Economy

Khartoum – Hala Hamza Renowned economist Dr. Ahmed Al-Sharif stated that the abolition of the Planning Agency at the Ministry of Finance and the dismissal of its undersecretary come within the framework of reforms being undertaken by the…

Khartoum – Sudanhorizon The Sudanese Minister of State at the Ministry of Finance, Mohamed Nour Abdel-Daim, has announced the completion of the design of the electronic national procurement system, paving the way for the transition from…

Sudanhorizon – Hala Hamza The former Assistant Governor of the Central Bank of Sudan(CBS) , Abdullah Al-Hassan Mohammed Al-Bashir has described moves by the Sudanese Ministry of Digital Transformation and Communications to make USSD…

Sudanhorizon – Hala Hamza The General Directorate for Banking Supervision at the Central Bank of Sudan has issued a directive to banks to intensify follow-up measures for the collection of non-performing financing. A circular issued…

Sudanhorizon – Agencies Iranian media reported that the Iranian Armed Forces announced on Saturday that any attack on oil and energy infrastructure in Iran would lead to retaliatory strikes against energy infrastructure belonging to oil…

Sudanhorizon -Hala Hamza Economic analyst Dr. Haitham Mohamed Fathi downplayed the impact of the ongoing regional tensions stemming from the US-Israeli war on Iran on the availability of food commodities in Sudan in the foreseeable…

Khartoum – Sudanhorizon Sudan’s Minister of Energy, Engineer and Advisor Al-Muatasim Ibrahim Ahmed, revealed the ministry’s plan to enhance the efficiency of the national electricity grid and rehabilitate the reservoirs of Roseires Dam,…

Khartoum – Sudanhorizon The Bank of Khartoum announced the launch of the “Smart Marketing” program through its financing arm, Irada Microfinance Company. In a press statement, the bank said the specialized program was designed as an…

Sudanhorizon – Hala Hamza Despite the negative impact of the Israeli-American war against Iran and its reflection on the Gulf states’ economies, it has also contributed to a significant push towards gold as the safest store of value.…

Port Sudan – Sudanhorizon The Minister of State at the Ministry of Finance, Mohamed Nour Abdel-Daim, has affirmed that the application of International Accounting Standards facilitates the comparison of financial performance…