UAE to build new port on Sudanese Red Sea coast ...Sudan

June 20, 2022 (KHARTOUM) – A Sudanese businessman revealed on Monday that he and the United Arab Emirates will build a new port on the Red Sea in Sudan, as part of a $6 billion investment project, Reuters reported on Monday. The head of DAL Group Osama Daoud Abdel Latif said that the joint venture with the Abu Dhabi Ports Group includes a free trade zone, a large agricultural project and a deposit of $300 million for the Central Bank of Sudan. The announcement of this project comes at a time when international donors suspended financial assistance and investments worth billions of dollars to Sudan to compel the coup leaders to restore civilian rule and support the democratic transition proce

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Last updated : 21 June 2022 clock 01:12 PM

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UAE to build new port on Sudanese Red Sea coast ...Sudan

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