Saudi Arabia is set to enter the Sudanese gold market, aiming to challenge the United Arab Emirates' (UAE) dominance in the sector. This move comes as Sudan seeks new export partners following diplomatic tensions with the UAE, which previously dominated its gold exports. In the first nine months of 2024, Sudan exported approximately 10.9 tons of gold, valued at $1.05 billion, primarily to the UAE. The Saudi Gold Refining Company has expressed its readiness to begin purchasing gold from Sudan, according to Sudan's state-owned mineral resources company. While details on the scale and timing of these transactions remain undisclosed, this development signals a potential shift in the regional gold trade dynamics. Analysts suggest that while Saudi Arabia's involvement may not immediately replace the UAE's role, it underscores the geopolitical tensions and could lead to significant changes in Sudan's gold export structure.