UN Chief Calls on Rich Nations to Implement Global Vaccine Task Force

The U.N. secretary-general called on the world’s largest economies Wednesday to create a task force to plan and coordinate a global COVID-19 vaccination plan.? “The world urgently needs a global vaccination plan to bring together all those with the required power, scientific expertise and production and financial capacities,” Antonio Guterres told a high-level virtual meeting of the U.N. Security Council on the global vaccine rollout. “I believe the G-20 is…

Economic expert expects fall of Sudanese Pound

In an interview with Radio Dabanga, economist Sadagi Kabalou attributed the fall of the Sudanese pound in the past week to the formation of the new government and speculation by currency dealers. He called on the government to take urgent measures to reduce the demand for the dollar, including preventing the import of luxury goods.Kabalou called for public companies to take over export operations. Livestock export must be “taken away…

Economic hardship, peace implementation top agenda of Sudan’s new cabinet

The second transitional government will work to achieve the goals of the transitional phase, at the top of which ending the economic hardship and ensuring peace full implementing, said the cabinet minister on Wednesday.The new cabinet ministers took the oath on Wednesday, at the Republican Palace, in presence of the Chairman of the Transitional Sovereign Council Abdel Fattah al-Burhan, Prime Minister Abdallah Hamdok, and Chief Justice Nemat Abdallah Mohamed Khair.Speaking…

South Sudan issues new banknotes amid rising inflation

South Sudan’s Central Bank on Tuesday issued a 1,000 South Sudanese Pound banknote as it struggles with hyperinflation amid dwindling foreign reserves. Speaking to reporters in the capital, Juba, the Central Bank governor, Dier Tong Ngor said the bank will henceforth embark on a nationwide campaign to educate the public on the new notes. "It is in the view of the need to make our currency more convenient to use…

kEgyptian embassy in Denmark organizes seminar on GERD

The Egyptian Embassy in Denmark organized on Wednesday10/2/2021 a seminar on the Grand Ethiopian Renaissance Dam with the participation of a galaxy of Danish experts and statesmen.The event tackled the impact of the dam on the two downstream countries, namely Egypt and Sudan, Spokesman for the Foreign Ministry Ahmed Hafez said.He added that the seminar comes as part of Egypt's efforts to reach a fair and balanced deal on the…

Diraya” Campaign Launches Video Addressing e-Crimes

Keen to enhance financial awareness among all segments of our society, and in its efforts to bolster the banking sector’s social responsibility, the Central Bank of Kuwait (CBK) continues to oversee activities of “Be Aware” Campaign (Diraya in Arabic). The campaign, recently launched under CBK supervision in cooperation with Kuwait Banking Association (KBA) and with the participation of all Kuwaiti banks, aims to raise public awareness on the role of…

South Sudan seeking to revive power sector

(JUBA) - South Sudan has embarked on power sector development in a bid to transform its electricity market as part of efforts to increase access to electricity across the country.The move, officials say, will involve the implementation of the South Sudan Electricity Master Plan to expand power distribution systems.South Sudan reportedly facing a deficit of approximately 170 MW, one of the nations with the lowest electricity access rates globally.According to…