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News and Press ReleasesSaudi Arabia provided financial support to Sudan: Sudan’s Investment Minister reveals

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Saudi Arabia provided financial support to Sudan: Sudan’s Investment Minister reveals

10-22-2014, 04:53 PM
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Saudi Arabia provided financial support to Sudan: Sudan’s Investment Minister reveals

    Khartoum-Sudan’s Investment Minister, Mustafa Osman Ismail, revealed on Wednesday Sudan’s Investment Minister at Sudan obtained Saudi financial support following the recent visit of Sudan’s President Omar Al-Bashir to Saudi Arabia, saying that a third party intervened to improve relations between Khartoum and Riyadh.
    In a press statement, Ismail added the tow parties agreed during on political and economic commitments, stressing that the visit succeeded in return of the relations between the tow countries to their normal
    The relations between Saudi Arabia and Sudan experienced deadlock due to Riyadh reservations about Khartoum’s link to Tehran.
    Observers said that Sudanese Government's decision to shut down the Iranian cultural centre in Khartoum may improve relations between the two countries.
    Ismail said that the Sudanese economy will see an improvement from today but he noted that the improvement will be gradual.
    He expected further declines in the price of foreign currency against Sudanese pound, attributing the decline to improving of Sudan's relations with Saudi Arabia, UAE, Kuwait and Bahrain.
    He disclosed that Al-Bashir conducted meetings with Saudi leaders, adding that a Committee has been formed to listen to Sudan’s Government
    Last year, Saudi Arabia closed its airspace to the plane carrying Sudanese president Omer Al-Bashir on his way to Iran where he was scheduled to attend the inauguration ceremony of president-elect Hassan Rouhani thus forcing him and his delegation to return home.
    Observers speculated that Sudan’s growing ties with Iran could have irked the Saudis prompting them to block Bashir’s flight.
    Sudan has allowed Iranian warships to dock in Port Sudan three times over the last year and a half, drawing concern by the United States and its allies in the Gulf.
    The mostly Sunni Muslim Arab Gulf states are wary of Iranian influence in the Middle East, fearing the Shiite-led country is seeking regional dominance that will stir sectarian tensions.
                  

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