#Arab Monetary Fund

Credit card fraud costs global economy $32bn

Credit card fraud costs global economy $32bn, says AMF

The increase in losses is forcing banks to leverage cutting-edge technologies to detect and analyse fraudulent transactions

arab monetary fund extends loan to Egypt

Egypt gets $616m loan from Arab Monetary Fund

The agreement is aimed at bettering the payment-systems infrastructure, financial inclusion and regulatory framework in Egypt


Arab bourses’ market cap crossed $4tn by end of 2022, says AMF

According to the Arab Monetary Fund, the market value of the Abu Dhabi Securities Exchange reached $714.6bn by the end of last year

Courtesy Arab Monetary Fund

Arab Gulf Programme for Development, AMF partner to boost sustainable development goals

The two organisations will coordinate efforts to deal with issues related to the development of the financial and microfinance sectors

Arab countries economic forecasts for 2022-23 by Arab Monetary Fund

Expected economic growth rate for Arab countries to rise to 5.4% in 2022: AMF

According to the AMF’s outlook, Arab countries are expected to face relatively high inflation rates in 2022 due to local and global inflationary pressures

UAE’s ADX records its highest rise in market and trading value in Q2 2022: AMF

The report also pointed out that the market value of the Dubai Financial Market increased by some $24.45bn

Arab Monetary Fund forecasts 5% growth for Arab economies in 2022

According to AMF, the inflation rate for Arab countries as a group is expected to rise to 7.5 per cent in 2022, and decrease to 7 per cent in 2023