The UAE has reaffirmed its strong commitment to maintaining a transparent and well-controlled gold market. In a new statement, the Ministry of Foreign Trade highlighted the country’s strict rules designed to keep all gold trade secure and trustworthy, especially after recent reports about imports from Sudan. At the center of these efforts is the UAE gold sector regulatory framework, which the ministry says has been built to ensure market integrity and global confidence.
According to officials, the UAE has developed a reliable system over the past five years that focuses on transparency, due diligence, and strict supervision. This includes mandatory anti-money-laundering checks, know-your-customer rules, and yearly audits for companies involved in the gold business. The ministry also noted that the country’s procedures match — and in some areas exceed — the international OECD Due Diligence Guidelines for minerals from conflict-affected or high-risk areas.
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Authorities explained that refiners and precious metal dealers must carry out detailed checks when dealing with suppliers from conflict-affected regions. This includes both on-site and remote reviews before any business relationship begins. By using a risk-based approach and continuous monitoring, the UAE has managed to greatly reduce the possibility of conflict-linked gold entering the official supply chain.
The ministry added that these strong measures have helped build trust among exporters around the world. In 2024, gold worth $186 billion passed through the UAE. Out of this, only $1.97 billion came from Sudan — just 1.06 per cent of the total value and no more than 0.4 per cent of the UAE’s GDP. This shows that Sudan’s share is very small compared to the country’s overall gold trade.
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In its statement, the Ministry of Foreign Trade said that the UAE will continue working closely with international bodies to maintain high standards of enforcement and reporting. With global confidence in its gold industry already strong, the country aims to keep improving the UAE gold sector regulatory framework to ensure long-term stability, transparency, and trust.