Gold glory for Saudi Arabia
Gold
Jeddah - Arab Today
With nearly 333 tons of gold reserves, the Kingdom ranks 16th globally and first among Arab countries. The US ranks first in the world in terms of gold reserves.
This has been revealed by the 2016 Gold Demand Trends (Q2) report issued by the World Gold Council.
Demand for gold increased by 15 percent, from 910.4 tons in the last quarter of 2015 to 1050.2 tons in the second quarter of 2016.
The total supply of gold increased by 10 percent during the second quarter of 2016, from 1041.7 tons at the end of 2015 to 1144.6 tons in the second quarter of 2016.
Demand for jewelry and precious items accounted for the largest share of the gold business, despite a decline in demand by 14 percent.
Saudi Arabia ranked 6th with 16.7 tons in the second quarter of 2016. The UAE ranked 10th globally, with consumer demand for gold reaching 12.5 tons. China maintains the top position.
Source: Arab News
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in January
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 10:41 2017 Tuesday ,09 May
Russia’s Lavrov to visit Washington with Syria in sight
GMT 09:26 2017 Sunday ,12 March
Narendra Modi’s party claims victory in four Indian states
GMT 07:20 2017 Saturday ,08 April
Joint Security Force deploys in Ain el Hilwe
GMT 17:52 2017 Thursday ,23 February
Over 1,200 illegal immigrants arrested in Guangdong, Hong Kong
GMT 01:54 2017 Wednesday ,03 May
King chairs meeting to boost Amman business environment
GMT 14:27 2017 Wednesday ,15 February
3rd Morocco-GCC Meeting Focuses on Intensifying Economic Cooperation
GMT 15:08 2017 Saturday ,26 August
54 million m3 of water used for agricultural purposes in 2016
GMT 12:46 2017 Wednesday ,15 February
Turkey’s entanglement in Al-Bab
GMT 09:41 2017 Saturday ,26 August
Gaza boy swimmer death puts spotlight on pollution crisis
GMT 11:03 2017 Thursday ,18 May
Egypt's grand mufti says Islamic scholars must bear in mind societal changes
GMT 14:20 2017 Tuesday ,07 February
Khamenei rebuffs Trump's warning on missiles
GMT 21:12 2016 Sunday ,23 October
Yemen deports 200 illegal African migrants
GMT 09:12 2017 Friday ,10 February
Trump, senior Republican spat over deadly Yemen raidGMT 13:58 2012 Thursday ,04 October
Michel Azzi leaves Future TV
GMT 23:57 2017 Tuesday ,11 July
Iran says IAEA resolution lacks credibility, effectiveness
GMT 23:31 2016 Saturday ,23 April
Thousands honor Shakespeare on 400th anniversary of his death
GMT 12:54 2017 Monday ,21 August
Lawmakers' efforts praised
GMT 00:58 2016 Wednesday ,07 December
Egypt, China sign Egyptian pound-yuan currency swap agreement worth 18 bn yuan
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor