The report of the World Gold Council revealed that the gold reserves of the Arab countries reached 1555.3 tons. While the gold reserves of the countries of the world combined to 35927.4 tons.
According to the World Gold Council report, five Arab countries account for the lion's share (about 67.65 percent) of the total Arab countries' reserves of the yellow metal. The countries are Saudi Arabia (323.1 tons), Lebanon (286.8 tons), Algeria (173.6 tons), Iraq (142.6 tons), and Egypt (126.2 tons). Libya ranked 36th globally with a total of 116.6 tons, followed by Qatar ranked 41st globally with a total of 101 tons, Kuwait ranked 44th globally with a total of 79 tons, the UAE ranked 46th globally with a total of 74.4 tons, and Jordan ranked 47th globally with a total of 71.2 tons.
Source (Al Khaleej Emirati Newspaper, Edited)
