AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)
Markets

Saudi, UAE offer Sudan 540,000 tonnes of wheat

RIYADH: Saudi Arabia and the United Arab Emirates are providing Sudan with 540,000 tonnes of wheat as part of aid pr
Published August 7, 2019

RIYADH: Saudi Arabia and the United Arab Emirates are providing Sudan with 540,000 tonnes of wheat as part of aid promised following longtime leader Omar al-Bashir's overthrow, their state media said Wednesday.

Both countries "allocated 540,000 tonnes of wheat to the Sudanese people, meeting the population's basic food requirements for three months", the Saudi Press Agency and the UAE's WAM news agency said.

"The first and second batch comprising of 140,000 tonnes of wheat have already been shipped."

The wheat was part of $3 billion worth of aid pledged by the oil-rich Gulf states in April after Bashir's ouster.

Both countries promised to inject $500 million into the Sudanese central bank and $2.5 billion to help provide food, medicine and petroleum products.

They did not specify if the money was a gift or a loan.

Sudan plays a key role in the regional interests of Saudi Arabia and its allies, siding with Riyadh against Shiite Iran and providing troops in the Saudi-led coalition fighting in Yemen's war.

Both Gulf nations have voiced backing for Sudan's military rulers, who faced calls from protesters to cede power to a civilian transitional government.

On Sunday, Sudan's ruling generals and protest leaders signed a hard-won constitutional declaration, paving the way for a transition to civilian rule after months of demonstrations and violence.

The deal was welcomed by Abu Dhabi and Riyadh, which hailed it as "a quantum leap that will transition Sudan to stability and security".

Copyright AFP (Agence France-Press), 2019

Comments

Comments are closed.