Economy

Sudanhorizon - Hala Hamza The shareholders’ committee of the Animal Resources Bank has submitted a memorandum to the Minister of Finance, Jibril Ibrahim, demanding the dismissal of the bank’s general manager and the formation of an…

Khartoum - Sudanhorizon Strategic planning and digital transformation expert Dr. Marwa Fouad Qabbani has emphasized the need to review bank capital levels and raise the minimum capital requirement to align with inflation rates, in…

Moscow – Sudanhorizon The Ministry of Energy has signed a memorandum of understanding (MOU) with the Russian Institute of Oil and Gas Technology Initiatives (INTI) on the sidelines of Russian Energy Week, held from October 15-17 in…

Port Sudan: Hala Hamza The inflation rate jumped to 83.47% in September, compared to 83.05% in August and 78.39% in July, an increase of 5.7%. The monthly report on commodity and service price indices and the annual rate of change…

World Bank President Ajayi Banga has affirmed his readiness to urgently intervene in Sudan within the next two months to support with reconstruction and economic recovery projects, particularly in the health, education, and environment…

Sudanhorizon- Hala Hamza The former Director General of the General Authority for Geological Research, Mujahid Bilal, has described the Authority's move to produce a mineral map of Sudan as a major qualitative step towards reorganizing…

Washington – Sudanhorizon The annual meetings of the International Monetary Fund (IMF) and the World Bank for the year 2025 kicked off Monday in Washington, D.C., and will continue from October 13 to 18. Sudan is participating with a…

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.…