Iraq -

Iraq Central Bank Continues Gold Accumulation

October 9, 2024October 10, 2024David Rutman

The Central Bank of Iraq (CBI) has further expanded its gold reserves, adding 4 tonnes to its holdings in June and July. This brings the CBI’s total gold purchases for the year to 10 tonnes, lifting its overall gold reserves to 153 tonnes. New data from the IMF shows that the Central Bank of Iraq […]

Saudi Arabia and Gulf States invest in Iraq

February 28, 2024February 28, 2024David Rutman

Two decades after the fall of Saddam Hussein’s regime in Iraq, the country is now, for the first time, attracting investments from Gulf Cooperation Council countries, including from Saudi Arabia. This is a milestone given past major differences between them over Iraq’s relationship with Iran. For more stories from The Media Line go to themedialine.org […]