Banks Of Sudan
This article discusses banking in Sudan. History Sudan inherited its banking system from the Anglo-Egyptian Condominium (1899-1955). When the National Bank of Egypt opened in Khartoum in 1901, it obtained a privileged position as banker to and for the government, being a semiofficial central bank. Other banks followed, but the National Bank of Egypt and Barclays Bank in Britain dominated and stabilized banking in Sudan until after World War II. Postwar prosperity created a demand for an increasing number of commercial banks. Before Sudanese independence, there were no restrictions on the movement of funds between Egypt and Sudan, and the value of the currency used in Sudan was tied to that of Egypt. This situation was unsatisfactory to an independent Sudan, which established the Sudan Currency Board to replace Egyptian currency. It was not a central bank because it did not accept deposits, loan money, or provide commercial banks with cash and liquidity. A three-member commis ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Anglo-Egyptian Condominium
Anglo-Egyptian Sudan ( ar, السودان الإنجليزي المصري ') was a condominium of the United Kingdom and Egypt in the Sudans region of northern Africa between 1899 and 1956, corresponding mostly to the territory of present-day Sudan and South Sudan. Legally, sovereignty and administration were shared between both Egypt and the United Kingdom, but in practice the structure of the condominium ensured effective British control over Sudan, with Egypt having limited, local power influence in reality. In the mean time, Egypt itself fell under increasing British influence. Following the Egyptian Revolution of 1952, Egypt pushed for an end to the condominium, and the independence of Sudan. By agreement between Egypt and the United Kingdom in 1953, Sudan was granted independence as the Republic of the Sudan on 1 January 1956. In 2011, the south of Sudan itself became independent as the Republic of South Sudan. In the 19th century, whilst nominally a vassal state of the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sudanese Pound
The Sudanese pound (Arabic: ; abbreviation: LS in Latin, in Arabic, historically also £Sd; ISO code: SDG) is the currency of the Republic of the Sudan. The pound is divided into 100 piastres (or ''qirsh'' () in Arabic). It is issued by the Central Bank of Sudan. The pound fell for the first time since 1997 after the United States imposed economic sanctions on Sudan. The Sudanese pound continued its decline to an unprecedented number, falling to LS 53 against the dollar. This situation, which drained all economic measures, led to heavy losses in the external repercussions of the Sudan as a whole, in the light of the government cut, interrupted by some of the failed actions announced by the Central Bank of Sudan, a severe shortage of liquidity. The Sudanese pound fell against the US dollar after the Central Bank of Sudan announced the lifting of the cash reserve to counter inflation. Since the secession of South Sudan in 2011, Sudan has suffered from a scarcity of fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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National Islamic Front
The National Islamic Front ( ar, الجبهة الإسلامية القومية; transliterated: ''al-Jabhah al-Islamiyah al-Qawmiyah'') was an Islamist political organization founded in 1976 and led by Dr. Hassan al-Turabi that influenced the Sudanese government starting in 1979, and dominated it from 1989 to the late 1990s. It was one of only two Islamic revival movements to secure political power in the 20th century (the other being the followers of Ayatollah Ruhollah Khomeini in the Islamic Republic of Iran). The NIF emerged from Muslim student groups that first began organizing in the universities during the 1940s, and its main support base has remained the college educated. It supported the maintenance of an Islamic state run on sharia and rejected the concept of a secular state. It took a "top down" or "Islamisation from above" approach of "infiltrating Sudan's state apparatus, army, and financial system". Kepel, ''Jihad'', 2002: p.177 It demonstrated itself to be both ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Muslim Brotherhood
The Society of the Muslim Brothers ( ar, جماعة الإخوان المسلمين'' ''), better known as the Muslim Brotherhood ( ', is a transnational Sunni Islamist organization founded in Egypt by Islamic scholar and schoolteacher Hassan al-Banna in 1928. Al-Banna's teachings spread far beyond Egypt, influencing today various Islamist movements from charitable organizations to political parties—not all using the same name. Initially, as a Pan-Islamic, religious, and social movement, it preached Islam in Egypt, taught the illiterate, and set up hospitals and business enterprises. It later advanced into the political arena, aiming to end British colonial control of Egypt. The movement's self-stated aim is the establishment of a state ruled by Sharia law–its most famous slogan worldwide being: "Islam is the solution". Charity is a major aspect of its work. The group spread to other Muslim countries but has its largest, or one of its largest, organizations in Egypt despit ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Ar ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Muhammad Ibn Faisal Al-Saud
Muhammad ( ar, مُحَمَّد; 570 – 8 June 632 CE) was an Arab religious, social, and political leader and the founder of Islam. According to Islamic doctrine, he was a prophet divinely inspired to preach and confirm the monotheistic teachings of Adam, Abraham, Moses, Jesus, and other prophets. He is believed to be the Seal of the Prophets within Islam. Muhammad united Arabia into a single Muslim polity, with the Quran as well as his teachings and practices forming the basis of Islamic religious belief. Muhammad was born approximately 570CE in Mecca. He was the son of Abdullah ibn Abd al-Muttalib and Amina bint Wahb. His father Abdullah was the son of Quraysh tribal leader Abd al-Muttalib ibn Hashim, and he died a few months before Muhammad's birth. His mother Amina died when he was six, leaving Muhammad an orphan. He was raised under the care of his grandfather, Abd al-Muttalib, and paternal uncle, Abu Talib. In later years, he would periodically seclude himsel ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Faisal Islamic Bank Of Sudan
Faisal Islamic Bank of Sudan is an Islamic bank in Sudan. The bank describes itself as having "Islamic orientation" and "Sudanese features". The Indian site ''Siasat Daily'' describes it as Sudan’s "largest lender", and one that as of 2016 "favours low-risk, short-term loans and quick returns". History According to the bank, it was founded in May 1977, by "86 Sudanese and Saudi founders as well as other nationals of some Islamic States" who "prescribed and paid up half of the authorized capital". The bank is headquartered in Khartoum and lists 65 branches mostly in Khartoum, Khartoum North and Omdurman. Bloomberg lists it as having 1,288 Employees. According to the ''Chicago Tribune'', the bank was founded by Al Shamal Islamic Bank and four other parties. According to public records, 19 percent of the Faisal Islamic Bank is owned by the Dar Al-Maal Al-Islami Trust, or simply DMI Trust, also headed by Prince Faisal. The $3.5 billion DMI Trust, whose slogan is "Allah is the pu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Second Sudanese Civil War
The Second Sudanese Civil War was a conflict from 1983 to 2005 between the central Sudanese government and the Sudan People's Liberation Army. It was largely a continuation of the First Sudanese Civil War of 1955 to 1972. Although it originated in southern Sudan, the civil war spread to the Nuba mountains and the Blue Nile. It lasted for 22 years and is one of the longest civil wars on record. The war resulted in the independence of South Sudan six years after the war ended. Roughly two million people died as a result of war, famine and disease caused by the conflict. Four million people in southern Sudan were displaced at least once (and normally repeatedly) during the war. The civilian death toll is one of the highest of any war since World War II and was marked by numerous human rights violations, including slavery and mass killings. Background and causes The Sudanese war is often characterized as a fight between the central government expanding and dominating peoples ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Comprehensive Peace Agreement
The Comprehensive Peace Agreement (CPA, ar, اتفاقية السلام الشامل, Ittifāqiyyah al-salām al-šāmil), also known as the Naivasha Agreement, was an accord signed on January 9, 2005, by the Sudan People's Liberation Movement (SPLM) and the Government of Sudan. The CPA was meant to end the Second Sudanese Civil War, develop democratic governance countrywide, and share oil revenues. It also set a timetable for a Southern Sudanese independence referendum. The peace process was encouraged by the Intergovernmental Authority on Development (IGAD), as well as IGAD-Partners, a consortium of donor countries. Components The process resulted in the following agreements (also referred to as protocols): * The Machakos Protocol (or Chapter I), signed in Machakos, Kenya on 20 July 2002. Agreement on broad principles of government and governance. * The Protocol on Power Sharing (or Chapter II), signed in Naivasha, Kenya on 26 May 2004 * The Agreement on Wealth Sha ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bank Of South Sudan
The Bank of South Sudan is the central bank of the Republic of South Sudan. Established in July 2011, by an Act of Parliament (The Bank of South Sudan Act, 2011), it replaced the now defunct Bank of Southern Sudan, a former branch of the Bank of Sudan, which had served as the central bank of South Sudan, during the period between February 2005 until July 2011. The bank is fully owned by the Government of South Sudan. Location The bank maintains its headquarters in the city of Juba, the capital of South Sudan, with branches in the towns of Wau, Yei and Malakal. Organization and Governance The Bank of South Sudan is the central bank of the Republic of South Sudan. It is headed by the Governor of the Bank of South Sudan. The Bank is the only institution that is constitutionally mandated to issue the South Sudanese pound. Duties The main functions of the Bank of South Sudan are: # To function as the central bank of South Sudan. # To establish and supervise conventional banking ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Estates Commercial Bank
Estate or The Estate may refer to: Law * Estate (law), a term in common law for a person's property, entitlements and obligations * Estates of the realm, a broad social category in the histories of certain countries. ** The Estates, representative bodies of the estates of the realm *** Estates General, a supra-regional gathering of representatives of the estates of the realm * Estate in land * Estate (land), the grounds and tenancies (such as farms, housing, woodland, parkland) associated with a very large property ** Housing estate, a group of houses built as a single development. ** Industrial estate (office park) and trading estate; property planned and sub-let for industrial and commercial use. ** Real estate or real property ***Estate agent or real estate agent * Literary estate, the intellectual property of a deceased author, or the executor thereof Automobiles and technology * Estate car ( station wagon), a passenger car with a full-size interior cargo compartment * Bui ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Abu Dhabi National Bank
Abu or ABU may refer to: Places * Abu (volcano), a volcano on the island of Honshū in Japan * Abu, Yamaguchi, a town in Japan * Ahmadu Bello University, a university located in Zaria, Nigeria * Atlantic Baptist University, a Christian university located in Moncton, New Brunswick, Canada * Elephantine, Egypt, known as Abu to the Ancient Egyptians * A. A. Bere Tallo Airport (IATA: ABU), in Atambua, Indonesia * Mount Abu, the highest mountain in the Indian state of Rajasthan People * Abu (Arabic term), a component of some Arabic names * Ab (Semitic), a common part of Arabic-derived names, meaning "father of" in Arabic * Abu al-Faraj (other) * Abu Baker Asvat, a murdered South African activist and medical doctor * Abu Ibrahim (other) * Abu Mohammed (other) * Abu Salim (other) *Abdul-Malik Abu (born 1995), American basketball player in the Israeli Premier Basketball League * Raneo Abu, Filipino politician Other uses * Abu (god), a minor god of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |