Sudan has made yet another historic step forward in the past few days. On Saturday, the government approved a draft law to criminilise female genital mutilation and on Monday, Khartoum officially appointed its first ambassador to the United States in a quarter of a century. Sudan’s choice is Noureddine Sati, a well-known diplomat. His appointment comes after an ongoing strengthening of ties with Washington, culminating in the decision by both countries in December to exchange ambassadors. The US is yet to nominate its own chief diplomat in Khartoum.
American relations with Sudan are warming after decades of tensions under the rule of former dictator Omar Al Bashir. In 1993, Sudan was added to the US government’s list of state sponsors of terrorism as a result of Al Bashir’s support for extremist militant groups.
Al Bashir’s regime had gone so far as providing a safe harbour for Al Qaeda’s late leader Osama Bin Laden. The designation made it impossible for Khartoum to apply for much-needed financial assistance from international institutions such as the International Monetary Fund or the World bank. The terror listing also came with a host of economic sanctions, which were strengthened in 2006 after Al Bashir and his allies led an ethnic cleansing campaign in Sudan’s Darfur region.
In addition to international sanctions, incompetent governance and widespread corruption took a toll on the formerly oil-rich country’s economy. Under Al Bashir, Sudan was largely a one-man regime where every aspect of life, including the economy, was monopolised by the former leader and his entourage. This left no room for an independent banking sector to flourish or for ordinary Sudanese businesses and entrepreneurs to succeed. According to a report published by The Sentry, a watchdog for financial wrongdoing and war crimes in Africa, Al Bashir’s adopted son ran a complex scheme that allowed him to fund his own business operations using bank loans intended for the central government. The scam left Khartoum with crippling debt.
Sudan’s economic woes led to Al Bashir’s toppling last April. In December 2018, protests erupted in the capital against a sudden hike in the price of bread, fuel and other basic necessities, as well as a corresponding deterioration in living conditions. The protests quickly turned into a full-scale uprising.
In addition to international sanctions, incompetent governance and corruption took a toll on the economy
Today, Khartoum is working towards finding solutions to these pressing issues. Weeding out corruption and preventing pro-Al Bashir networks from reviving their grip on the economy are pivotal steps to building a better future for Sudan. As is opening up the country to the rest of the world, including the restoration of diplomatic ties with the US.
In the meantime, Sudan is in need of financial and humanitarian assistance, especially in light of the ongoing coronavirus pandemic. Gulf countries have been major supporters of Khartoum’s political and economic transition, with Saudi Arabia and the UAE alone pledging $3 billion in aid to the country.
Since Omar Al Bashir’s fall from power one year ago, Sudan has become a beacon for good governance and opportunity. After three decades of ruthless dictatorship, Khartoum cannot turn the page on its dark past overnight, but with its recent efforts the nation may be set to rise from its ashes and inspire the world.
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By Kenneth Pollack (Oxford University Press)
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Innotech Profile
Date started: 2013
Founder/CEO: Othman Al Mandhari
Based: Muscat, Oman
Sector: Additive manufacturing, 3D printing technologies
Size: 15 full-time employees
Stage: Seed stage and seeking Series A round of financing
Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now.
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Generational responses to the pandemic
Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:
Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.
Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.
Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.
Unresolved crisis
Russia and Ukraine have been locked in a bitter conflict since 2014, when Ukraine’s Kremlin-friendly president was ousted, Moscow annexed Crimea and then backed a separatist insurgency in the east.
Fighting between the Russia-backed rebels and Ukrainian forces has killed more than 14,000 people. In 2015, France and Germany helped broker a peace deal, known as the Minsk agreements, that ended large-scale hostilities but failed to bring a political settlement of the conflict.
The Kremlin has repeatedly accused Kiev of sabotaging the deal, and Ukrainian officials in recent weeks said that implementing it in full would hurt Ukraine.
If you go
The flights Etihad (www.etihad.com) and Spice Jet (www.spicejet.com) fly direct from Abu Dhabi and Dubai to Pune respectively from Dh1,000 return including taxes. Pune airport is 90 minutes away by road.
The hotels A stay at Atmantan Wellness Resort (www.atmantan.com) costs from Rs24,000 (Dh1,235) per night, including taxes, consultations, meals and a treatment package.
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Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
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Zayed Sustainability Prize
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
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