Economic

New Directives from the Central Bank to Commercial Banks

New Directives from the Central Bank to Commercial Banks

The Central Bank of Sudan has instructed commercial banks and financial institutions to revalue their fixed assets in order to…
Foreign Currencies Hold Firm at Elevated Levels

Foreign Currencies Hold Firm at Elevated Levels

Foreign currency rates maintained their recent gains in Monday’s trading on the parallel (informal) market. Traders in the informal foreign…
Gold Prices Surge Sharply

Gold Prices Surge Sharply

Gold prices climbed at the start of Monday’s trading, with spot prices rising by nearly 2% to $5,387.26 per ounce,…
$7 Billion in War Losses: Geological Research Authority Recovers Technology and Resumes Exploration

$7 Billion in War Losses: Geological Research Authority Recovers Technology and Resumes Exploration

Ahmed Haroun Altoum, Consultant Geologist and Director General of the General Authority for Geological Research, revealed that Sudan’s mineral sector…
“The Authority” Intensifies Road Maintenance and Rehabilitation in Khartoum

“The Authority” Intensifies Road Maintenance and Rehabilitation in Khartoum

The Roads, Bridges, and Watercourses Authority of Khartoum State has instructed all its road maintenance teams to intensify work on…
Fluctuations in Foreign Currency Rates

Fluctuations in Foreign Currency Rates

Foreign currency rates in the parallel market showed fluctuations on Sunday, with some currencies declining while others held onto recent…
Gold Prices Rise in Sudan

Gold Prices Rise in Sudan

Gold prices in Sudan rose by $33.72 during Wednesday’s trading session. The price of an ounce (28 grams) reached $4,912.35.…
Foreign Currency Rates Maintain Upward Trend

Foreign Currency Rates Maintain Upward Trend

Foreign currency rates in the parallel market stabilized on Wednesday at the elevated levels recorded in recent days. Traders in…
Partnership Between Ministry of Agriculture, DAL Group and Agricultural Research Corporation to Produce Cotton Seeds

Partnership Between Ministry of Agriculture, DAL Group and Agricultural Research Corporation to Produce Cotton Seeds

The Ministry of Agriculture and Irrigation has signed a strategic partnership agreement with DAL Group and the Agricultural Research Corporation…
Expectations of Imminent Breakthrough in Sudanese Banks’ Dealings with Foreign Lenders

Expectations of Imminent Breakthrough in Sudanese Banks’ Dealings with Foreign Lenders

Abdel Moneim Mohamed Al-Tayeb, Director of the government-owned Omdurman National Bank, announced an imminent breakthrough in Sudanese banks’ dealings with…
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