War Decimates Harvest in Sudan

Farmers harvest peanuts at the New Halfa irrigated agricultural project in Kassala state in eastern Sudan on October 20, 2024. (Photo by AFP)
Farmers harvest peanuts at the New Halfa irrigated agricultural project in Kassala state in eastern Sudan on October 20, 2024. (Photo by AFP)
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War Decimates Harvest in Sudan

Farmers harvest peanuts at the New Halfa irrigated agricultural project in Kassala state in eastern Sudan on October 20, 2024. (Photo by AFP)
Farmers harvest peanuts at the New Halfa irrigated agricultural project in Kassala state in eastern Sudan on October 20, 2024. (Photo by AFP)

Ahmed Othman's farm has been spared from the deadly fighting that has spread across Sudan, but the war's toll on the economy and labor market has still reached him.

"I had to sell two vehicles" to afford to harvest this season's crops, he told AFP from his large sesame farm in eastern Sudan's Gedaref state.

A year and a half of war in Sudan between the army and the Rapid Support Forces (RSF) has triggered one of the world's worst humanitarian crises and devastated harvests.

Last month, United Nations experts accused the warring sides of using "starvation tactics" against 25 million civilians, and three major aid organizations warned of a "historic" hunger crisis as families resort to eating leaves and insects.

Hundreds of farmers have been driven off their once-fertile lands and those who have managed to remain face tremendous hardships.

Gedaref state is key to Sudan's corn production, a crucial crop for a population the World Food Programme warns is nearing famine -- a condition already declared at a displacement camp in the country's western region of Darfur.

"The first challenge we faced was securing funding as banks are experiencing a cash crunch due to the war," said Othman.

Cash shortages have occurred even in army-controlled Gedaref since the RSF took over the capital Khartoum and banks were ransacked.

The farmer said that without selling two out of his three vehicles he could not have afforded fuel for farm machinery or to pay workers to prepare the fields and tend to the crops.

"The second problem is the scarcity of farm workers due to the war, which has limited their movement across states," he added.

Most workers in Gedaref previously came from the adjacent states of Blue Nile and Sennar, as well as from Kordofan further away.

However, the war has restricted inter-state movement, leaving farm owners like Othman with only a small workforce.

Another local farmer, Suleiman Mohamed, said "the shortage of workers has driven up wages, so we are relying on those already in the area, mainly Ethiopians" who have long resided in Sudan's east as refugees.

War began in April 2023 between the army under the country's de facto ruler Abdel Fattah al-Burhan and the RSF, led by his former deputy Mohamed Hamdan Daglo.

Disruptions to the harvest this season could exacerbate the hunger crisis, made worse by restrictions on aid entry.

European and North American nations issued a joint statement last month that accused the warring sides of "systematic obstruction" of aid efforts. They said both sides should urgently admit the assistance to millions of people in dire need.

In southern Gedaref, another farmer, Othman Abdelkarim, said many have already given up on this year's season.

"Most of us have relied on ourselves for financing, and some simply opted out and didn't plant," he said, pointing to an unplanted field west of his farm.

"This crisis will delay the harvest and affect its quality," he added.

The state's agriculture ministry reported that nine million acres (3.6 million hectares) were cultivated in Gedaref this year -- five million with corn and the rest with sesame, sunflowers, peanuts and cotton.

That is less than half of the roughly 20 million acres planted annually before the war.

Farmer Suleiman Mohamed fears there is no hope for this season's crop.

"With fewer workers and delayed harvesting, we'll face losses, and part of the crop will be lost," he said from his farm in eastern Gedaref.



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.