Education for All Week Kicks Off, Enrolment Increased by 100% in a Decade
May 8, 2012
Al-Tahir Hassan Al-Tahir, the national coordinator of the Education for All Program, affirmed that Sudan is being targeted by a number of countries that wish to deteriorate Sudan by all means, citing what happened in Heglig as proof of that, confirming that education is the weapon with which we are going to fight the enemy. Al-Tahir announced during the inauguration of the Education for All Week at SUNA headquarters on 2nd May 2012, was an event that was supposed to have been held concurrently with the International Education Day on April 22nd, but it was postponed due to the aggression on...
Sudanese, Italian Investment Forum to Convene next June
May 8, 2012
Italian and Sudanese businessmen unions agreed in principle to hold a forum in Italy on chances of investment in the two countries with participation of a number of companies operating in Africa and Middle East in collaboration with the Italian embassy in Khartoum. The Secretary General of Sudanese businessmen union Bakri Yousif affirmed the importance Italy represents on the level of European and world economy, pointing out to the experiences of technology and advanced industries it has that the Sudanese market can accommodate.
During his meeting with the Italian Ambassador Armando...
Iran, Sudan underline need to expand economic, trade ties
May 8, 2012
Vice-President for International Affaires, Ali Saeedlu and Sudanese President’s advisor Nafe Ali Nafe in a statement on Monday underlined the necessity of promoting the two countries economic and trade ties.
They also called for upgrading the level of cooperation between Tehran and Khartoum in all fields of interests with an aim of strengthening mutual friendly relations.
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Sudanese Inflation Accelerates to 28.6% in April on Food
May 8, 2012
Sudan’s inflation rate increased to 28.6 percent in April from 22.4 percent a month earlier, spurred by rising food prices, the Central Bureau of Statistics said.
Prices of food and drinks, the biggest component in the consumer price index, advanced 5.5 percent from the previous month, the Khartoum-based agency in an e-mailed statement today. Sugar, corn and red meat costs recorded increases of 12 percent, 9.1 percent and 6.6 percent, respectively, it said.
The highest inflation rate was recorded in the state of North Darfur, where the figure was 48.3 percent.
Sudan has...
African Development Bank finances Lamu road corridor project
May 8, 2012
The African Development Bank (AfDB) has granted a total fund of US$12 million to assist in the execution of a road as part of the Lamu port project.
The grant funds will go towards the road component of a massive regional project known as the Lamu-Southern Sudan-Ethiopia Transport Corridor (LAPSSET).
The 800-kilometre road which will stretche from Lamu, Kenya to Lokichoggio, Ethiopia will be completed in 18 months, according to AfDB officials.
“They have to go down on the ground and mark out the road,” George Makajuma, the infrastructure specialist at the AfDB Kenya...
Finance Minister Briefs Parliament on Measures to Face Challenges
May 8, 2012
The Ministry of Finance and National Economy announced measures, taken in collaboration with the Central Bank, to address challenges Sudan’s economy has encountered.
The measures include a tight programme to manage resources with a focus on priorities, balancing expenditure among budget chapters, activating tax collection, providing strategic commodities to meet local demands and continued rationalization of foreign exchange by both the public and private sectors, said Ali Mahmoud, Minister of Finance and National Economy, in the report he submitted yesterday to the Parliament on...
Education Minister receives participants in school theater
May 8, 2012
Minister of Education Dr. Majid bin Ali Al Nuaimi received today at the Ministry’s Meeting Hall a number of members of the participating delegations at the fifth edition of Gulf School Theater Festival which is currently hosted by the Kingdom of Bahrain under the slogan of (The Gulf gathers Us … The Theater Unites Us). The Minister welcomed the audience and praised the distinguished participated theatrical works in the festival, and confirmed the role of the school theater in conveying the educational message to the students through the content of the theatrical shows, added...
Globe Express Services opens new offices to strengthen presence in key Middle East markets
May 7, 2012
This comes in line with the expected rise of the UAE logistics sector, which is anticipated to achieve an average growth of 9% each year from 2010 to 2020. A study by Frost & Sullivan further revealed that overall logistics revenues in the UAE would reach around $16bn by 2020.
Globe Express Services has opened new offices across key locations in the Middle East in accordance with the company's strategy to provide better access to world-class logistics services and solutions in the region. The company's core services include Project Logistics and Management (out-of-gauge, breakbulk,...
Sudan undaunted by costly war and loss of oil income
May 7, 2012
Khartoum Sudan's economy has not failed, President Omar Al Bashir said Sunday despite losing billions of dollars in oil revenue, and the unknown costs of a border war with South Sudan.
The International Monetary Fund has forecast Sudan's real gross domestic product to decline by 7.3 per cent this year after South Sudan separated in July, taking with it about 75 per cent of the formerly united Sudan's oil production worth billions of dollars.
Southern oil represented more than a third of Khartoum's revenues and its largest source of hard currency, leaving the government struggling...
Sudanese-UAE Economic Cooperation Discussed
May 7, 2012
Advisor of the President of the Republic, Dr. Mustafa Osman Ismail met on the sidelines of the Annual Investment Forum which opened in Dubai last Tuesday, the UAE Minister for Foreign Trade, Sheikha, Lubna Al-Gasmi and reviewed with her the development of aspects of investment in Sudan.
Dr. Mustafa, during the meeting, commended the contributions of the UAE in development in Sudan, calling on the UAE companies to benefit from the available investment opportunities in Sudan in the fields of agriculture, food, animal products and different industries.
The UAE Minister indicated that...
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