Economy

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…

Sudanhorizon – Hala Hamza Banking expert Dr. Marwa Qabbani has described the recognition of the Sudan Electronic Banking Services Company (EBS) by the global SWIFT network as an important and encouraging development. Speaking to…

Kosti – Sudanhorizon The Federal Minister of Agriculture and Irrigation, Professor Ismat Ghurashi Ali, inspected a number of water projects in White Nile State, accompanied by the state governor, Lieutenant General Qamar Al-Din Mohamed…

Sudanhorizon – Nazik Shamam “We are in real danger. We are living through yet another war,” said Sumaya Babiker, a Sudanese national who sought refuge in Egypt after the war, expressing her frustration with the Egyptian pound’s sharp rise…

Khartoum – Sudanhorizon The Ministry of Finance has announced its commitment to providing solar energy systems for the electrification of agricultural and irrigation projects as a strategic objective aimed at reducing production costs…

Damazin – Sudanhorizon The Sudanese Minister of Agriculture and Irrigation, Ismat Qureshi, announced an agreement to establish a financing portfolio to support the upcoming summer agricultural season and provide necessary agricultural…