FINANCIAL NEWS

Abu Dhabi fund injects USD400mn into Sudanese bank

24 Jan 2017

(MENAFN) Abu Dhabi Fund for Development has inked Dh1.47bn into the Central Bank of Sudan in order to secure increased liquidity and stimulate growth in the N. African nation.

Accordingly, over the past few decades, the UAE has supported the long-term socio-economic development efforts of the Sudanese government.

Additionally, the UAE supported the Sudanese people and also assistance in overcoming financial and economic challenges in the country.

Meanwhile, a national org owned by the Abu Dhabi government has been driving sustainable development activities in Sudan amid key sectors, like energy and transport.
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