Aug 11, 2023
Buna holds its 43rd virtual workshop
On the path paving the way to the COP28 hosted by UAE, the workshop will demonstrate the relevance of sustainability and ESG policies for Financial Market Infrastructures and how Buna responds to these challengesThe workshop will also address the criticality of business continuity in Financial Market Infrastructures and the preparation of Buna to...
Jul 29, 2023
The Arab Monetary Fund (AMF) extends a new loan to the Arab Republic of Egypt, with an amount of Arab Accounting Dinar 153.475 million, the equivalent of approximately USD 615.8 million, to support reforms in the financial and banking sector
The AMF extended a new loan to the Arab Republic of Egypt, with the amount of Arab Accounting Dinar 153.475 million, the equivalent of approximately USD615.8 million, within the framework of the Structural Adjustment Facility in the Financial and Banking Sector. The agreement was signed onTuesday, July 25, 2023, by H.E. Hassan Abdalla,...
Jun 23, 2023
Buna holds its 42nd virtual workshop
The workshop will demonstrate how Buna contribute to greater financial inclusion by interlinking countries and regionsThe workshop will also serve to unveil newest Buna products and achievementsMore than 200 senior officials will attend the workshop, representing central banks and a wide spectrum of regional and global financial institutions
Jun 21, 2023
The Arab Monetary Fund publishes an economic study about: “The GDP–CO2 Emissions Nexus in Arab Countries”
The study analysed the relationship between real GDP per capita, renewable energy consumption, energy prices, and CO2 emissions in Arab countries using the Environmental Kuznets Curve (EKC) framework.The findings showed a non-linear relationship between real GDP per capita and CO2 emissions. As the GDP rises, CO2 emissions increase to a...
Jun 08, 2023
The Arab Monetary Fund issues a study on “Impacts of Financial Inclusion on Human Capital Development in the Arab Region”
Financial inclusion significantly boosts human capital development in Arab countries, positively impacting education and health outcomes.Prioritizing financial inclusion is crucial for promoting inclusive economic growth and reducing inequality, especially among marginalized populations.Improved access to financial services enables individuals to...
Latest Arab World's Economic News and Financial Status
RatesArab Accounting Dinar
- The Arab Accounting Dinar
- is the official currency
- of the Arab Monetary Fund
Composite Index Daily Index
- Last Updated
- Sep 26, 2023
Lending for Arab Countries
- of the funding
- Since the begining of 2020
The events and workshops organized by the Arab Monetary Fund
Initiatives and Work Groups
Committees and Work Groups emanating from the Board of Governors of Arab Central Banks and Monetary Institutions
The Arab Committee on Banking Supervision (ACBS) was established in 1991 by the Council of Governors of Arab Central Banks and Monetary Agencies.
The Council of Governors of Arab central banks and monetary agencies decided in its 2004 annual meeting, to establish the Arab Committee on Payment and Settlement Systems (ACPSS).
The Council of Arab Central Banks and Monetary Authorities’ Governors decided in 2015 to establish the Arab Committee on Credit Information.
The Council of Arab Central Banks and Monetary Authorities’ Governors decided in 2014 to establish, the Financial Stability Task Force (FSTF). The Task Force is composed mainly of Directors in charge of financial stability issues at Central Banks in the region and meets at least twice a year
The main objective of the Task Force is to contribute to the ongoing efforts to increase financial inclusion in the Arab countries, by assisting national authorities in strengthening their regulations and instruments to expand financial services coverage, enhance financial awareness in the Arab region...
A working group comprising technicians and experts from the Arab countries from the public and private sectors in addition to experts from regional and international financial institutions, service providers and leading organizations in Fintech industry at the international level.
FIARI is a key driver for increasing financial inclusion and translating the willingness of the Arab Monetary Fund to strengthen the technical assistance and the capacity development to support member states and make efforts to provide financial services to Arab countries.
The initiative to develop debt markets in Arab countries is a joint project between the Arab Monetary Fund (AMF) and the International Monetary Fund (IMF), which aims to promote and enhance the functioning of both, government and private, debt markets in the Arab countries.
The Arab initiative has for mission to assist Arab countries to strengthen, improve and adapt their statistical system and also involves the promotion and harmonization of statistics among Arab countries through the use of identical methodologies, concepts, definitions and classifications.
The Arab Monetary Fund focuses on implementing a set of qualitative activities and interventions with a strategic dimension in the areas of the digital economy related to the Fund's work and its establishment agreement.