Sudanese Gold Officially Enters Egyptian Market Through Joint Investment Alliance

Sudanese gold has officially entered the Egyptian market through a new investment alliance between Egyptian and Sudanese parties, as part of efforts to strengthen joint economic cooperation, according to Munjid Youssef, Business Development Director at the Egyptian-Sudanese Company for Development and Multi-Investments.

Youssef told Asharq Bloomberg that the company has become the first entity to officially bring Sudanese gold into the Egyptian market, in coordination with the concerned parties in both countries.

He explained that the annual imports of Sudanese gold range between two to three tons, under specific regulatory and quality standards, in a move that enhances trade relations and opens new avenues for cooperation in the precious metals sector.