Cairo: On June 21, it emerged that the United Arab Emirates would build a new Red Sea port in Sudan as part of a $6 billion investment package. DAL group chairman Osama Daoud Abdellatif said that the package includes a free trade zone, a large agricultural project, and an imminent $300 million deposit to Sudan’s central bank, which would be the first such deposit since the military takeover.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

11 killed, thousands hurt during Iran fire festival

Tehran: Eleven people were killed and more than 3,500 injured during celebrations…

Pakistan’s active Covid-19 cases fall to one-year low

The number of active COVID-19 cases in Pakistan has dropped to 14,862,…

‘Target Israel and we will target you’: Republicans tell ICC over warrants

A group of US Republicans has sent stark warnings to the International…

Russia-Ukraine war: Kyiv’s forces claw back in Kherson

On Monday, Ukrainian forces advanced into Kherson. This is one of the…