Economics

Saudi-Sudanese trade exchange amounts to SR 4.6 billion

The volume of trade exchange between the Kingdom of Saudi Arabia and Sudan reached 4.6 billion Saudi riyals in 2018, equivalent to $ 1.2 billion, revealed Professor of economics at the University of Khartoum Prof. Mohamed Al-Jak Ahmed. al-Jack said in a statement to SUNA, that the past years have witnessed a great prosperity for Saudi investments in Sudan, particularly ...

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Sudanese pound hits new low against U.S. dollar

The U.S. dollar reached a new peak on Sunday against the Sudanese pound, hitting a record of 75 pounds. The historic fall of the Sudanese pound against the dollar comes as the new transitional government failed to draw international financial and economic support to the country’s ailing economy. Dealers in the parallel market who spoke to “Sudan Tribune said that ...

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National strategy on establishment of continental free trade zone

A joint meeting between the delegation of the UN Economic Commission for Africa (UNECA) currently visiting the country and the representatives of the Federation of Chambers of Commerce headed by the member of the National Chamber of Exporters Dr. Khalid Al-Maqbool has reviewed ways and mechanisms of the UNECA assistance to Sudan to develop a national strategy for the implementation ...

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