UAE, Saudi Arabia provide $US3 billion in assistance to Sudan

Riyadh: The UAE and Saudi Arabia have announced a joint initiative to support the brotherly people of Sudan. The initiative will see the delivery of US$3 billion in assistance to Sudan.

According to the UAE News Agency (WAM), the assistance bundle entails $500 million deposit into Sudan’s central bank to strengthen the country’s liquidity and monetary reserves.

The remaining amount will be dedicated to supporting the people of Sudan, across food, medicines, and fuel derivatives.

Source: Bahrain News Agency