Sudan: Breadlines Continue to Grow, Government Expects Solution Soon

A Sudanese man hands a bag of bread to a customer at a bakery in the capital Khartoum, January 5, 2018. (File Photo: AFP)
A Sudanese man hands a bag of bread to a customer at a bakery in the capital Khartoum, January 5, 2018. (File Photo: AFP)
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Sudan: Breadlines Continue to Grow, Government Expects Solution Soon

A Sudanese man hands a bag of bread to a customer at a bakery in the capital Khartoum, January 5, 2018. (File Photo: AFP)
A Sudanese man hands a bag of bread to a customer at a bakery in the capital Khartoum, January 5, 2018. (File Photo: AFP)

The Sudanese government expected to solve the bread crisis in the next three days as people continued to wait in line outside bakeries.

According to official figures, Sudan consumes 2.5 million tons of wheat annually, 800,000 tons of which are produced locally.

The bread crisis has been ongoing for over a month due to the government’s inability to buy essential supplies that meet the basic needs of citizens such as wheat and fuel.

Sudan's ruling National Congress Party (NCP) recently took several measures in the presence of President Omar Hassan al-Bashir to resolve the crisis and end the crisis which threatens the citizens' food security.

NCP’s economic sector formed a committee to study arrangements that ensure the arrival of bread subsidy to its beneficiaries and end subsidized wheat smuggling.

The crisis, which almost led to cases of famine, could diminish within the next 72 hours, according to a source.

The NCP and its economic agencies have begun to prepare a medium-term plan to raise local wheat production and meet all other challenges such as getting fertilizers and pesticides, encouraging farmers to reach self-sufficiency in wheat production and increasing the strategic storage of wheat in the country.

The mills representative indicated that flour was available in bakeries, however, production was affected by the shortage of workers during holidays.

Asharq Al-Awsat toured several bakeries in the neighborhoods of Omdurman in the capital Khartoum where people are still waiting in queues to buy bread. All twenty-eight states of the country are suffering from shortage as bakery owners were forced to cut down on their share of flour by 30 percent in the last period, saying it is barely enough for four days a week.

The Ministry of Finance and Economic Planning announced that it was increasing subsidies of a sack of flour from 100 to 250 Sudanese pounds. Prior to that, a Russian ship loaded with wheat arrived at Port Sudan.

The ministry demanded that bakeries increase their daily production to exceed 100,000 sacks to cover the needs of the capital and other states.

Security authorities and popular forces called for taking precautions to maintain the subsidized wheat and prevent smuggling.

The government is also in dispute with the country’s largest flour supplier Sayga Flour Mills, owned by prominent businessman Osama Daoud, according to sources at the Sudanese companies that import flour.

Added to the exacerbating flour crisis is a shortage of foreign exchange currency at the Central Bank of Sudan, which recently had to borrow from some commercial banks to cover the country's needs.

Sudan’s Bakeries Union announced that bakeries received their flour quota, which indicates the crisis will be over soon. In the statement, the Union’s Sec-Gen Badreldin El-Jalal urged authorities to overcome the obstacles facing 42 mills in Khartoum to cover the state’s needs of flour, which amounts to 45,000 sacks daily.

The government supports the wheat commodity by $500 million every three months, but this does not go entirely to its beneficiaries. Wheat and flour smuggling operations are on the rise in the country. Also, frequent power outages affected production at mills by 60 percent.

Inflation in the country had reached about 64 percent in July, according to official figures.

In October, the United States lifted economic sanctions imposed on Khartoum. The decision was expected to have a positive impact, but the economy did not benefit, according to Sudanese officials, because international banks still refrain from dealing with Sudanese banks.



Egypt Plans $1 Billion Red Sea Marina, Hotel Development

This picture shows a partial view of Egypt's Red Sea city of Sharm el-Sheikh, October 7, 2025. (AFP)
This picture shows a partial view of Egypt's Red Sea city of Sharm el-Sheikh, October 7, 2025. (AFP)
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Egypt Plans $1 Billion Red Sea Marina, Hotel Development

This picture shows a partial view of Egypt's Red Sea city of Sharm el-Sheikh, October 7, 2025. (AFP)
This picture shows a partial view of Egypt's Red Sea city of Sharm el-Sheikh, October 7, 2025. (AFP)

Egypt announced plans on Monday for a new $1 billion marina, hotel and housing development on the Red Sea in a bid to boost the region's tourist industry.

Construction on the "Monte Galala Towers and Marina" project would ‌start in ‌the second ‌half ⁠of the ‌year and run for seven years, Ahmed Shalaby, managing director of the main developer, Tatweer Misr, said.

The 10-tower development - a partnership with the ⁠housing ministry and other state bodies ‌including the armed ‍forces' engineering authority - ‍would cost about 50 ‍billion Egyptian pounds ($1.07 billion), he added.

The project, also announced by the cabinet, will cover 470,000 square meters on the Gulf of Suez, about ⁠35 km south of Ain Sokhna, Shalaby said.

Egypt aims to boost total tourist arrivals to around 30 million by 2030, from around 19 million recorded by the tourism ministry in 2025.


Saudi-Polish Investment Forum Explores Prospects for Economic and Investment Cooperation

The forum brought together government officials, business leaders, and investors from both countries with the aim of enhancing economic cooperation - SPA
The forum brought together government officials, business leaders, and investors from both countries with the aim of enhancing economic cooperation - SPA
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Saudi-Polish Investment Forum Explores Prospects for Economic and Investment Cooperation

The forum brought together government officials, business leaders, and investors from both countries with the aim of enhancing economic cooperation - SPA
The forum brought together government officials, business leaders, and investors from both countries with the aim of enhancing economic cooperation - SPA

The Saudi-Polish Investment Forum was held today at the headquarters of the Federation of Saudi Chambers in Riyadh, with the participation of Minister of Investment Khalid Al-Falih, Minister of Finance of the Republic of Poland Andrzej Domański, and Vice President of the Federation of Saudi Chambers Emad Al-Fakhri.

The forum brought together government officials, business leaders, and investors from both countries with the aim of enhancing economic cooperation, expanding investment partnerships in priority sectors, and exploring high-quality investment opportunities that support sustainable growth in Saudi Arabia and Poland.

During a dedicated session, the forum reviewed economic and investment prospects in both countries through presentations highlighting promising opportunities, investment enablers, and supportive legislative environments.

Several specialized roundtables addressed strategic themes, including the development of the digital economy, with a focus on information and communication technologies (ICT), financial technologies (fintech), and artificial intelligence-driven innovation, SPA reported.

Discussions also covered the development of agricultural value chains from production to market access through advanced technologies, food processing, and agricultural machinery. In addition, participants examined ways to enhance the construction sector by developing systems and materials, improving execution efficiency, and accelerating delivery timelines. Energy security issues and the role of industrial sectors in supporting economic transformation and sustainability were also discussed.

The forum witnessed the announcement of two major investment agreements. The first aims to establish a framework for joint cooperation in supporting investment, exchanging information and expertise, and organizing joint business events to strengthen institutional partnerships.

The second agreement focuses on supporting reciprocal investments through the development of financing and insurance tools and the stimulation of joint ventures to boost investment flows.

The forum concluded by emphasizing the importance of continued coordination and dialogue between the public and private sectors in both countries to deepen Saudi-Polish economic relations and advance shared interests.


Gold Rises as Dollar Slips, Focus Turns to US Jobs Data

FILE PHOTO: An employee places ingots of 99.99 percent pure gold in a workroom at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia, September 15, 2023. REUTERS/Alexander Manzyuk/File Photo
FILE PHOTO: An employee places ingots of 99.99 percent pure gold in a workroom at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia, September 15, 2023. REUTERS/Alexander Manzyuk/File Photo
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Gold Rises as Dollar Slips, Focus Turns to US Jobs Data

FILE PHOTO: An employee places ingots of 99.99 percent pure gold in a workroom at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia, September 15, 2023. REUTERS/Alexander Manzyuk/File Photo
FILE PHOTO: An employee places ingots of 99.99 percent pure gold in a workroom at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia, September 15, 2023. REUTERS/Alexander Manzyuk/File Photo

Gold prices rose on Monday, buoyed by a softer dollar as investors braced for a week packed with US economic data that could offer more clues on the US Federal Reserve's monetary policy.

Spot gold rose 1.2% to $5,018.56 per ounce by 9:30 a.m. ET (1430 GMT), extending a 4% rally from Friday.

US gold futures for April delivery also gained 1.3% to $5,042.20 per ounce.

The US dollar fell 0.8% to a more than one-week low, making greenback-priced bullion cheaper for overseas buyers.

"The big mover today (in gold prices) is the US dollar," said Bart Melek, global head of commodity strategy at TD Securities, adding that expectations are growing for weak economic data, particularly on the labor front, Reuters reported.

Investors are closely watching this week's release of US nonfarm payrolls, consumer prices and initial jobless claims for fresh signals on monetary policy, with markets already pricing in at least two rate cuts of 25 basis points in 2026.

US nonfarm payrolls are expected to have risen by 70,000 in January, according to a Reuters poll.

Lower interest rates tend to support gold by reducing the opportunity cost of holding the non-yielding asset.

Meanwhile, China's central bank extended its gold buying spree for a 15th month in January, data from the People's Bank of China showed on Saturday.

"The debasement trade continues, with ongoing geopolitical risks driving people into gold," Melek said, adding that China's purchases have had a psychological impact on the market.

Spot silver climbed 2.9% to $80.22 per ounce after a near 10% gain in the previous session. It hit an all-time high of $121.64 on January 29.

Spot platinum was down 0.2% at $2,092.95 per ounce, while palladium was steady at $1,707.25.

"A slowdown in EV sales hasn't really materialized despite all the policy softening, so I do see that platinum and palladium will possibly slow down," after a bullish run in 2025, WisdomTree commodities strategist Nitesh Shah said.