Buna holds its 44th virtual workshop

The workshop will highlight Buna’s involvement in the G20 efforts to enhance cross-border payments

Banks from the Kingdom of Saudi Arabia and the United Arab Emirates will also join the workshop to share their experience and express their views on the Buna services

Abu Dhabi, October 5, 2023: Buna (the cross-border payment system operated by Arab Regional Payments Clearing and Settlement Organization “ARPCSO”, owned by The Arab Monetary Fund “AMF”), will hold its 44th workshop today, Thursday October 5th, 2023. On the path to progress, the workshop will highlight the continuation of G20 efforts to enhance cross-border payments and how Buna is actively contributing to it. Other sessions will involve participating banks from the Kingdom of Saudi Arabia and the United Arab Emirates. They will share their experience and express their views on the Buna services. 

Eighth Arab Fiscal Forum - المنتدى الثامن للمالية العامة في الدول العربية

Sunday, February 11, 2024

Madinat Jumeirah, Dubai, UAE

 

Eighth Arab Fiscal Forum will focus on how to design more efficient and equitable fiscal policies to address debt vulnerabilities and future fiscal challenges in a world of tighter financing constraints: the role of subsidy, tax administration, and public sector enterprise reforms
 

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 challenges

The workshop will also address the criticality of business continuity in Financial Market Infrastructures and the preparation of Buna to ensure the efficiency of the platform’s operational system

Abu Dhabi, August 10, 2023: Buna (the cross-border payment system operated by Arab Regional Payments Clearing and Settlement Organization “ARPCSO”, owned by The Arab Monetary Fund “AMF”), will hold its 43rd workshop today, on Thursday August 10th, 2023. On the path paving the way to the COP28, hosted by the United Arab Emirates, the workshop will demonstrate the relevance of sustainability and ESG policies for Financial Market Infrastructures (FMIs) and how Buna responds to these challenges. The workshop will also address the criticality of business continuity in Financial Market Infrastructures and discuss some of the challenges and the strategies in place set to mitigate potential risks in Buna.

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 USD 615.8 million, within the framework of the Structural Adjustment Facility in the Financial and Banking Sector. The agreement was signed on Tuesday, July 25, 2023, by H.E.

On this occasion, H.E. the Governor of the Central Bank of Egypt expressed his appreciation for the AMF’s continued support and the important role it plays in strengthening the ability of Arab countries to maintain economic and financial stability and face different challenges. In turn, H.E. the Director General of the AMF valued the efforts pursued by the Egyptian government to implement economic and structural reforms, which contribute significantly to the development of the Egyptian economy and sustaining an enabling environment for the domestic and foreign business sectors, stressing the AMF keenness to continue the fruitful partnership with the Egyptian government to help the country address the different challenges in the most effective way.

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