Economic

Sudan’s Central Bank Governor Denies Existence of Parallel Currency

Sudan’s Central Bank Governor Denies Existence of Parallel Currency

Sudan Events – Rehab Abdullah Sudan’s Central Bank Governor, Burai Al-Siddiq, has denied the existence of a parallel currency to…
Geological Research Authority Approves Five-Year Plan

Geological Research Authority Approves Five-Year Plan

The Board of Directors of Sudan’s Geological Research Authority held its regular meeting, chaired by Dr. Sheikh Mohamed Abdelrahman, with…
Sudan and China Discuss Digital Transformation Cooperation

Sudan and China Discuss Digital Transformation Cooperation

Sudanese Minister of Digital Transformation and Communications, Ahmed Dardiri Gandour, met with China’s Minister of Industry and Information Technology, Li…
Banking Expert Urges International Sukuk to Stabilize Sudanese Pound

Banking Expert Urges International Sukuk to Stabilize Sudanese Pound

Sudan Events – Rahab Abdullah Banking and investment expert Ayman Ahmed has proposed issuing international partnership sukuk (Islamic bonds) to…
Foreign Currency Exchange Rates

Foreign Currency Exchange Rates

Foreign currency rates against the Sudanese pound remained at Thursday’s elevated levels in parallel market trading on Friday. Currency traders…
Sudan’s Central Bank Begins Gold Purchases

Sudan’s Central Bank Begins Gold Purchases

The Central Bank of Sudan has started purchasing gold in line with directives from the Economic Emergency Committee, as part…
Gold Prices Decline in Sudan

Gold Prices Decline in Sudan

Gold prices in Sudan dropped on Thursday by $5.50, mirroring a global decline in the precious metal. The price of…
Construction of Cities for Miners in Berber and Abu Hamed

Construction of Cities for Miners in Berber and Abu Hamed

The Governor of Nile River State, Dr. Mohamed Al-Badawi Abdel-Majid, announced plans to establish residential cities for the families of…
Sudan Agricultural Bank and Turkey’s Ziraat Bank Reach Understandings

Sudan Agricultural Bank and Turkey’s Ziraat Bank Reach Understandings

A joint meeting between Sudan’s Agricultural Bank and Ziraat Bank’s Sudan branch underscored the importance of strengthening cooperation in various…
Power Gradually Restored Across Sudanese States

Power Gradually Restored Across Sudanese States

The states of Khartoum, Gezira, River Nile, and Red Sea witnessed widespread power outages in the early hours of Thursday…
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