The extension to the ceasefire came hours before a midnight deadline. AFP
The extension to the ceasefire came hours before a midnight deadline. AFP
The extension to the ceasefire came hours before a midnight deadline. AFP
The extension to the ceasefire came hours before a midnight deadline. AFP

Sudan ceasefire extended by 72 hours, army says


Taylor Heyman
  • English
  • Arabic

Follow the latest news from the Sudan crisis here

Sudan's armed forces agreed on Thursday to extend an ongoing ceasefire by 72 hours after mediation by the US and Saudi Arabia.

The extension to the ceasefire came hours before a midnight deadline, sparking hope for peace negotiations and access to basic necessities for Sudanese civilians.

Fighting continued throughout the last truce, albeit at a lower level. Thousands of civilians remain hunkered down in their homes or trying to escape populated areas.

Fighting between the army and paramilitary organisation the Rapid Support Forces has raged for two weeks and killed more than 500 people. More than 4,200 have been wounded.

Displaced people are passing through borders into neighbouring Egypt, Chad and Ethiopia, while diplomatic staff and foreign citizens have been evacuated by air and sea.

Egypt said on Thursday it had admitted 16,000 people since April 15, 14,000 of whom are Sudanese. Grassroots initiatives are springing up to offer accommodation and assistance, as NGOs and governments scramble to help.

US Secretary of State Antony Blinken earlier told reporters that Washington was “very actively working to extend the ceasefire”.

The RSF, however, have yet to comment on the proposed ceasefire. Earlier on Thursday, the group, led by Gen Mohamed Dagalo, accused the army of carrying out air strikes on its forces and spreading “false rumours”.

Though the fighting has been focused in the capital Khartoum, where RSF fighters have embedded themselves in residential areas, it has also spread to the western province of Darfur, where conflict has simmered ever since civil war erupted there two decades ago.

The Darfur Bar Association, a rights group, said at least 52 people had died in attacks by well-armed “militias” on residential neighbourhoods in the town of El Geneina, as well as its main hospital, market, government buildings and several shelters for internally displaced people.

The conflict has also limited food distribution. A third of Sudan's 46 million people were already reliant on humanitarian aid before the conflict began.

Senior UN aid official Abdou Dieng said “very little can be done” in terms of humanitarian assistance.

“We're extremely worried about food supply,” Mr Dieng told reporters in New York via phone from Port Sudan, where most senior UN staff have relocated.

“Our aim is to go back as quick as possible to Khartoum if the situation allows it.”

The African Union Commission chairman called on both parties to “immediately agree on a permanent ceasefire to facilitate the delivery of humanitarian assistance to Sudanese in dire need”.

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Courtesy: Carol Glynn, founder of Conscious Finance Coaching

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The flights

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The hotels

Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes. 

When to visit

March-May and September-November

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While you're here

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Company profile

Company: Rent Your Wardrobe 

Date started: May 2021 

Founder: Mamta Arora 

Based: Dubai 

Sector: Clothes rental subscription 

Stage: Bootstrapped, self-funded 

Explainer: Tanween Design Programme

Non-profit arts studio Tashkeel launched this annual initiative with the intention of supporting budding designers in the UAE. This year, three talents were chosen from hundreds of applicants to be a part of the sixth creative development programme. These are architect Abdulla Al Mulla, interior designer Lana El Samman and graphic designer Yara Habib.

The trio have been guided by experts from the industry over the course of nine months, as they developed their own products that merge their unique styles with traditional elements of Emirati design. This includes laboratory sessions, experimental and collaborative practice, investigation of new business models and evaluation.

It is led by British contemporary design project specialist Helen Voce and mentor Kevin Badni, and offers participants access to experts from across the world, including the likes of UK designer Gareth Neal and multidisciplinary designer and entrepreneur, Sheikh Salem Al Qassimi.

The final pieces are being revealed in a worldwide limited-edition release on the first day of Downtown Designs at Dubai Design Week 2019. Tashkeel will be at stand E31 at the exhibition.

Lisa Ball-Lechgar, deputy director of Tashkeel, said: “The diversity and calibre of the applicants this year … is reflective of the dynamic change that the UAE art and design industry is witnessing, with young creators resolute in making their bold design ideas a reality.”

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Friday Sassuolo v Benevento (Kick-off 11.45pm)

Saturday Crotone v Spezia (6pm), Torino v Udinese (9pm), Lazio v Verona (11.45pm)

Sunday Cagliari v Inter Milan (3.30pm), Atalanta v Fiorentina (6pm), Napoli v Sampdoria (6pm), Bologna v Roma (6pm), Genoa v Juventus (9pm), AC Milan v Parma (11.45pm)

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Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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Updated: April 28, 2023, 5:18 AM