Khartoum Stock Exchange worth around 5 Billion dollars, the stock exchange is open only one hour per day, Sunday through Thursday. Khartoum Stock Exchange The Khartoum Stock Exchange is the principal stock exchange of Sudan. It is located in Khartoum and its name is abbreviated to KSE. The principal stock index of the KSE is the Khartoum Index. The idea of KSE started in 1962 by Ministry of finance, bank of Sudan and International Finance Corporation (IFC). On 1964 a department for government bonds was established within the Bank of Sudan for issuing bonds. In 1966 the first government bonds were issued with
Bank of Khartoum Bank Misr's six branches became People's Cooperative Bank. Arab Bank's four branches became Red Sea Bank or Red Sea Commercial Bank (reports differ). Commercial Bank of Ethiopia's one branch became Juba Commercial Bank. National and Grindlays Bank's four branches, which Ottoman Bank had established, became Omdurman Bank. Then in 1973 the government merged Red Sea Bank and People's Cooperative Bank into Omdurman Bank. Eleven years later, Omdurman Bank merged with Juba Commercial Bank to form Unity Bank. In 1993, the government grouped Unity Bank, National Export Import Bank, and Bank of Khartoum into the Khartoum Bank Group. In 2002 the