Financial and Banking News


Sudan and Gulf Interests Set Up Four Companies 

The Sudanese Government and Gulf interests have set up four joint venture companies capitalized at a total of $74mn and based in Sudan, according to Mr. Zubair Rajab, Chairman of the Sudanese Commercial and Military Company, who has recently returned from a Gulf tour. Details of these companies are as follows:

- An exploration company capitalized at $33mn to build four oil exploration...