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September 8, 2025Banned from UAE trade Sudan hunts for alternative gold markets
A United Arab Emirates ban on all trade with Sudan has badly impacted the North African nation’s gold exports, spurring it to seek alternative buyers in Oman and elsewhere.
The UAE is Sudan’s biggest trading partner, with two-way flows totalling $2.2 billion last year, International Monetary Fund data shows. While Sudan’s military-backed government formally cut ties with the UAE in June for allegedly arming the paramilitary Rapid Support Forces, its adversary in a civil war, the Gulf nation remained a key market for its bullion. The UAE denies aiding the RSF.
An internal report from Sudan’s Transportation Ministry that was seen by Bloomberg shows the UAE decided to halt trade with Sudan on Aug. 7, a ban that extended to the shipment of products in transit from Asia and other Gulf countries. The document didn’t spell out reasons for the UAE’s move.
