Saudi banks cut off dealings with Sudan

Banking & Finance

Two of Saudi Arabia’s major banks have joined western financial institutions in cutting off dealings with Sudan. Al Rajhi and Ahly banks are the latest to stop doing business with the African state, following the lead of the US which imposed economic sanctions on the country in 1997 over charges of terrorism and human rights abuses.

(AlJazeeraEnglish YouTube channel)

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Most Popular
Most Discussed
This Week's Magazine »

Cover Story 1

Remember The World?
The Heart of Europe is destined to become the first permanent development at the all-but-abandoned archipelago of islands off the coast of Dubai called The World. The CEO of Kleindienst Group, Josef Kleindienst, is urging others to restart their projects amid concerns the original vision is fading. But he insists he will succeed with or without them.

Also in this issue

Subscribe Now