Saudi-UAE Spat Finds New Front in Lucrative Sudan Gold Shipments

Saudi Arabia is poised to buy gold from war-torn Sudan, potentially taking a share of the lucrative market from the United Arab Emirates as a dispute simmers between the two Gulf powers.

Embroiled in an almost three-year conflict, Sudan’s military-backed government officially shipped $1.97 billion of the precious metal to the UAE in 2024. But after a public rupture with Abu Dhabi last year over its alleged involvement in the fighting, the generals are seeking alternatives.