Economy

Port Sudan – Sudanhorizon The Minister of Energy and Petroleum, Al-Mutasim Ibrahim Ahmed, has underlined that his ministry is operating under exceptional circumstances that require increased fuel storage capacity following the targeting…

Port Sudan - Sudanhorizon The Ministry of Finance and Economic Planning, signed a contract on Sunday to connect the Industrial Development Bank to the state-owned “Esali” electronic payment and collection service for government…

Sudanhorizon- Hala Hamza The Sudanese Exports Forum, organized by the National Chamber of Exporters, will convene at 11:00 AM tomorrow (Monday) in Port Sudan. Prime Minister Dr. Kamil Idris will be in attendance. The forum aims to…

Sudanhorizon- Hala Hamza The Academic and Banking Analyst, Dr. Luay Abdel Moneim, has confirmed that the Central Bank of Sudan's (CBS) decision to issue higher denominations of banknotes, such as the 2,000 pound note, will enhance the…

Sudanhorizon - Haala Hamza The Gold Exporters Division and numerous analysts and experts have welcomed the decision adopted by the Central Bank of Sudan (CBS) on Wednesday to end the gold export monopoly. The Gold Exporters…

Port Sudan – Sudanhorizon Minister of Energy Mutasim Ibrahim Ahmed reaffirmed the ministry’s commitment to supporting agriculture by ensuring the availability of energy and fuel to guarantee the success of the winter agricultural season…

Port Sudan – Sudanhorizon The Central Bank of Sudan (CBS)) announced on Wednesday the end of its monopoly on gold exports, as imposed September this year. A (CBS) circular issued on Wednesday and distributed to banks revealed that any…

Port Sudan – Sudanhorizon The Director General of the Sudanese Mineral Resources Company, Mohamed Tahir, has emphasized the importance of maximizing production and increasing the contribution of producing companies in support of the…

Sudanhorizon – Hala Hamza The Agricultural Bank of Sudan has announced the launch of interbank transfer services through its new mobile banking application (Al-Ziraai Mobile). The bank’s General Manager, Engineer Abdullah Al-Hassan…

Port Sudan – Sudanhorizon The Sudan Customs Authority signed a partnership agreement on Thursday in Port Sudan with Substansible Company to establish and operate an Advance Cargo Declaration (ACD) platform. The agreement was signed by…