Sudan Financial News

12.07 / 02:59

Provident India hosts mega Arab business summit amid China’s growing eco inroads in region

China’s fast expanding economic footprint across the Arab world, with a focus on opportunities in various sectors, including healthcare, retail and infrastructure. The sixth edition of the conference is also aimed at promoting a multidirectional flow of investment and facilitating investment in areas of new opportunities, officials said.

09.07 / 20:55

Fighting Senior US diplomat to travel to Addis Ababa to discuss Sudan conflict

By Kanishka Singh

09.07 / 09:51

Facebook Citi Waves Target Fighting raid UN warns Sudan faces 'full-scale civil war' as air raid kills 22

Sudan is on the brink of a «full-scale civil war» that could destabilise the entire region, the United Nations warned Sunday, after an air strike on a residential area killed around two dozen civilians. The Ministry of Health reported «22 dead and a large number of wounded among the civilians» from the strike on Khartoum's sister city Omdurman, in the district of Dar al-Salam, which means «House of Peace» in Arabic. After nearly three months of war between Sudan's rival generals, the air strike is the latest incident to provoke outrage.

09.07 / 02:03

Citi Target FIVE Fighting raid Sudan: Air raid leaves at least 22 dead in Omdurman

Sudan, making it one of the bloodiest attacks to date in the weeks-long conflict between the Sudanese army and a rebel paramilitary organization, Al Jazeera reported. According to a statement from the health ministry, the assault took place on Saturday in a residential area of Omdurman, the city next to the capital Khartoum. Unknown numbers of individuals were injured in the attack.

06.07 / 01:35

UPS Action Over 26,000 children experience highest number of grave violations in THESE conflicts: Report

The Associated Press. Grave violations include the recruitment and use of children by combatants, killings and injuries, sexual violence, abductions, and attacks on schools and hospitals. UNICEF also expressed particular concern about their plight in Haiti, Nigeria, Ethiopia, Mozambique, and Ukraine, where Russia has been put on the UN blacklist.

08.06 / 18:33

business Government Department Of Justice FinCEN Bankruptcy US DoJ Customers US DOJ opposes bankrupt Bittrex’s plan to repay customers ahead of credited fines

The United States Justice Department (DOJ) has filed an objection to a motion by bankrupt cryptocurrency trading platform Bittrex to allow customers to withdraw their crypto and fiat. The U.S. Treasury’s Office of Foreign Asset Control (OFAC) is Bittrex’s biggest creditor, but its claim would be subordinated under the Bittrex proposal.

01.05 / 20:29

Law regulation sanctions Poloniex settlement Poloniex will pay $7.6M settlement to US authorities for 'apparent violations' of sanctions

The United States Treasury Department’s Office of Foreign Asset Control (OFAC) announced cryptocurrency exchange Poloniex has agreed to a $7.6 million settlement related to more than 65,000 apparent violations of multiple sanctions programs.

21.03 / 00:49

CBDC regulation IMF Middle east IMF examines CBDC design in context of Islamic banking, finds some risks magnified

A central bank digital currency (CBDC) can impact monetary policy by increasing money velocity, disintermediation, volatility of bank reserves, currency substitution and altered capital flows, even when it is not designed to do so, according to a study published by the International Monetary Fund. The unintended impact of a CBDC may be felt particularly acute in the Islamic banking system.

27.02 / 17:33

business Technology Adoption Energy renewable energy 7 modern technology examples that don’t need electricity

While electricity is an integral part of our daily lives, some modern technologies do not require electricity to function. These technologies rely on other energy sources, such as mechanical energy, solar energy, or kinetic energy, to operate. In this article, learn how seven modern technology examples work without electricity.

03.11 / 11:27

UPS FIVE VISA fund launches Saudi wealth fund launches $24bn tech fund

The fund, to be managed by the Public Investment Fund (PIF) is designed to boost the region's burgeoning tech and telecoms industries.

02.11 / 17:37

business Technology Food Deal Ukraine war: Moscow rejoins grain deal; Russian missile strikes continue; and UK sanctions

Here are the latest news developments from Russia's war in Ukraine.

28.10 / 14:01

UPS FIVE VISA fund launches Saudi wealth fund launches $24bn tech fund

The fund, to be managed by the Public Investment Fund (PIF) is designed to boost the region's burgeoning tech and telecoms industries.

12.10 / 15:39

Platform Bittrex Bittrex Crypto Exchange Fined for US Sanction Evasion

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed a fine of about $24 million on crypto exchange Bittrex which also had to sign a $29 million settlement with the department’s Financial Crimes Enforcement Network (FinCEN). The fines are related to the exchange’s violations of anti-money laundering regulations and sanctions on the residents of certain countries and territories.

27.09 / 09:19

us sanctions Crédit Agricole subsidiaries to settle alleged US sanctions breaches

Two subsidiaries of French bank Crédit Agricole’s corporate and investment banking arm have agreed to pay more than $1.12m in civil penalties to settle alleged violations of US sanctions, the Treasury Department said on 26 September.

29.03 / 18:05

Ban Africa Central Bank Military With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto

The Central Bank of Sudan (CBOS) cautioned the country’s citizens against dealing with “all types of cryptocurrencies” due to “the high risks” that they pose. This announcement came as a reaction to the increasing interest in digital assets among the country’s population, which has been facing three-digit inflation rates since the 2021 military coup.

31.10 / 14:03

G20 European Union COP26: 'Action now!' demand climate activists as thousands converge on Glasgow

Activists have been gathering in Glasgow to urge world leaders to turn words into action on the climate crisis, ahead of the crucial COP26 meeting over the future of the planet.

31.10 / 12:19

Volcanoes G20 Climate change G20 leaders turn to climate change on last day of summit as focus shifts to COP26

Leaders of the world's biggest economies are set to tackle climate change on Sunday, the final day of a weekend summit in Rome that is widely expected to set the tone for the crucial COP26 conference due to get underway later in Scotland.

30.10 / 21:31

G20 Thousands of protesters, including climate activists, march in Rome amid G20 summit

Thousands of climate activists and anti G-20 campaigners marched through the streets of Rome on Saturday, protesting inaction by the world's biggest economies on climate change.

30.10 / 21:31

G20 UK 'actively considering' launching legal action over France fishing row

The UK government said it was "actively considering" launching legal action under the Brexit deal if France carried out its threat to increase customs checks as the countries dispute over fishing licences.

30.10 / 19:41

G20 Children Low Expectations for COP26 are low but here's what would make it a success

World leaders are gathering in Glasgow for this year's climate conference as recent evidence suggests the world is falling behind in its effort to keep the rise in temperature low enough to avoid catastrophe.

breaking news about Sudan

What is the current situation in Sudan?

In Sudan, the spotlight is on socially significant developments that affect the region’s daily life.

Where can I find reliable news about Sudan?

We publish verified updates about the situation in Sudan, based on information from trusted sources.

What shapes the media agenda in Sudan?

The news landscape of Sudan is shaped by key decisions by local authorities, reflecting its unique context.