Arab Monetary Fund
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November 2023 | H.E. Dr. Fahad M. Alturki, former Vice-President of KAPSARC, was appointed director general and chairman of the board of the Arab Monetary Fund. |
April 2018 | AMF announced its intention to create an independent regional entity for clearing and settlement of intra-Arab payments. |
May 2017 | AMF loaned $332 million to the Egyptian government to compensate for the decline of tourism in the country. |
May 2016 | AMF called for central banks to increase their commitments to Islamic finance, urging the use of Sharia-compliant tools to manage short-term financial obligations. |
April 2015 | The World Bank Group and the Arab Monetary Fund signed a partnership for enhanced cooperation in the MENA region. |
March 2014 | Abdulrahman bin Abdullah al Hamidy, former head of Saudi Arabia's central bank, was appointed director general and chairman of the board of the Arab Monetary Fund. |
September 2012 | AMF granted a $127 million loan to Morocco to help the country cope with rising food prices. |
December 2010 | AMF granted a $200 million loan to Yemen to support economic restructuring programs, bringing total loans to Yemen to $800 million. |
June 2010 | AMF granted a $76 million loan to Jordan to undertake key financial reforms. |
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