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Forbes magazine revealed the largest gold reserves in Arab countries, according to data from the World Gold Council. A serious economic crisis has been raging for some time, but he owns 286.8 tons of gold, but this balance represents 43.3% of the total. reserves of this country.
After Lebanon, Algeria comes third in the Arab world, with a gold reserve of 173.6 tons, which constitutes 18.2% of its reserves, then Libya, which has 116.6 tons. , which represents about 8.5% of its total reserves, then Iraq, which ranks fifth with 96.3 tonnes It occupies 9.4% of its reserves.
Egypt ranks sixth, with 80.6 tons of the yellow metal, which constitutes 11.9% of the total reserves of the Central Bank of Egypt, followed by Kuwait in seventh place with 79 tons of gold, which represents 9.3% of its reserves, while Qatar ranks eighth. with 59.8 tonnes It represents 6% of the reserve.
Jordan comes in ninth place in the Arab world with 56.9 tons, which constitutes 19.4% of reserves, then the United Arab Emirates is in tenth place with 55.3 tons, which is equivalent to 2.9% of the volume of reserves of the Central Bank of the United Arab Emirates, knowing that all the data, according to the World Gold Council for the current month of September, relate to the end of June with the exception of Lebanon, Libya, Iraq and Jordan, according to the latest data available.
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