Sudan: CBS, AIC Conclude Salam Agreement

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    Sudan News Agency (Khartoum)

    22 December 2011


    Khartoum — A Sixty million dollar Salam ( purchase in advance) agreement was concluded here on Thursday between the Arab Investment Company , Ministry of Finance and the Central Bank of Sudan.

    CBS Governor, Dr Muhamed Khair Al Zubair and Abdelateef Al Sahaf of the Arab Investment have signed the three-year agreement which was reached within the tripartite partnership.

    The agreement is the fourth one between Sudan and the Arab Company which has been rendering a great role in supporting investment activities, said CBS deputy Governor, Badr-Edin Muhamed Abass.

    Abass has applauded the continuing cooperation between Sudan and the Company which support Sudan through its banking service facilities in Bahrain.

    Al Sahaf said the company will be supporting investment and development programmes in Sudan.

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