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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