Gold Smuggled From War Zones Entered the UAE Despite New Regulations, Report Says
Swissaid said 591 tonnes of illicit gold entered the country in 2024 despite 2023 due-diligence rules, with most flows tied to Africa and war zones.
- A new Swissaid report found the United Arab Emirates remains a primary hub for smuggled conflict gold, importing at least 591 tons of illicit precious metal valued at $74 billion in 2024.
- Most illicit gold reached Dubai refineries from African nations, with 453 tons valued at over $56 billion arriving in 2024, as the region serves as a bridge between continental mines and global demand centers.
- Smuggled gold from Russia and Yemen accounted for an additional 137.7 tons valued at nearly $17 billion, while conflict-linked gold from these sources and African countries comprised 42% of total UAE imports.
- Swissaid authors recommended placing the UAE back on the Paris-based Financial Action Task Force 'gray list,' citing that 2023 due diligence requirements have failed to stem illicit gold inflows.
- Since April 2023, all Sudanese gold 'should be considered as conflict gold,' Marc Ummel at Swissaid stated, as large quantities are smuggled to finance the paramilitary Rapid Support Forces.
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Gold smuggled from war zones entered the UAE despite new regulations, report says – WTOP News
CAIRO (AP) — The United Arab Emirates remains a key destination for gold smuggled from war zones despite new regulations on the trade imposed by the government after facing international pressure, a new report says. Many gold refiners and traders in the UAE are not following the rules and enforcement is lax, according to the...
The Toronto Star
Gold smuggled from war zones entered the UAE despite new regulations, report says
CAIRO (AP) — The United Arab Emirates remains a key destination for gold smuggled from war zones despite new regulations on the trade imposed by the government after facing international pressure, a new report says.
Gold smuggled from war zones entered the UAE despite new regulations,
CAIRO (AP) — The United Arab Emirates remains a key destination for gold smuggled from war zones despite new regulations on the trade imposed by the government after facing international pressure, a new report says. Many gold
UAE remains ‘main destination’ for gold smuggled out of Sudan and other war zones
UAE remains ‘main destination’ for gold smuggled out of Sudan and other war zones Submitted by Oscar Rickett on Fri, 11/13/2026 - 14:04 United Arab Emirates 'imported at least 591 tonnes of illicit gold into the country in 2024', new report from Swissaid finds Bars of gold in a shop in the Dubai Gold Souk on 13 April 2026 (Fadel Senna/AFP) Off The United Arab Emirates remains the key trading hub for smuggled gold and conflict gold, a new re…
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