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News and Press ReleasesFlow of resources from Gulf Stats come the country: Sudan’s Central Bank

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Flow of resources from Gulf Stats come the country: Sudan’s Central Bank

04-12-2015, 03:24 PM
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Flow of resources from Gulf Stats come the country: Sudan’s Central Bank

    03:24 PM Apr, 12 2015
    Sudanese Online
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    The Governor of Sudan’s Central Bank, Abdel Rahman Hassan, announced flow of resources from a number of countries, including Saudi Arabia and the UAE, revealing the recovery of the foreign exchange resources with expansion of dealing of the Gulf banks with the commercial banks in Sudan.
    In a press statement on Saturday, Hassan called for further expansion of banking cooperation with Gulf States to include ATMs in Saudi Arabia, especially with the presence of large numbers of Sudanese expatriates in United Kingdom.
    He dismissed the reports that indicated that all Gulf States banks have severed ties with their Sudanese counterparts, stressing that the cooperation now expanded with recent diplomatic movements.
    It should be noted that some reports published two days ago indicated that some Arabic funds and financing institutions will start in a few days future financing of agricultural projects in the Sudan within the framework of the improvement of relations with Saudi Arabia after Khartoum’s government announced its participation in the Saudi-led military coalition against the Iranian-backed Houthi rebels in Yemen.

    Sudan’s Central Bank
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