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
HMS Khartoum (F45) and the sloop in search for "Torricelli" near Perim Island. After interception, "Khartoum" and these warships took part in a surface engagement with the submarine, during which "Torricelli" was sunk and "Shoreham" damaged. However, during the battle, "Khartoum" was hit by return fire which damaged the after torpedo tube mounting. Some five and a half hours later, at 11.50am (local time), a torpedo's compressed air chamber exploded, propelling the warhead through the deck house of number 3 4.7-inch mount. and causing a serious uncontrollable fire from a ruptured oil tank there. This resulted in an explosion of the ship's artillery