Economy

Sudanhorizon – Hala Hamza The Sudanese pound has seen a sharp decline in value, with exchange rates in the parallel market reaching 3,600 pounds per U.S. dollar in some cases, driven largely by speculation. Economists and financial…

Sudanhorizon – Nazik Shammam An informed source has revealed that Sudan’s gold production during the first nine months of the current year reached 53 tons. The source confirmed to Sudanhorizon that gold output from January 1 to the…

Port Sudan – Sudanhorizon Sudan and South Sudan agreed to establish a joint economic committee between the two countries to enhance cooperation in the fields of trade, investment, energy and oil, agriculture, transportation, and…

Port Sudan – Sudanhorizon The Sudanese Energy Minister, Moatasem Ibrahim Ahmed, on Sunday said challenges and obstacles will not deter cooperation between Khartoum and Juba in the oil and energy sectors. The Sudanese Minister pointed…

Sudanhorizon – Hala Hamza Wheat producer, Othman Ibrahim, has emphasized the need for allocating full, comprehensive, and indivisible funding for the wheat crop producers if the Government is genuinely interested in a plentiful production.…

Sudanhorizon - Nazik Shammaam The Ministry of Industry and Trade has announced the start of a comprehensive survey of both operational and non-operational factories in Khartoum State. In an exclusive statement to Sudanhorizon,…

Khartoum – Sudanhorizon Member of the Sovereignty Council and Assistant Commander-in-Chief, Ibrahim Jaber Ibrahim, affirmed the government’s support and encouragement for the country’s industrial sector to recover, return to production,…

Djibouti –Sudanhorizon A British international court issued a final ruling that could not be appealed once again, against DP World, which had sought billions of dollars in compensation from a Djibouti company following the…

Port Sudan - Sudanhorizon Turkey has declared its support for the resumption of vital projects in Sudan, while Sudanese Finance Minister Jibril Ibrahim pledged his government’s commitment to removing all obstacles facing Turkish…

Sudanhorizon - Nazik Shammam The Central Bank of Sudan has begun purchasing gold from producers at international stock market prices. Several gold exporters announced that they had delivered their production to the Central Bank under…