The report covers key economic developments in Arab countries during 2023, with a focus on the impact of global economic conditions on the region. It includes an integrated analysis of the performance of major economic sectors, such as oil and energy, public finance, foreign trade, and financial markets. In addition, it evaluates balance of payments, external public debt, and exchange rates, offering a clear view of the economic challenges and opportunities facing Arab countries.

In a forward-looking approach aligned with global trends, the report features a key chapter titled: "Digital Transformation in Arab Economies: Opportunities and Challenges." This chapter explores the importance of digital transformation as a pivotal factor for economic growth and sustainable development, while highlighting the challenges Arab countries face in accelerating digital transformation and adopting modern technologies.

The glossary consists of 13 chapters covering various financial technology terms,  such as Artificial Intelligence, Distributed Ledger Technology, Cloud Computing, and Data Security. The total number of terms in this edition has grown to 2426 terms, compared with 1070, in the previous edition.

His Excellency Dr. Fahad M. Alturki, Director General and Chairman of the Board of the Arab Monetary Fund, emphasized that the release of this glossary reflects the AMF's commitment to keeping pace with technological advancements and supporting Arab countries in adopting modern financial systems. He noted that the glossary contributes to enhancing awareness of financial technology, encouraging innovation, and improving access to digital financial services.

The Arab Monetary Fund emphasizes that “ISTISHARA” reflects its commitment to the values of empowerment and sustainable development by enabling member countries to access top global expertise and enhancing cooperation to achieve shared economic goals.

For more information, please visit the following link: ISTISHARA