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Sudan's Booming Wartime Gold Trade Flows Through The UAE

Sudan
International Business Times Fews App News Provider
Fews App Post Time 5d ago

A woman examines gold jewellery at a shop in Dubai AFP Sudan's gold industry has become the lifeblood of its war, with nearly all of the trade channelled through the United Arab Emirates, enriching both the army and paramilitaries, according to official and NGO sources. The two-year conflict has decimated Sudan's economy, yet last month the army-backed government announced record gold production in 2024. Demand for the country's vast gold reserves was "a key factor in prolonging the war," Sudanese economist Abdelazim al-Amawy told AFP.

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