The Arab Monetary Fund (AMF) extends a new loan to the Arab Republic of Egypt, with an amount of Arab Accounting Dinar 153.475 million, the equivalent of approximately USD 615.8 million, to support reforms in the financial and banking sector

The AMF extended a new loan to the Arab Republic of Egypt, with the amount of Arab Accounting Dinar 153.475 million, the equivalent of approximately USD 615.8 million, within the framework of the Structural Adjustment Facility in the Financial and Banking Sector. The agreement was signed on Tuesday, July 25, 2023, by H.E.

On this occasion, H.E. the Governor of the Central Bank of Egypt expressed his appreciation for the AMF’s continued support and the important role it plays in strengthening the ability of Arab countries to maintain economic and financial stability and face different challenges. In turn, H.E. the Director General of the AMF valued the efforts pursued by the Egyptian government to implement economic and structural reforms, which contribute significantly to the development of the Egyptian economy and sustaining an enabling environment for the domestic and foreign business sectors, stressing the AMF keenness to continue the fruitful partnership with the Egyptian government to help the country address the different challenges in the most effective way.

IT Systems Administrator

Job Purpose:

As an IT Systems Administrator, you will be responsible for supporting the IT team in managing and maintaining the AMF's IT infrastructure, ensuring optimal performance and security. You will work closely with the IT team to design, implement, and support various systems, including VMware, Linux, and Windows Server environments. Additionally, you will be responsible for providing Oracle database administration support as needed.

Buna holds its 42nd virtual workshop

The workshop will demonstrate how Buna contribute to greater financial inclusion by interlinking countries and regions

The workshop will also serve to unveil newest Buna products and achievements

More than 200 senior officials will attend the workshop, representing central banks and a wide spectrum of regional and global financial institutions

Abu Dhabi, June 22nd, 2023:Buna (the cross-border payment system operated by Arab Regional Payments Clearing and Settlement Organization “ARPCSO”, owned by The Arab Monetary Fund “AMF”), will hold its 42nd workshop, on Thursday June 22nd. The workshop will demonstrate how Buna contribute to greater financial inclusion by interlinking countries and region. The workshop will also serve to unveil newest Buna products and achievements. 

One of the workshop’s sessions will demonstrate how, by connecting one region to another, Buna can influence opportunities of trade and investments between countries, and benefit individual citizens. In this context, our high level guest speakers, the deputy governor of the State Bank of Pakistan and the Deputy Director of the Financial Services for the Poor from the Bill & Melinda Gates Foundation will elaborate on the recent initiative aiming to interlink Buna with Raast the instant payment system operated by the State Bank of Pakistan. 

The Arab Monetary Fund publishes an economic study about: “The GDP–CO2 Emissions Nexus in Arab Countries”

The study analysed the relationship between real GDP per capita, renewable energy consumption, energy prices, and CO2 emissions in Arab countries using the Environmental Kuznets Curve (EKC) framework. 

Within the efforts made by the Arab Monetary Fund on studies and research activities to support economic institutions in Arab countries on issues of climate change and the relationship between the economy and the environment, the Fund published a study on "The GDP-CO2 Emissions Nexus in Arab Countries". The study aims to shed light on the relationship between economic activities and carbon dioxide emissions. The study analyses the relationship between countries' economic and environmental performance for the period from 1990 to 2020. 

Subscribe to