Higher taxes and mounting competition are also posing challenges for the African country's three major telecoms players as they battle to tap the potential of a relatively underpenetrated market.
June 19, 2012 5:20
The Saudi-based Islamic Development Bank (IDB), Saudi lender Dallah Albaraka Group and Qatar have signed an agreement to launch an Islamic bank, officials said on Tuesday
April 4, 2012 8:59
George Clooney’s arrest for protesting against violence in Sudan has prompted Kipp to look out who might bail him out. Would Jordan’s Queen or Azerbaijan’s First Lady do it?
March 18, 2012 4:32
Sudan has lowered its oil transit fees demand to $32.20 a barrel in a bid to resolve a row that has shut in South Sudan's output, Sudan's oil minister said on Tuesday, but the two sides remained far apart as talks continue in Ethiopia.
March 13, 2012 1:54
An international conference to drum up investment in Sudan has been called off after the United States and other powers signalled they would not attend in protest over Sudan's crackdown on rebels, diplomats and officials said on Sunday.
March 12, 2012 1:51
A ship carrying disputed Sudanese crude remained anchored off southwest Japan on Tuesday, despite a British court ruling giving the tanker permission to unload, three shipping sources said.
February 21, 2012 4:41
China, the biggest investor in oilfields in the new nation of South Sudan, called for "calm and restraint" as a transit fee dispute threatened to cut off crude exports from the African producer.
January 22, 2012 11:18
Thirteen people were killed when a residential building collapsed in Beirut and rescue workers were searching on Monday for people believed still buried under the rubble, Lebanese officials said.
January 16, 2012 12:54
Sudan plans to increase oil production to 180,000 barrels a day by the end of the year by using more efficient technology and improving the recovery rate, a senior official said on Sunday.
January 15, 2012 2:20
Former PM says crisis worse than mid-80s; Sees risk of violence if mass protests break out; Risk of 'proxy war' between north and south
December 13, 2011 11:36
When North Sudan losing 75 percent of oil output when the South seceded, fighting continues while food price inflation angers ordinary Sudanese.
October 9, 2011 8:00
Iran wants to give economic support to Sudan and help improve infrastructure in the African ally that has been hit hard by an economic crisis, Iran's President Mahmoud Ahmadinejad said on Monday during a visit to Khartoum.
September 27, 2011 1:08
Sudan asks Arab states for bank deposits - central bank governor; Sees cuts of 25 in government expenditure this year
September 17, 2011 3:33
Sudan will face some budget difficulties due to its recent split into two countries, but the deficit may not exceed 3 percent of gross domestic product as spending should decrease, its finance minister said on Wednesday.
September 7, 2011 11:41
South Sudan said demands by the north to impose a transit fee of $22.80 a barrel amounted to "broad daylight robbery".
July 26, 2011 10:01