Arab Monetary Fund


Also found in: Dictionary, Acronyms, Wikipedia.

Arab Monetary Fund

An international organization that promotes trade and development of financial markets for and between Arab states. It also aims to correct deficits in members' balance of payments. All its activities were originally intended to pave way for a united, Arab currency, but this goal has largely faded. It was established in 1977 and is based in Abu Dhabi, United Arab Emirates.
References in periodicals archive ?
The Arab Monetary Fund assumes the role of Technical Secretariat for the council.
He served as Vice-Governor at Saudi Arabian Monetary Agency over the period 2009-2013, and as Executive Director in the Arab Monetary Fund over the period 2003-2013.
The agenda of the gathering included a working paper on Morocco's experience in the field of boosting access to financial services, together with a working paper presented by the secretariat of the Arab Monetary Fund on the role of central banks.
The Arab Monetary Fund, the World Bank, the Consultative Group to Assist the Poor (CGAP), and the German Development Agency (GIZ), jointly organised the 5th Arab Policy Forum on Financial Inclusion taking place 10-11 of December at the Jumeirah Etihad Towers Hotel in Abu Dhabi, UAE.
It asked Arab states to provide comments on the draft the Unified Arab Economic Report for 2012 to the Arab Monetary Fund by the end of next month in order to prepare the report in its final form.
The Arab Monetary Fund (AMF) will provide a $144 million loan to Yemen this year to help its financial reform programme, the fund said on Monday.
The talks are being attended by representatives from the Arab League, the Arab Monetary Fund, the World Bank and Arab organisations specialised in development.
The Arab Monetary Fund and IFC, a member of the World Bank Group, are jointly organising a conference on "Building a High Performance Small Medium Enterprise Business in the Arab World" on 7-8 May at the Jumeirah Emirates Towers Hotel in Dubai, UAE.
Participants of such meeting included governors from the Arab Fund for Economic and Social Fund, Arab Monetary Fund, among others.
Arab Monetary Fund (AMF) has signed a second section of a loan agreement worth USD 470 million with Egypt, as per which the fund would lend USD 270 million to Cairo.
Deputy Managing Director of the International Monetary Fund (IMF) Nemat Shafik and Arab Monetary Fund (AMF) Director General and Chairman of the Board Dr.
Arab Monetary Fund (AMF) Board of Executive Directors has decided to grant a $270 million loan to Egypt, which will help the country in easing the governmental finance sector.

Full browser ?