Sep 16, 2022
Buna holds its 36th virtual workshop to share latest achievements and new milestones
The workshop will host leading banks from United Arab Emirates and Kingdom of Saudi Arabia that will share their experiences of Buna More than 200 senior officials will attend the workshop, representing central banks and a wide spectrum of regional and global financial institutions
Sep 13, 2022
Arab Monetary Fund releases a study on “Towards a Circular Economy in The Arab Region: Development of Transformation Measurement Index”
The study aims to build an index to measure the circular economy (CE). The index is established based on globally recognized CE indicators that can be used to measure countries' transition toward circular economy. In light of the proposed index developed by the study, policymakers and stakeholders can determine the countries' transmission...
Sep 10, 2022
Buna and Standard Chartered celebrate euro real-time payments in Buna
The inclusion of the Euro in Buna will strengthen economic ties between the Arab World and Europe, as well as other international trade partners
Aug 20, 2022
The Arab Monetary Fund released a study on: “An Analysis of Symmetric and Asymmetric Information in the Volatility Structure of Real Exchange Rates”
As a result of the symmetric analysis, the findings indicate that volatility structures of the real exchange rate markets' return under study are symmetrically informative. On the other hand, the asymmetric analysis results indicate that real exchange rate markets’ returns in Saudi Arabia, Egypt and Algeria are asymmetrically informative, and...
Aug 18, 2022
The Arab Monetary Fund Releases The Seventeenth Edition of the Arab Economic Outlook Report Including Macroeconomic Forecasts for Arab Economies for 2022 and 2023
According to the Arab Monetary Fund, the expected economic growth rate for the Arab countries will rise to 5.4 percent in 2022 due to rising oil prices, the increase in production in Arab oil-exporting countries, and the continuation of reforms that promote growth. Arab countries are expected to face relatively high inflation rates in 2022...
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 29, 2022
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.