Home | News    Wednesday 26 March 2014

Sudan waives visa requirement for UAE businessmen

separation
increase
decrease
separation
separation

March 25, 2014 (KHARTOUM) – The Sudanese minister of finance Badr al-Deen Mahmoud announced the exemption of businessmen and investors in the United Arab Emirates (UAE) from the need to obtain entry visa and said they will be allowed to settle in the country for extended periods of time.

He said during a meeting with senior officials of the Abu Dhabi Chamber of Commerce and Industry on Tuesday that the move was intended to facilitate the work of UAE businessmen and contribute to the success of their projects and supporting them to ensure the continued progress of their projects.

Mahmoud briefed the delegation on the facilities and services offered by his country for investors and called on them to boost their investments especially in the fields of agriculture, mining and infrastructure.

He pointed out that the investment law in Sudan offers tariff exemptions for equipment imports and that lands for the establishment of projects are sold for a nominal fee.

The Sudanese minister praised the role played by the UAE companies in the process of economic development in the country through the establishment of projects and strengthening infrastructure.

The 1st VP of Abu Dhabi Chamber of Commerce and Industry Khalfan Saeed al-Kaabi expressed the interest of UAE companies to promote investments in Sudan.

He said that the UAE’s economic relations with Sudan have greatly improved and that Sudan now occupies an advanced rank in the list of major Arab trading partners of the UAE.

Al-Kaabi also noted that the two countries have signed a number of agreements and memorandums of understanding that contribute to the strengthening of economic relations, including the Convention on the establishment of a free trade zone and an agreement to avoid double taxation on income and a memorandum of understanding on investment promotion and protection.

He went on to say that Sudan has always been the favorite investment choice for UAE companies due their faith in the opportunities available in this market noting that there are 11 major UAE corporations and institutions in the Sudanese market including National Bank of Abu Dhabi (NBAD), Emirates Telecommunications Corporation (Etisalat), al-Etihad Cement Company, Gulf Pharmaceutical Industries, Rotana Hotels and Dubai Investments in addition to the Abu Dhabi Fund for Development

The two sides also discussed the organization of a joint UAE-Sudanese Forum to familiarize UAE businessmen on investment opportunities and facilities offered by the government.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.
  • 27 March 2014 03:58, by Akol Liai Mager

    Offering more bribes might not help this time, Gulf Countries in including United Arab of Emirates (UAE) have made a solid decision to outlaw all Muslim Brotherhoods and other Radical Political Islamic Organisations in the region.

    repondre message

Comment on this article


 
 

The following ads are provided by Google. SudanTribune has no authority on it.


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Formation of “TGoNU” without Constitutional Amendment: Is it a right of necessity? 2016-02-09 20:30:29 By Mabor Maker Dhelbeny In its 55th Extra-ordinary Meeting, held on 30th – 31st January, 2016 in Addis Ababa, Ethiopia, the IGAD Council of Ministers in the communiqué on South Sudan: (1) (...)

Terrorism Tops African Summit Agenda: Lip service or strategic move? 2016-02-07 04:56:59 By Trayo A. Ali In Africa, terrorism is not only strategic threat to continent political security and destabilization, but more importantly it also constitutes fundamental challenge and eminent (...)

South Sudan and the nation building! 2016-02-06 11:47:08 " Disagreement does't mean disapproval." Oprah Winfrey. By Dhano Obongo I have been delving in a debate within myself as to what could possibly be the proper way to expound a presentation to (...)


MORE






Latest Press Releases


Civil society group decries delay of S. Sudan transitional gov’t 2016-01-29 18:08:53 South Sudan Civil Society Alliance Date: 29.1.2016 For the immediate Release Press Release Following the passing of deadline of the formation of Transitional Government of National Unity in the (...)

Africa: Strengthen steps to end child marriage 2015-12-14 08:04:41 December 10, 2015 African governments should coordinate action to improve laws, education, health care, and public awareness to end the scourge of child marriage, Human Rights Watch said today (...)

Professor Akolda, it is too early for you to go 2015-12-06 06:36:15 I learnt from social media of the untimely departure of Professor Akolda Maan Tier on the 30th Nov 2015, whom I knew and admired, as one of the great, committed sons of both Sudans, who dedicated (...)


MORE

Copyright © 2003-2016 SudanTribune - All rights reserved.