Sudan
Sudan’s gold trade fuels war—and slips through state Control
Sudan’s civil war is being bankrolled not by oil, but by gold — and nearly all of it flows through the United Arab Emirates.
The European Union is readying a 7.4 billion euro ($8.08 billion) package aimed at shoring up Egypt's economy amid fear that conflict in Gaza and Sudan could exacerbate financial trouble in the country.
The economic situation in Egypt is poor © Mena Today
The European Union is readying a 7.4 billion euro ($8.08 billion) package aimed at shoring up Egypt's economy amid fear that conflict in Gaza and Sudan could exacerbate financial trouble in the country, the Financial Times reported on Wednesday.
European Commission President Ursula von der Leyen will travel to Cairo on Sunday with the Greek, Italian and Belgian prime ministers to finalize and announce an agreement, the newspaper reported.
Sudan’s civil war is being bankrolled not by oil, but by gold — and nearly all of it flows through the United Arab Emirates.
Aya Gold & Silver has kicked off 2025 with a sharp surge in production, signaling a major ramp-up at its flagship Zgounder mine in Morocco.
Egypt has thrown its full diplomatic weight behind the European Commission’s newly announced €1.6 billion multi-year support program for the Palestinian Authority (PA), calling it a clear affirmation of Europe’s commitment to Palestinian statehood and institutional resilience — explicitly excluding any role for Hamas in Gaza’s future.
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