In line with its continuous efforts to support the decision-making process in the Arab countries, the Arab Monetary Fund (AMF) has released a study titled “Implications of Capital Inflows on financial stability in Arab countries”. This study sheds the light on the effect of capital inflows, whether it is direct investment or portfolio investment or other investments, on financial stability on a set of Arab countries and provides analytical framework for Arab countries that help them in improving their efforts in enhancing financial stability.

In this context, paper investigates the impact of net capital inflows on credit to the private sector as a share of gross domestic product. It tries to assess to what extent net capital inflows could lead to excessive credit growth and, hence, undermine financial stability. The results show that net capital inflows may have a negative long run impact on financial stability in the Arab countries through increasing credit growth.

Abu Dhabi, 27 October 2022: In a ceremony hosted by the Arab Monetary Fund, Mr. Tarek Raouf,  Chief Executive Officer of Egyptian Banks Co. for Technological Advancement (EBC), a payment system operator owned by the Central Bank of Egypt, and a group of commercial banks, and Mr. Mehdi Manaa, CEO of Buna, the cross-border payment system operated by Arab Regional Payments Clearing and Settlement Organization “ARPCSO”, owned by The Arab Monetary Fund “AMF”,  signed today a Memorandum of Understanding (MoU) putting in place a framework of cooperation between Buna and EBC.  The ceremony was held in the AMF headquarter in Abu Dhabi, UAE, under the patronage of H.E Dr. Abdulrahman A. Al Hamidy, Director General Chairman of the Board of the Arab Monetary Fund.

Abu Dhabi, 26^th October 2022: Buna (the cross-border payment system operated by Arab Regional Payments Clearing and Settlement Organization “ARPCSO”, owned by The Arab Monetary Fund “AMF”), holds tomorrow a workshop to share updates on its strategic initiatives.

The workshop comprises different topics to update the Buna community on several key developments such as the Buna’s approach to cybersecurity and the different enhancements introduced recently to cater for the growing needs of our participants in terms of level of support and scope of service.

In addition, the workshop will be the occasion to announce a new strategic partnership and a major step towards building the instant payment hub for the Arab world and beyond.