Economy

Sudanhorizon – Hala Hamza The General Directorate for the Regulation and Development of the Banking System at the Central Bank of Sudan has issued a decision to suspend the Sudanese Islamic Bank from conducting foreign exchange…

Sudanhorizon– Hala Hamza A Sudanese banking expert has predicted that a number of challenges will face Amna Mirghani, the newly appointed Governor of the Central Bank of Sudan. A decision was issued to appoint her on Monday, succeeding…

Port Sudan – Sudanhorizon The Chairman of the Transitional Sovereignty Council, General Abdel Fattah Al-Burhan, on Sunday issued a decision relieving Burai Al-Siddiq Ali Ahmed from his position as Governor of the Central Bank of Sudan.…

Port Sudan – Sudannorizon The General Authority for Geological Research in Sudan has announced a new plan to prepare a national mineral map showing the locations and quantities of mineral deposits in the country, including gold, copper,…

Sudanhorizon – Nazik Shammam Sudan’s food commodity markets have witnessed a significant rise in prices over the past few days, accompanied by a notable decline in purchasing power that has led to a near state of stagnation. A number…

Port Sudan – Sudanhorizon A high-level ministerial meeting has revealed a comprehensive plan aimed at strengthening oversight of mining operations and mineral trading, enhancing coordination mechanisms among relevant institutions, and…

Khartoum – Sudanhorizon Former Assistant Governor of the Central Bank of Sudan, Abdullah Al-Hassan, has called on the Central Bank of Sudan to begin issuing electronic currency and enabling its future circulation, while determining the…

Port Sudan - Sudanhorizon The Director of the Port Sudan Refinery, Hajwa Al-Sheikh Mohamed Madani, revealed that several companies, including Gulf, Russian, and Sudanese firms, have expressed interest in investing in the refinery.…

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…