have decided to put an end to the regime which has ruled them for three decades. Why is this happing now? It is known that Mr Bashir came to power in Sudan by (...)

Sudanese Revolution: A Different political landscape and a new generation 2019-02-10 06:35:31 Sudanese Revolution: A Different Political Landscape and a New Generation Baptized in the Struggle for Change By Yasir Arman, I would like to start by thanking Jason Mosley and the Northeast (...)

Democratic reforms in South Sudan after FMs joining Kiir 2019-02-09 07:29:17 Will SPLM/A-IO, SSOA and OPP bring much-needed democratic reform after their key ally FDS give in and abandon their reform agenda; or all opposition groups are going to die down after a (...)


MORE






Latest Press Releases


Ethnic Murle politicians say enough to cattle raiding 2018-12-28 09:32:00 December 27, 2018 (JUBA) - Murle political leaders in Buma state have vowed to end the practice of cattle raiding and child abduction by individuals in the community. Jodi Jonglei, who is also (...)

CEPO: South Sudan Opposition Alliance (SSOA): Stop politics of split and focus on R-ARCSS implementation 2018-12-26 09:53:29 26th December, 2018. South Sudan Opposition Alliance internal leadership change frication is disturbing and demoralizing public opinion. The big question CEPO is raising, will SSOA be a strong (...)

Progress observed at end of second month of R-ARCSS implementation 2018-10-22 06:44:02 Press Release 21 October 2018 South Sudanese government released 24 detainees in the implementation of the revitalized peace agreement said the International Committee of the Red Cross (ICRC) (...)


MORE

Copyright © 2003-2019 SudanTribune - All rights reserved.