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Top Sudan News

  • Global oil traders nervous as Sudan oil spat drags


    Global oil traders are nervously watching a dragging dispute over compensation between Sudan and breakaway South Sudan, whose impact reaches beyond major buyer China, analysts say. AFP - 03Feb 11:57GMT
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  • IMF cuts growth forecasts


    On 24 January 2012, the IMF cut its forecasts for global growth and warned of a deeper downturn worldwide if Europe does not take stronger action to stem its debt crisis. The global economy will now expand 3.3% y-o-y in 2012, down from 3.8% in 2011 (IMF's September forecast estimated a growth of 4.0% y-o-y in 2012), and warned that that it could drop as low as 1.3% y-o-y if Europe's problems persist. Press Release - 03Feb 11:56GMT
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  • Sudan dam protest at president's doorstep


    Supporters of residents displaced by a dam north of Khartoum took their long-running protest to the doorstep of Sudan's president on Thursday. AFP - 03Feb 07:45GMT
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  • US condemns bombings in Sudan's S. Kordofan, Blue Nile


    The White House on Thursday condemned the "unjustified and unacceptable" bombing of civilians by the Sudanese military in the states of Southern Kordofan and Blue Nile. AFP - 03Feb 07:31GMT
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  • Oil blockade piles pressure on Khartoum


    The decision by South Sudan's newly independent government to shut down oil production has placed it on a collision course with erstwhile civil war enemies in Sudan from which neither side can benefit. Financial Times - 03Feb 06:46GMT
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  • South Sudan violence major concern: UN aid chief


    UN humanitarian chief Valerie Amos Thursday visited conflict-ridden regions of South Sudan, voicing concern over the violence that threatens to destabilise the world's youngest nation. AFP - 02Feb 08:01GMT
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  • Mideast carriers record 11.1% growth in demand in Dec 2


    Middle Eastern airlines recorded the strongest year-on-year growth in passenger demand for the third consecutive month in December, according to the International Air Transport Association (IATA). Khaleej Times - 02Feb 06:57GMT
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  • ME rail projects on fast track


    The Middle East and North Africa region is currently one of the world's fastest growing markets for rail networks and the development plans for the next 10 years will change the business landscape of the region. Khaleej Times - 02Feb 06:48GMT
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  • Mideast airlines' expansion slows


    Middle Eastern carriers' traffic growth and expansion slowed down last year hurt by cut-throat competition on the regional routes, according to the International Air Transport Association (Iata) figures released on Wednesday. Emirates 24|7 - 02Feb 06:26GMT
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  • MENA telecommunications infrastructure fund sees strong investment opportunities


    The need for broadband capacity in the MENA-region (Middle East & North Africa) is rising exponentially as demand for data transmission in key markets is rapidly growing. According to MENA Telecom Infrastructure Fund (Menatif) the MENA broadband market makes for a great investment opportunity. Press Release - 01Feb 08:43GMT
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Zawya Select
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Bonds
The unnoticed little brother
The MENA bonds market is active, volatile and liquid. But it's still overshadowed by equity, Bassel Barbir, senior trader on the fixed income desk at MENA Invest Lebanon, tells Zawya in an interview.
 
 
Funds
Launches, AUM shrink
Fewer mutual funds were launched in the MENA region in 2011 compared to the previous year, with equity-oriented funds continuing to maintain the leadership, writes Sarah El Jamal, research analyst at Zawya.
 
 
Economy & Politics
Urgency to create jobs
Youth unemployment is rampant in Arab countries. Despite an average rise in gross domestic product of 5 per in the past decade - twice the world's average - the jobless rate among young people is 25 per cent, and this rises to 30 per cent for women, according to the World Bank.
 
 
 
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