Egypt’s foreign reserves rise to $56.30bn at end-July 2026, central bank says Egypt’s foreign reserves rose to $56.30bn at end-July 2026, from $55.07bn in June, strengthening Egypt’s ability to meet …
reserves
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Business
Gold demand rises 2% in H1 2026 as central banks boost reserves
by James Bryantby James BryantGold demand steadies in Q2 2026 as central bank buying offsets ETF outflows Gold demand held at 1,269 tonnes in Q2 2026 and rose 2% in the first half to …
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Wonocolo oil field sustains local livelihoods amid declining reserves and safety concerns Wonocolo oil field in East Java remains a hub of community-run shallow wells, sustaining livelihoods while raising safety …
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Kuwait condemns Iranian attacks after dawn strike, cites UN resolution 2817 (2026) Kuwait condemns Iranian attacks following a dawn strike on June 6, 2026, calling the incident a clear violation …
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Business
Central banks increase gold buying signaling shift in global reserves
by James Bryantby James BryantCentral bank gold purchases signal strategic global shift in reserves Central bank gold purchases rose as countries added 863 tonnes in 2025 and 244 tonnes in Q1 2026, underscoring a …
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Fort Virtus secures historic double promotion to UAE First and Second Divisions Fort Virtus achieves historic double promotion as its first team rises to UAE First Division and reserves to …
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Business
UAE affirms record reserves and $2.9 trillion sovereign funds, vows infrastructure overhaul
by James Bryantby James BryantUAE financial resilience backed by record reserves and $2.9tn sovereign assets, says economist UAE financial resilience is underpinned by record central bank foreign reserves and roughly $2.9tn in sovereign assets, …
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Business
EU Announces Study of Strategic Fertiliser Reserves to Boost Production
by James Bryantby James BryantEU to study strategic fertilizer reserves and boost domestic production EU to study strategic fertilizer reserves and boost domestic production to shield food prices amid Middle East conflict and supply-chain …
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Modi Urges Indians to Work from Home, Cut Gold and Travel to Protect India’s Foreign Exchange Reserves PM Modi urges citizens to adopt work-from-home, reduce gold purchases and curb nonessential …
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Business
Emirates Group posts record cash reserves and profits in 2025-26
by James Bryantby James BryantEmirates Group cash reserves hit record AED 59.6bn as 2025–26 profit soars Emirates Group cash reserves reached a record AED 59.6 billion in fiscal 2025–26, while the group posted AED …