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UAE investments in Sudan over $1 billion

UAE’s investments in Sudan have surpassed the US$1billion mark except in the oil and minerals sectors. It is expected, however, that a US$500 million will be injected into the Sudanese market during the current year in the form of investments.

 

According to sources in the Sudan's stock market, about 70 per cent of two new banks’ share capital worth US$300 million, are owned by UAE businesses.