November 21, 2017
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November 20, 2017

The Bank of Sudan on Sunday issued a decision cancelling the licenses of a number of companies working in gold mining and exportation for their involvement hard currency black marketeering and speculations during the last week.

On his part the central bank of the Sudan imposed fines on some Banks in accordance with the las organizing the work of the banks in the Sudan and thus some banks will impose administrative punishment on some workers in the banking system.

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November 20, 2017

The Central Bank of Sudan (CBoS) on Sunday has revoked business licenses of a number of gold trade companies saying the decision was prompted by their involvement in currency speculations.

Late last week, the Sudanese pound fell to a record low as the U.S. dollar price reached 28,2 SDG in the black market.

In a press release on Sunday, the CBoS said: “a decision was made"...

November 20, 2017

The National Assembly (Parliament) will hear in it sitting on Monday the response of the Minister of Investment on a query about the lands that have distributed in accordance with the Investment Act.
The Parliament will also review statements of the economic development sector on the ministries' performance for the first half of the year 2017 and their plans for the year 2018.
The National Assembly will hear statements of the Ministers of Investment and International Cooperation, in addition to statements of"...

November 20, 2017

A memorandum of understanding was singed Friday between the National Upstream Solutions Company (NUS)and Tianjin Company (DFXK) of China was signed Sunday, in the presence of the Minister of Oil and Gas Dr. Abdulrahman Osman on financing the purchase of two 1,500-horsepower oil drilling platforms at soft payment terms extended up to three years.
The General Manager of the National Upstream Solutions Company Consultant Engineer Ahmed Abu Bakr signed on behalf of the Sudanese side and the President of Tianjin Company Mr."...

November 20, 2017

The Arab-Chinese Conference on Cooperation Prospects is due to be held at the Friendship Hall on Tuesday, 21th of the current November, under the honor of the First Vice President of the Republic and National Prime Minister Lt. Gen. Bakri Hassan Saleh.

The conference is to be organized by the Association of Arab-Chinese Friendship Societies in collaboration with the African International University and the African Research and Studies Center, with wide"...

November 20, 2017

The Minister of Water Resources, Irrigation and Electricity Muataz Musa has revealed Sudan and Ethiopia have reservations on some of the fundamental points of the preliminary consultative report on the study the economic, social and environmental impacts of the Ethiopian Renaissance Dam.
The minister said that at the top of these points was what the baseline data from which studies of the operation of the dam starts on which the Egyptian side reserved, adding that Sudan and Ethiopia submitted constructive and objective"...

November 20, 2017

Al Fashir- The Bank of Khartoum has agreed to open two additional branches at Kutum and Kabkabiya towns in North Darfur State after the full security stability North Darfur

has witnessed.
Governor of North Darfur State Abdel-Wahid Yusuf said opening of branches for the Bank of Khartoum in the towns of Kutum and Kabkabiya would contribute greatly to increasing production in the state as the areas are characterized with agricultural and animal production."...