Economy

Sudanhorizon – Nazik Shamam The Sudanese pound has gained strength against US dollar in the unofficial market trading today (Wednesday). Traders in the parallel market confirmed that the pound's exchange rate rose to 5,500 pounds per…

Sudanhorizon – Nazik Shamam The Sudanese economy is facing significant structural imbalances in the aftermath of the war. Uncontrolled exchange rates, declining agricultural and industrial production, scarce exports, the state…

Port Sudan – Sudanhorizon The Sea Ports Corporation and Sudan Shipping Lines Company signed a twinning and cooperation agreement in Port Sudan on Tuesday in the presence of the Ministers of Transport and Infrastructure, as well as the…

Khartoum – Sudanhorizon Minister of Finance Dr. Gibril Ibrahim chaired a meeting on Tuesday of the task force assigned to develop urgent solutions to economic challenges related to exports and imports, as part of the government's efforts…

Khartoum – Sudanhorizon The Secretary of the Technical Committee for Mining at the General Authority for Geological Research, Mohamed Abdel Qayyum, has revealed the issuance of 104 exploration licenses during the first half of 2026. This…

Sudanhorizon – Hala Hamza The Governor of the Central Bank of Sudan (CBS), Amina Mirghani, issued a decision to liquidate the Sudan branch of Abu Dhabi Islamic Bank through voluntary liquidation. Abu Dhabi Islamic Bank, an Islamic…

Moscow – Sudanhorizon Sudan's Undersecretary of Foreign Affairs, Ambassador Muawiya Osman Khalid, arrived in Moscow on Monday , leading the Sudanese delegation participating in the eleventh session of the Political Consultations Committee…

Sudanhorizon – Nazik Shamam Prices of consumer goods in Sudanese markets moved up by approximately 35% last week, driven by a sharp decline in the value of rate of exchange of the Sudanese pound against the dollar and other foreign…

Nu'man Yousif Mohamed As Sudan rethinks the future of its economy in the post-war era, attention is increasingly turning to unconventional resources that have remained outside the scope of meaningful investment for decades,…

Sudanhorizon – Hala Hamza A member of the National Importers Chamber, Qasim Al-Siddiq, told Sudanhorizon that the increase in the customs dollar exchange rate announced on Saturday is likely to reduce consumer purchasing power, causing…