Wednesday, 24 January 2018 09:44 GMT

Saudi, Sudan exchange USD4 b worth trade

(MENAFN) Trade between Saudi Arabia and Sudan reached over USD4 billion in volume, and is expected to hit USD8 billion, according to Arab News

Saudi Arabia will hold a meeting of a joint Ministerial Committee between both countries next months.

The Saudi Ministry of Agriculture said the last meeting held in Riyadh opened the door to important recommendations, especially the creation of "Fursas" company which capital was estimated at USD100 million

The company was responsible for carrying out feasibility studies to enable the investor choose his areas of investment

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