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Source: Sudan Tribune

Jūbā :: Sudan | updated 2014-07-29 00:35:42 -0700 | business-news

The South Sudanese government says it would not relent to recent demands for suspension of all new oil contracts, arguing that such a decision was not in the country's best interest. South Sudan oil minister, Stephen Dhieu Dau, speaks in...
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Source: PR Newswire

Umm Durmān :: Sudan | updated 2014-07-20 18:29:31 -0700 | business-news

One flag company in alone supplied over 50 million flags to , with many of its orders placed through the Canton Fair, 115 th Canton Fair made good its promise to boost trade competitiveness. While the overall value of business...
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Source: Sudan Tribune

Khartoum :: Sudan | updated 2014-07-19 20:28:20 -0700 | business-news

The Sudanese government and oil companies operating in South Sudanese oilfields have reached on Saturday an agreement whereby Khartoum will receive $183 million within two weeks from the oil companies in exchange for carrying oil through Sudanese territory.
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Source: Sydney Morning Herald

Wāw :: Sudan | updated 2014-07-19 20:06:16 -0700 | business-news

The head of the women's affairs office in Kunduz, Nederah Geyah, who actively campaigned to have the young girl protected from her family and the mullah prosecuted, resigned May 21 and moved to another part of the country. The case...
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Source: MarketWatch

Khartoum :: Sudan | updated 2014-07-17 03:11:28 -0700 | business-news

The bank's activities contributed mightily to the financial crisis that devastated our economy in 2008. And for this, Citi will fork over roughly six months' earnings. Neither Citigroup nor any of its employees are off the hook for criminal prosecutions,...
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Source: Sudan Tribune

Khartoum :: Sudan | updated 2014-07-16 00:10:31 -0700 | business-news

KWD ($47.2 million) loan agreement to finance establishment of integrated laboratories for the mining sector in Sudan. The two sides also signed a 25 million KWD ($85 million) loan agreement in July, 2013 to finance the heightening of Rossaires Dam....
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Source: Aantara.co.id

Khartoum :: Sudan | updated 2014-07-13 14:50:59 -0700 | business-news

Sudan has offered Indonesian businessmen the opportunity to invest in energy, considered one of the most attractive for investment, not least because of the possibilities in petroleum production and refining. In announcing these opportunities, Ambassador of Sudan to Indonesia Abd...
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Source: Arab News

Umm Durmān :: Sudan | updated 2014-07-12 14:23:10 -0700 | business-news

The Court of Appeals has upheld a ruling passed by the Administrative Court in the Eastern Province ordering Saudi scammer Juma Al-Juma to reimburse investors the amount of funds he owed them with 27 percent interest, local media said. Under...
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Source: Sudan Tribune

Khartoum :: Sudan | updated 2014-07-10 22:38:50 -0700 | business-news

The UK-based Global Witness warned that South Sudan is in the process of racking up more debt of which the bulk of it is not going to be used towards development items. On the third anniversary of its independence, South...
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Source: Africa Headlines

Umm Durmān :: Sudan | updated 2014-07-08 05:34:27 -0700 | business-news

Ads by Google Juba South Sudan Minister of Finance Aggrey Sabuni Tisa urged the country to diversify its economic base so that it collects more revenues from sources other than oil as he presented the 2014-15 budget to lawmakers this...
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Source: Sudan Tribune

Khartoum :: Sudan | updated 2014-07-08 00:51:18 -0700 | business-news

The Central Bureau of Statistics in Sudan reported that inflation rose to 45.3% in June compared to 42% in May. The markets witnessed a wave of price increases over the past few weeks and consumers complained of a steady rise...
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Source: Sudan Tribune

Jūbā :: Sudan | updated 2014-07-02 23:25:30 -0700 | business-news

South Sudan's finance minister, Agrey Tisa Sabuni, tabled the 2014-15 annual budget before parliament on Wednesday. The government's biggest expenditure in the 2014-15 budget is the salaries of government employees, including the army and other organised forces (Photo: Phillip Dhil/EPA)...
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Source: Contra Costa Times

Umm Durmān :: Sudan | updated 2014-07-01 17:09:30 -0700 | business-news

07/01/2014 03:40:53 PM PDT Updated:   07/01/2014 03:40:53 PM PDT Google Executive Chairman Eric Schmidt, fresh from a visit to Havana, has described the Internet in Cuba as "trapped in the 1990s," heavily censored and with a weak infrastructure dominated...
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Source: Arizona Daily Sun

Umm Durmān :: Sudan | updated 2014-07-01 21:17:18 -0700 | business-news

World stock markets turned higher after reports showed manufacturing activity grew in the U.S. and China. In Europe, shares in BNP Paribas rose after the French bank said it had enough funds to pay a nearly $9 billion settlement of...
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Source: Guardian Unlimited

Umm Durmān :: Sudan | updated 2014-07-01 00:54:48 -0700 | business-news

The penalty is thought to be based on $30bn of transactions processed to Sudan, Iran and Cuba. Photograph: John Schults/Reuters US authorities were expected to impose a record-breaking fine of almost $9bn (£5.2bn) on BNP Paribas, France's biggest bank, for...
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