Saudi Arabia pushes for Sudan’s $50 billion debt restructuring
2 hours ago Drivers queue up to pump their vehicles with fuel in Omdourman, Sudan. Agence France-Presse Saudi Arabia will press Sudan’s creditors to reach a broad agreement to reduce the African country’s $50 billion-plus debt pile, said a Saudi official who will be directly involved in the debt-restructuring talks.
Sudan is battling a crippling economic crisis and pushing through aggressive reforms as it seeks relief from debt owed to foreign states, international financial institutions and commercial creditors.
“In terms of restructuring, we will push the envelope more for everybody to restructure (debt) and provide Sudan with greater breathing space and support for the reforms,” the Saudi official told Reuters on condition of anonymity ahead of a Paris conference on Monday to promote investment and debt relief for Sudan.
Istanbul: Protesters hold up their phones with the light on, alongside Palestine and Turkish national flags, during a demonstration against Israel in front of its consulate in Istanbul. AFP
ANKARA: Turkey’s foreign minister arrived in Saudi Arabia on Monday for talks aimed at overcoming a rift over the 2018 killing of Saudi journalist Jamal Khashoggi in Istanbul that led to bitter recriminations and a Saudi boycott of Turkish goods.
Mevlut Cavusoglu was due to hold talks in the kingdom after years of tensions between the two regional powers, which are also at odds over Turkish support for Qatar in a dispute with its Gulf neighbours and over President Tayyip Erdogan’s backing of the Muslim Brotherhood, which is banned in Saudi Arabia.
Istanbul: Protesters hold up their phones with the light on, alongside Palestine and Turkish national flags, during a demonstration against Israel in front of its consulate in Istanbul. AFP
ANKARA: Turkey’s foreign minister arrived in Saudi Arabia on Monday for talks aimed at overcoming a rift over the 2018 killing of Saudi journalist Jamal Khashoggi in Istanbul that led to bitter recriminations and a Saudi boycott of Turkish goods.
Mevlut Cavusoglu was due to hold talks in the kingdom after years of tensions between the two regional powers, which are also at odds over Turkish support for Qatar in a dispute with its Gulf neighbours and over President Tayyip Erdogan’s backing of the Muslim Brotherhood, which is banned in Saudi Arabia.
May. 10, 2021
Turkey s foreign minister arrived in Saudi Arabia on Monday for talks aimed at overcoming a rift over the 2018 killing of Saudi journalist Jamal Khashoggi in Istanbul that led to bitter recriminations and a Saudi boycott of Turkish goods.
Mevlut Cavusoglu was due to hold talks in the kingdom after years of tensions between the two regional powers, which are also at odds over Turkish support for Qatar in a dispute with its Gulf neighbors and over President Tayyip Erdogan s backing of the Muslim Brotherhood, which is banned in Saudi Arabia.
Turkish officials had said Cavusoglu s visit could include talks on possible sales of Turkish drones to Saudi Arabia, which they said Riyadh had requested. The current violent clashes in Jerusalem may also overshadow the bilateral talks.
Cavusoglu says he will discuss bilateral relations, attacks at the Al Aqsa mosque by Israeli forces
Reuters
May 10, 2021
ANKARA:
Turkey s foreign minister arrived in Saudi Arabia on Monday for talks aimed at overcoming a rift over the 2018 killing of Saudi journalist Jamal Khashoggi in Istanbul that led to bitter recriminations and a Saudi boycott of Turkish goods.
Mevlut Cavusoglu was due to hold talks in the kingdom after years of tensions between the two regional powers, which are also at odds over Turkish support for Qatar in a dispute with its Gulf neighbours and over President Tayyip Erdogan s backing of the Muslim Brotherhood, which is banned in Saudi Arabia.