WAM The foreign investment volume in Sudan increased to US$ 42 billion following a package of incentive measures to increase the flow of investments and encourage investment in transformational manufacturing, according to the Sudanese Minister of Investment Mudathir Abdul-Ghani. In a statement issued today, he said that the government of Sudan has allowed investors to bring along their equipment, …

  REUTERS Saudi Arabia’s government has contacted banks to sell them about 20 billion riyals ($5.3 billion) of bonds in its domestic debt sale this month, the Maaal financial website reported, quoting unnamed sources. Since last August, government has been selling around 20 billion riyals of domestic bonds to banks every month to fund a budget deficit caused by low …

  REUTERS Qatar Insurance reported second-quarter net profit that was unchanged from a year earlier, according to Reuters calculations. The insurer made a net profit of 280.1 million riyals ($76.9 million) in the three months ending June 30, Reuters calculated based on financial statements in lieu of a quarterly breakdown. That compares with a net profit of 280.9 million riyals …