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In a $6 billion investment package, the UAE will build a red sea port in Sudan

Published On 23 Jun 2022 01:38 PM


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The package, according to Abdellatif, includes a free trade zone, a significant agricultural project, and an impending $300 million deposit to Sudan's central bank—the first such deposit since a military takeover in October.

Following the coup, Western donors cut off billions of dollars in aid and investments to Sudan, further destabilising an already fragile economy and depriving the government of desperately needed foreig....


Tags : $6 billion, investment, package, United Arab Emirates, red sea port, Sudan,
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