-
Feb 03, 2023
The Arab Monetary Fund (AMF) extends a new Compensatory Loan to the Kingdom of Morocco, with an amount of Arab Accounting Dinar 41.125 million, the equivalent of approximately USD 166 million, in face of current circumstances
The AMF has completed the launch of “Buna Platform” which aims to support regional financial integration and encourage inter-Arab trade and investments
-
Jan 20, 2023
Buna holds its 39th virtual workshop
The workshop will showcase Buna’s contribution to regional economic integration and detail the mechanisms put in place by the central banks to ensure the safety and resiliency of the service More than 200 senior officials will attend the workshop, representing central banks and a wide spectrum of regional and global financial institutions
-
Jan 10, 2023
Arab Monetary Fund releases a study on: Is Climate FinTech Effective in Mitigating Climate Change Risk?
The study aims to investigate the cause-and-effect relationship between the FinTech index and carbon dioxide emissions index globally. The study findings indicate that there is not a cause-and-effect relationship between the global FinTech index and the carbon dioxide emissions index, which indicates that climate FinTech tools and applications...
-
Dec 29, 2022
The Arab Monetary Fund and the Arab Gulf Programme for Development sign a memorandum of understanding to coordinate efforts to promote financial inclusion
The Arab Monetary Fund and the Arab Gulf Programme for Development sign a memorandum of understanding to coordinate efforts to promote economic development and achieve sustainable development goals in the Arab region via expanding financial inclusion Emphasis on supporting the successful implementation of the comprehensive economic reform program...
-
Dec 20, 2022
The Arab Monetary Fund publishes Guidance Note on “Adopting Smart Contracts and their Legal Enforceability in Arab Countries”
Advantages of adopting smart contracts across different sectors in Arab countries Assessment of opportunities and risks arising from the implementation of smart contracts for participants and markets Designing regulatory frameworks to protect data, improve consumer protection, ensure market integrity, and mitigate illicit financial risks
Recent Updates
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
-0.32%
- Last Updated
- Feb 10, 2023
- 486.35
Lending for Arab Countries
AAD47M
- During
- Year
- 2021
COVID-19 Intervention
AAD2B
- Status
- of the funding
- Since the begining of 2020
Events
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
The Arab Committee on Banking Supervision (ACBS) was established in 1991 by the Council of Governors of Arab Central Banks and Monetary Agencies.
The Arab Committee on Payment and Settlement Systems
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 Arab Committee on Credit Information
The Council of Arab Central Banks and Monetary Authorities’ Governors decided in 2015 to establish the Arab Committee on Credit Information.
Financial Stability Task Force
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
Arab Financial Inclusion Task Force
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...
Arab Regional Fintech Working Group
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.
The Financial Inclusion for the Arab Region Initiative (FIARI)
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.
Arab Debt Market Development Initiative
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.
ArabStat Initiative
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.
Digital Economy
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.