Qatar pledges to invest $2bn in Sudan

2012-03-08 08:55
Doha - Qatar has promised to invest $2bn in Sudan, the official QNA news agency reported on Wednesday, as Sudanese President Omar al-Bashir visited the gas-rich Gulf state.

A Qatari government delegation is to travel to Khartoum "in the coming days... to discuss the details of Qatari investments in Sudan of up to $2bn," QNA said.

The investments, agreed during a meeting between Bashir and Qatari emir Sheikh Hamad bin Khalifa Al-Thani, would be carried out in "the purchase and placement of treasury bonds in different sectors, among them mining, oil, agriculture and services", the report added.

Sudan's economy has been reeling since South Sudan gained independence last year, taking with it most of the country's oil production - formerly Khartoum's main foreign currency earner.

Bashir, who is wanted by the International Criminal Court on suspicion of war crimes in Darfur, has travelled many times to Qatar, which brokered a peace agreement last year with one rebel faction in the war-torn region.

Read more on:    omar al-bashir  |  sudan  |  qatar  |  east africa
NEXT ON NEWS24X

SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Inside News24

 
/News
Horoscopes
Aquarius
Aquarius

The moon moves into your sign today emphasising your brilliant fast paced and innovative mind. Nervous tension can be a problem if...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.