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Gold recovered above the US$4,000 mark after last week’s pullback, but analysts say the correction is masking a deeper shift in global demand. While short-term investors have reduced exposure, central banks and long-term buyers—particularly in China—continue to increase their gold holdings, reinforcing gold’s role as a strategic reserve asset.
23/07/2026
Saudi Arabia’s Arab National Bank has raised $750 million through an AT1 sukuk priced at a 6.50% yield, with orders exceeding $3 billion.
Egypt and Oman are exploring greater integration between their economic and free zones to boost trade, expand market access, and support cross-border manufacturing and re-exports.
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