The Minister of Finance and National Economy Badr-Eddin Mahmoud Abbas has discussed with the delegation of Beirut Bank in Australia ways of cooperation between the bank and the banking system in Sudan. The minister said, when he met at his office Sunday the Chairman of Beirut Bank's Board of Directors Salim Sefeir and its General Manager Fuad Shakir, that the bank has earlier cooperated with Sudan in extending facilities for export of a fair amount of strategic goods, calling on the bank to urge Australian investors to come to Sudan invest in wheat cultivation through modern technology. He hoped realization of stability in Lebanon as well as other Arab countries, adding that the visit will have a positive impact on cooperation between Sudan and Lebanon. Sefeir, meanwhile, explained that the bank would extend credits for the Arab investors to contribute to the implementation of the initiative of President Al-Bashir aiming to realizing Arab Food Security through investing in agriculture in Sudan. He said that Sudan economy started recovery and going on the increasing growth, revealing that Beirut Bank extended credits to an Arab investor to cultivate wheat and fodder at the Northern State in area of 20,000 acres and then to be exported to the Kingdom of Saudi Arabia, the United Arab Emirates. Sefeir stressed that the Investment Act in Sudan became attractive and motivated to the investors, pointing out that the Bank of Beirut continues its cooperation with the banking sector in organization of a number of training courses for commercial banks and the Central Bank in Sudan.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor