The three-year cooperation agreement aims to deepen collaboration between the two institutions through joint research and events, capacity building, and staff exchanges. It also seeks to leverage their respective expertise and experience to promote knowledge sharing and dialogue.

“In times of heightened uncertainty and geoeconomic fragmentation, safeguarding macroeconomic and financial resilience in our regions is a responsibility we must shoulder with resolve,”said AMRO Director Yasuto Watanabe. “This MOU with the AMF represents an important step forward in our collaboration and underscores our shared commitment to strengthening the Global Financial Safety Net by leveraging our combined expertise.”

A total of 12 Arab exchanges recorded gains, led by the Muscat, Cairo, and Amman exchanges. In the United Arab Emirates, both the Abu Dhabi and Dubai exchanges saw an increase in performance, with Dubai recording growth between 2.35% and 3.98%, while Abu Dhabi recorded an increase of less than 1%.

In terms of liquidity, the value of trading in Arab markets rose to USD 252.2 billion, supported by a notable increase in the Egyptian and Kuwaiti exchanges. The market capitalization of Arab stock exchanges also grew by 2.16%, reaching approximately USD 4.31 trillion.

Monetary easing policies had a positive impact on the markets, as several central banks, including the Central Bank of the UAE, reduced interest rates, contributing to improved liquidity and increased investment activity. The Central Bank cut the Overnight Deposit Facility rate to 4.15%.

The Arab Monetary Fund’s composite index of Arab capital markets recorded a decline of 0.72% during August, impacted by decreases in eight Arab stock exchanges, compared to increases in six others.

In detail, the Muscat Stock Exchange led the advancing markets with a rise of 5.21%, followed by the stock exchanges of Egypt, Iraq, Casablanca, and Amman. On the other hand, the stock exchanges of Damascus, Palestine, Abu Dhabi, and Saudi Arabia experienced notable declines, with Damascus registering the largest drop of 8.84%, followed by Palestine with 5.20%.

Globally, advanced markets ended trading in August with positive performance, as the Nikkei, Dow Jones, and Standard & Poor’s indices rose between 1.91% and 4.01%, despite persistent concerns over increased U.S. tariffs on imports from the European Union, India, and Brazil.

H.E. the Governor of the Central Bank of Jordan opened the festival with a speech welcoming participants and Arab and international delegations, stressing that hosting this event reflects a national vision that Jordan is steadily moving toward consolidating its position as a regional hub for innovation in the fintech industry. His Excellency noted that the Kingdom, under the leadership of His Majesty King Abdullah II Ibn Al Hussein, and with the support and follow-up of His Royal Highness Crown Prince Al Hussein bin Abdullah II, has made significant progress in developing digital payments infrastructure, enacting advanced legislation such as the Virtual Assets Law, and enhancing financial inclusion in line with global best practices.