Economy

Sudanhorizon – Nazik Shamam The Sudanese pound's exchange rate against the US dollar skyrocketed to 6,000 pounds a US dollar in non-nofficial market trading on Sunday. Traders in the parallel market confirmed the pound's depreciation…

Khartoum — Follow-ups The Bank of Khartoum has rejected the inaccuracy of reports circulating on some media outlets and social media platforms regarding technical vulnerabilities that led to fraud incidents affecting some bank…

Sudanhorizon – Hala Hamza Informed banking sources confirmed that the Central Bank of Sudan has directed banks not to provide financing to any client who has declared bankruptcy, has been liquidated, or has outstanding obligations to…

Al-Qadarif – Sudanhorizon The Minister of Human Resources and Social Welfare, the Governor of Al-Qadarif, and the Secretary-General of the Zakat Chamber oversaw the release of 33 insolvent from Al-Bir Correctional City in Al-Qadarif…

Khartoum – Sudanhorizon The First Deputy Governor of the Central Bank of Sudan, Al-Mutasim Abdullah Ahmed, has officially launched the National Switch services by connecting the Omdurman National Bank switch to the platform, making it…

Khartoum – Sudanhorizon Sudan's Minister of Agriculture and Irrigation, Professor Ismat Qurashi, Minister of Animal Resources and Fisheries, Professor Ahmed El-Tigani Al-Mansouri, and the Director General of the Arab Organization for…

Khartoum – Sudanhorizon The Minister of State at the Ministry of Finance, Mohamed Nour Abdel-Daim, stated that “the priorities for the next phase are based on two main pillars: integrating the informal sector into the economic…

Khartoum – Sudanhorizon Sudan's Minister of Finance, Dr. Jibril Ibrahim, has directed efforts to adopt and localize the world's best systems in the field of government procurement, while benefiting from international experiences and…

Khartoum – Sudanhorizon The member states of the African Minerals and Earth Sciences Centre (AMGC) unanimously elected the Sudan as Chair of the Centre's Board of Directors, succeeding Ethiopia. This move reflects Sudan's growing…

Khartoum – Sudanhorizon The Secretary-General of the National Investment Authority, Nour Al-Daem Babiker, stressed the need for using technology in investment transactions. During his visit to the Ministry of Communications and Digital…