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 ?
"This new partnership framework brings together the elements of our joint engagement with the Arab Monetary Fund under one umbrella in a more structured, ambitious and comprehensive manner.
The Arab Monetary Fund is an Arab inter-governmental institution bringing together 22 Arab countries.
The figures were published by the Arab Monetary Fund. The report shows that the value of 13 Arab bourses fell, while the Qatari bourse kept its momentum.
Caretaker Minister of Finance Mohammad al-Hussein said that participants include the Arab Monetary Fund, the Arab Fund for Economic & Social Development, the Arab Bank for Economic Development in Africa, the Arab Investment and Export Credit Guarantee Corporation, and the General Agency for Investment and Agricultural Development.
He also noted that efforts to tackle the crisis originate from the Arab Monetary Fund responsible for laying necessary guidelines and its outcomes on the Arab states and its financial institutions.
Summary: Rabat - Morocco and the Arab Monetary Fund (AMF) signed, on Tuesday in Rabat, a financing agreement worth nearly 2 billion dirhams ($ 220 mln) to develop financial and banking services offered by the Fund as part of its cooperation with Morocco.
The Abu Dhabi based Arab Monetary Fund has approved a $76 million loan for Jordan to undertake key financial reforms that include bank stress tests and setting up a credit bureau, the central bank governor said on Sunday.
The Arab Monetary Fund declared in a statement the beginning of the 19th meeting of the Arab Committee for Banking Supervision of the Board of central banks and Arab monetary institutions.
Abu Dhabi, 28 Sept: Sudan's central bank signed an agreement with the Arab Monetary Fund for a $25 million loan at the fund's meeting in Abu Dhabi.
Summary: Lebanon received a soft loan of $85 million from the Abu Dhabi-based Arab Monetary Fund (AMF) on Monday to finance the purchase of oil and fuel oil.
The authors are all representatives of international and Arab monetary organizations, such as the World Bank and the Arab Monetary Fund. They treat the questions of female entrepreneurs, women in the work force and the best ways to make economic advancement available to women.
In a report issued by the Arab Monetary Fund in Abu Dhabi in January, the Arab League--which represents 22 Arab countries--cited Israel's refusal to transfer funds raised by taxes on Palestinians to the Palestinian Authority as a main cause of the growing impoverishment of the West Bank and Gaze.

Full browser ?