The AMF Composite Index remained broadly stable during May 2026, recording a slight decline of 0.05% compared to the previous month. Eight Arab stock exchanges posted gains, while six recorded declines. The Tunis Stock Exchange led the region with a gain of 10.04%, followed by the Damascus Securities Exchange (7.99%), the Amman Stock Exchange (3.46%), the Egyptian Exchange (1.73%), and the Casablanca Stock Exchange (1.57%).

The market capitalization of Arab capital markets declined by 0.31%, reaching approximately USD 4.42 trillion at the end of May 2026, a decrease of around USD 13.72 billion compared to the previous month, despite increases in market capitalization across eleven Arab stock exchanges.

Trading activity also declined, with the total value of traded securities falling by 26.42% to approximately USD 76.95 billion, reflecting lower trading volumes across several major markets, particularly the Saudi Exchange and the Egyptian Exchange.

The meeting is chaired by H.E. Amina Mirghani Hassan, Governor of the Central Bank of Sudan and Chair of the current session of the Council. It is attended by members of the Permanent Council, H.E. Ambassador Dr. Ali bin Ibrahim Al Maliki, Assistant Secretary-General and Head of the Economic Affairs Sector at the League of Arab States, and H.E. Dr. Fahad M. Alturki, Director General Chairman of the Board of the Arab Monetary Fund.

 

The meeting will discuss a number of priority topics, including financial stability and macroprudential policy, the role of monetary policy in enhancing export competitiveness, progress in implementing the Comprehensive Instant Payment Initiative, the restructuring of the governance framework of Buna, the Regional Institution for the Clearing and Settlement of Arab Payments, and a proposal to establish an Artificial Intelligence Working Group. Participants will also review progress in preparing the Arab Financial Stability Report and the Joint Arab Economic Report, in addition to considering the report of the Council Secretariat.

 

The meeting discusses a number of key topics related to enhancing the readiness of Arab financial systems to manage climate-related risks, developing national sustainable finance frameworks, and strengthening the role of financial markets and financial innovation in expanding green and sustainable finance.

In his opening remarks, Dr. Fahad M. Alturki, Director General Chairman of the Board of the Arab Monetary Fund, stressed the importance of strengthening regional cooperation, exchanging expertise, and building capacities to support the development of sustainable finance ecosystems across Arab countries, thereby contributing to economic stability and sustainable growth.

He also reaffirmed the Arab Monetary Fund’s commitment to continuing its support for member countries through the development of regional initiatives, the provision of technical advice, and capacity-building efforts, with the aim of enhancing the resilience of the Arab financial sector and its ability to adapt to future challenges and developments.

In this context, H.E. Dr. Fahad M. Alturki, Director General Chairman of the Board of the Arab Monetary Fund, emphasized the importance of continuing to hold such workshops in light of ongoing global economic and financial challenges, as well as the relative increase in public debt levels resulting from regional and international developments and the need to support economic activity. 

His Excellency noted that the workshop forms part of the Fund’s efforts to support Arab countries in enhancing the efficiency of public debt management and strengthening institutional and technical capacity building, in line with the Fund’s vision to support economic stability and sustainable growth in the Arab region.