Oman Agrees to Receive Sudanese Gold Exports

Omdurman National Bank has informed its gold traders and exporters that Oman’s Sahara International Bank has agreed to receive all proceeds from Sudan’s gold exports, provided prior coordination is made before sending the required documents. The agreement follows a joint meeting between the two sides and marks a significant breakthrough for Sudan amid its current economic and trade challenges, particularly after recent Gulf decisions.

This development comes as Sudan seeks alternatives to its traditional markets following the UAE’s decision to suspend all imports from Sudan—including gold—as well as to halt air and maritime traffic between Sudanese and Emirati ports and airports.

General Abdel Fattah al-Burhan, Chairman of the Sovereignty Council, directed the relevant authorities to urgently find replacements for the UAE in terms of trade and exchange operations, prompting Sudanese banks to accelerate efforts to secure alternative channels for exporting gold—the backbone of the Sudanese economy.