Sudan-Linked Shares Jump on Sanctions End, DSI Boosts Dubai

Reuters | Oct 8, 2017 * Sudatel, Al Salam Bank Sudan soar in UAE * Petchems pull back, weigh on Saudi * But NADEC surges on possible merger with Danone partner * Qatar index rebounds sharply from near 8,000 points * Arab Cotton Ginning leaps in Egypt By Andrew Torchia DUBAI, Oct 8 (Reuters) –

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Sudan to Extend Ceasefire Through End-December

October 8, 2017 KHARTOUM (Reuters) – Sudan will extend a unilateral ceasefire with rebels until the end of December, state news agency SUNA reported on Sunday, just days after the United States lifted 20-year-old sanctions tied to progress on resolving ongoing conflicts. Fighting between the army and rebels in Kordofan and Blue Nile regions broke

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How will lifting of US sanctions affect Sudanese?

Sudanese residents were cautiously optimistic after the United States lifted decades-old sanctions against the country, but questions remained over how the decision would translate into daily life. The financial sanctions had put limits on international banking transactions and the exchange of technology and spare parts, and imposed other trade rules that stymied growth and left

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South Sudan says U.S. lifting of trade sanctions on Sudan will improve trade

South Sudan on Sunday lauded the United States lifting of the two-decade trade sanctions on neighboring Sudan as it will improve trade and economic development in the region. Ministry of Foreign Affairs spokesman Mawien Makol told Xinhua on Sunday that the two countries have already been cooperating on improving oil and trade to benefit their

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The African Union welcomes the removal of U.S. economic and trade sanctions on Sudan

Addis Ababa, 7 October 2017: The Chairperson of the Commission of the African Union (AU), Moussa Faki Mahamat, welcomes the decision by the Government of the United States of America to permanently lift the economic and trade sanctions imposed on Sudan since 1997. These sanctions had a negative impact on the country and the lives

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Joint statement from Norway and the UK welcoming the lifting of US economic sanctions on Sudan

Norway and the United Kingdom welcome the decision taken by the United States Government to permanently lift the bilateral economic sanctions imposed on Sudan. This is a historic decision that will pave the way for more inclusive economic development for Sudan’s people. We congratulate the Government of Sudan on this decision, which reflects their efforts

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Washington: Sudan Knows What to Do to be Removed from Terror List

Senior US Envoy for Sudan said on Saturday that the African country “knows well” what it should do in order to be removed from Washington’s list of states sponsoring terrorism. US charge d’affaires to Khartoum Steven Koutsis said: “The government of Sudan knows fully well what it has to do to remove it from the

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Turkey welcomes US decision revoking Sudan sanctions

The Turkish Foreign Ministry on Sunday welcomed the revocation of U.S. economic sanctions imposed on Sudan. According to the ministry’s statement, Turkey “welcomes this development that constitutes a turning point in U.S.-Sudanese bilateral relations”. “We believe that the revocation of the sanctions on Sudan will positively reflect on peace, stability and welfare in Sub-Saharan Africa”,

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Sudan Parliament To Hold Emergency Session on Sanctions Lifting

SMC- Sudan’s national legislature has decided to hold  an emergency session on Sunday in the National Assembly  to discuss the US decision to lift economic sanctions on Sudan. Media advisor of the National Council in Sudan, Abdul Majid Harun, said in press statements that the permanent joint committee between the National Assembly and the Council

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UNAMID welcomes the decision to lift economic sanctions on Sudan

Zalingei, 8 October 2017 — UNAMID welcomes the US Administration’s decision to lift most economic sanctions imposed on Sudan. The decision, which ends more than two decades of economic sanctions, is hoped to contribute significantly to the betterment of the lives of the Sudanese people; including the population we serve in the Darfur region. UNAMID’s

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