The Real Reason the UAE Is Obsessed With African Gold
In this video we follow the gold from a pit in Sudan or Burkina Faso
The UAE, an oil rich gulf country, produces almost no gold of its own, yet roughly a quarter of the world’s traded gold passes through Dubai. So why has Dubai become a global gold hub when it represents only a small amount of its total GDP?
In this video we follow the gold from a pit in Sudan or Burkina Faso, through the smuggling hubs of the Sahel, into Dubai’s refineries where its origins are melted away, and out into Western banks and vaults.
We explain what the UAE really gets out of African gold and it’s more than just money.