Economy

Port Sudan – Sudanhorizon The Governor of the Central Bank of Sudan, Berae Sidiq, emphasized the importance and necessity of currency replacement at this stage, outlining the procedural steps and the timeline for the replacement process.…

Port Sudan – Sudanhorizon Member of the Transitional Sovereign Council and Assistant Commander-in-Chief, Major General Ibrahim Jaber, stated that the country’s enemies have turned the ongoing war into an economic battle, and that Sudan’s…

Port Sudan - Sudanhorizon The Deputy Governor of the Central Bank of Sudan, Mohamed Osman, confirmed that gold contributes 60% of all the country's exports, stressing the central bank's significant role in export revenues and supporting…

Port Sudan – Sudanhorizon The operations and monitoring room for currency replacement has directed bank branches in states not targeted by the currency replacement initiative to refrain from accepting any cash deposits in the withdrawn…

Port Sudan- Sudanhorizon The Higher Committee for Currency Change and Replacement, headed by the member of the Sovereign Council and Assistant Commander-in-Chief, Gen Engineer Ibrahim Jaber Ibrahim, has declared that the 10th of December…

Port Sudan - Sudanhorizon The Central Bank of Sudan obliged banks to develop, activate, and activate their banking applications (Apps) to provide electronic banking services to customers while working to stabilize and make their…

Port Sudan – Sudanhorizon The Central Bank of Sudan has announced the completion of its technical preparations for replacing the new currency in denominations of 500 and 1000 Sudanese pounds by setting up cash counting machines and…

Sudanhorizon - Nazik Shammam Head of Bank Workers and Financial Business, Youssef Abdel Rahman Al-Obaid, linked the success of the decision to change the currency taken by the Bank of Sudan during the past few days to the implementation…

Johannesburg – Sudanhorizon – Agencies South Africa assumed the rotating presidency of G20 on December 1st. President Cyril Ramaphosa stated today (Tuesday) that South Africa will use its G20 presidency to bring the priorities of the…

Sudanhorizon In a strategic move that reflects its commitment to regional expansion and strengthening its presence in the Gulf region, Faisal Islamic Bank has announced the opening of a representative office in the Kingdom of Bahrain.…