Sudan: CBOS Affirms Application of Circular on Real Estate Financing for Sudanese Working Abroad

Gms: Khartoum, 23 March 2018 (Smc)

The Central Bank of Sudan (CBOS) has affirmed validity of its circular on real estate financing for the Sudanese working abroad, denying in a press statement on Thursday what had been circulated on stoppage of the circular.


The CBOS issued a circular on real estate financing for the Sudanese working abroad at the instructions of the President of the Republic made at meetings on controlling foreign exchange rate according to which the central bank allowed the commercial banks to extend the services.
The circular is issued after consultations with the Secretariat of Sudanese Working Abroad, Sudanese Banks Union and the Housing Fund.
CBOS Governor Hazim Abdul-Gadir said the circular comes in response to demands by the Sudanese working abroad, which they made during their last conference held in Khartoum.
He pointed out that the move would help in attracting savings and resources of the Sudanese working abroad to boost the national economy.

Source: svdaily


Gms: Khartoum, 27 March 2018 (Smc)

Sudan and Qatar on Monday signed a $4-billion agreement to develop the former Ottoman port city of Sawakin in northeastern Sudan.

“The agreement was signed in line with instructions of the leadership in both countries on the necessity to boost joint cooperation in the fields

Gms: Khartoum, 26 March 2018 (Smc)

The Sudan Gum Arabic Company has disclosed an increase on both production volume and exports of the crop this season due to incentives provided to producers and their support through giving them profitable prices besides provision of basic services at the belt area.

Gms: Khartoum, 25 March 2018 (SUNA)

A data analysis and performance review workshop organized by the African Organization of Supreme Audit Institutions (AFROSAI) in cooperation with the Sudanese National Audit Bureau was concluded today at the Corinthia Hotel in Khartoum.

Gms: Khartoum, 25 March 2018 (SUNA)

The Conference of Directors of State Planning Departments organized by the General Administration for Agricultural and Economy Planning convened under the slogan "Plans, Policies and Agricultural Information Basis for Sustainable Development" was attended by all planning directors

Gms: Khartoum, 24 March 2018 (SUNA)

Eng. Falah Adam, the governor of the locality of Abu Hujar in the state of Sennar, launched the supply of electricity to seven villages in Abu Hujar in the framework of the state's plan to supply electricity to the villages and deliver the various services to them.