'Friends of Sudan' Postpones Donors’ Conference to Next June

Sudanese civilians wave their national flags during celebrations of the signing of the Sudan's power sharing deal, in Khartoum, Sudan (Reuters)
Sudanese civilians wave their national flags during celebrations of the signing of the Sudan's power sharing deal, in Khartoum, Sudan (Reuters)
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'Friends of Sudan' Postpones Donors’ Conference to Next June

Sudanese civilians wave their national flags during celebrations of the signing of the Sudan's power sharing deal, in Khartoum, Sudan (Reuters)
Sudanese civilians wave their national flags during celebrations of the signing of the Sudan's power sharing deal, in Khartoum, Sudan (Reuters)

The “Friends of Sudan” group promised to offer great support for the transitional government in Sudan to overcome the obstacles facing the country's transitional period and decided to postpone the donors' conference to June.

Sudanese Minister of Finance Ibrahim al-Badawi said: “Friends of Sudan” had agreed in the Stockholm meetings to hold the donors' conference on June 2020 and promised to disclose the sums expected to be donated to assist the government of Prime Minister Abdalla Hamdok.

The Minister described the Stockholm meetings as “successful”, adding that the coming donors' conference will be held following the meeting of the societal economic conference in Sudan, scheduled for March.

Badawi affirmed that Sudan's partners and friends have promised to provide considerable support to the country, indicating that he participated earlier in meetings organized by ''Friends of Sudan'' in Sweden.

The meetings would be followed by another one in Paris during which specified commitments are expected to be announced for the donors' conference scheduled for the first half of next June, according to the Minister.

Badawi stressed that donor countries can now extend their contribution after consultations with concerned ministries.

The “Friends of Sudan” was established in 2018 as an informal group, then it gained official status after the outbreak of the revolution in 2019. It includes a group of countries and organizations committed to joint action to provide support to the transitional government in the country.

Meanwhile, a member of the Transitional Sovereign Council of Sudan, Siddiq Tawer, inaugurated Tuesday the 5th International Mining Business Forum and Exhibition in Khartoum, with the participation of 55 international companies.

Tawer called for promoting the mining sector in Sudan by taking advantage of modern technologies, adding that this year’s conference takes place in light of new political and economic conditions after the December revolution.

The official pointed out that the civil mining is one of the challenges that affect the environment, and this sector needs to be managed in a special way that provides alternatives to transition to a more productive and harmless field for the environment and health of workers.

He cautioned against using the cheap technology that destroys the environment, explaining that the transitional government's strategy focuses on training and providing job opportunities for young people.

The three-day forum is organized by the Sudanese Ministry of Energy and Mining, represented by the Public Authority for Geological Research, and seeks to develop the sector and attract investments.

Also at the conference, the Sudanese Minister of Energy and Mining, Adel Ali Ibrahim hoped 2020 will be a year for mining, stressing that with efforts between the relevant authorities, the mining sector will occupy the leading and pioneering role in the Sudanese economy.



GASTAT: Saudi Industrial Production Index Increases by 3.4% in November 2024

GASTAT publishes the IPI monthly. SPA
GASTAT publishes the IPI monthly. SPA
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GASTAT: Saudi Industrial Production Index Increases by 3.4% in November 2024

GASTAT publishes the IPI monthly. SPA
GASTAT publishes the IPI monthly. SPA

Saudi Arabia’s General Authority for Statistics (GASTAT) said Thursday that the Industrial Production Index (IPI) statistics for November 2024 showed a 3.4% increase compared to the same month of the previous year.

This increase is driven by growth in mining and quarrying, manufacturing, water supply, sewerage, and waste management and remediation activities, GASTAT said.

Furthermore, the sub-index of mining and quarrying activity increased by 1.2%, and the sub-index of manufacturing activity increased by 7.2%.

The sub-index of electricity, gas, steam, and air conditioning supply activity recorded a decrease of 2.1%, and the sub-index of water supply, sewerage and waste management and remediation activities increased by 10.5%.

The IPI by main economic activities increased by 3.8% compared to the same month of the previous year, while the index of non-oil activities also increased by 2.4%.

GASTAT publishes the IPI monthly. It is an economic indicator that reflects the relative changes in the volume of industrial output. It is calculated based on the industrial production survey.