A London Based Digital Publication Covering Diplomatic & Business Activities Globally

Tuesday, March 19, 2024

Meeting of Arab central banks held in Jordan

(Amman) – The Governor of the Central Bank of the UAE, Mubarak Rashed Al Mansouri, participated in the 42nd session of the Council of Governors of Arab central banks and financial institutions, hosted by Jordan.

In his opening remarks, Jordanian Prime Minister, Omar Razzaz, said that Arab central banks were capable of playing a vital role in reducing external and internal economic risks.

He noted the remarkable achievements made by Arab financial institutions, which, he said, had managed to keep pace with the global financial and monetary developments.

Dr. Abdulrahman Al Hamidy, Director-General and Chairman of the Board in the Arab Monetary Fund, expected the global economy to continue its rapid growth during 2018 and 2019 driven by a marked increase in investment operations which had a significant and positive impact in stimulating demand and international trade growth.

He said developing and emerging economies would continue to gain from the improvement of global demand.

The meeting discussed the latest regional and global financial, economic and monetary developments and their fallout on Arab economies.

Latest Posts

Latest Posts

Stay in touch

To be updated with all the latest news, offers and special announcements.

RELATED ARTICLES

WTO Promotes Consensus

The final World Trade Organization General Council meeting before...

UK and Azerbaijan celebrate growing bilateral relations

UK PM Rishi Sunak congratulated President Ilham Aliyev on...

Bahrain Sri Lanka ties discussed

In a significant diplomatic exchange on November 21 in...

Oil Minister Welcomes Sakha Officials in Meeting

Manama, Nov. 20 (BNA): Dr. Mohammed bin Mubarak Bin...

Investopia Inks 8 MoUs for 2024 Event

Investopia strengthens its position with eight key partnerships, signing...

UAE Minister Urges Global Support for Sustainability

During the Global Food Security Summit hosted by the...

KING Charles to Attend COP 28 in Dubai

Buckingham Palace made an announcement on Wednesday, revealing that...

HH Sheikh Ahmed Raises UAE National Flag at DXB

In a show of unity, celebrating their rich heritage...

HH Sheikh Mohammad Bin Rashid Presides Ceremony

In Dubai, a swearing-in ceremony was held for new...