Bank of Khartoum government prepared Bank of Khartoum for privatization. The government then sold a 60 per cent share to Dubai Islamic Bank in 2005. The next year, Islamic Development Bank, Dubai Islamic Bank, Sharjah Islamic Bank and Abu Dhabi Islamic Bank founded Emirates and Sudan Bank in Khartoum as a fully Islamic bank. The year after, Bank of Khartoum announced that it was merging with Emirates and Sudan Bank. The merger took effect in 2008. Dubai Islamic's ownership will drop to 28 percent of the merged bank. The Sudanese government will own 10 percent of the bank, while Abu Dhabi Islamic Bank
Attack on the Saudi Embassy in Khartoum Attack on the Saudi Embassy in Khartoum Carried out by the Black September Organization in 1973, the attack on the Saudi embassy in Khartoum was a terrorist attack which took ten diplomats hostage. After President Richard Nixon stated that he refused to negotiate with terrorists, and insisted that "no concessions" would be made, the three Western hostages were killed. On March 1, 1973, the Saudi embassy in Khartoum was giving a formal reception, and George Curtis Moore, chargé d'affaires at the American embassy, was the guest of honor as he was due to be reassigned from his post. Palestinian gunmen