{The Millions of Arabs} discuss a series of economic reports
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{The Millions of Arabs} discuss a series of economic reports
Friday 05 July 2019 53
{The Millions of Arabs} discuss a series of economic reports
Abu Dhabi / Morning follow up
The Permanent Bureau of the Board of Governors of Central Banks and Arab Monetary Institutions will hold its annual meeting next Sunday in the city of Abu Dhabi to prepare for the next forty-third session
Of the Council.
The meeting will be chaired by the Governor of the Central Bank of Yemen Hafez Fakhir Muayyad, the current chairman of the Board, the Assistant Secretary General for Economic Affairs of the Arab League Secretariat Dr. Kamal Hassan Ali and the Director General of the Arab Monetary Fund Dr. Abdulrahman bin Abdullah Al-Humaidi.
Group of reports
The agenda of the meeting, in addition to the report of the secretariat of the Council presented by Al-Humaidi, will include a report on the work of the Arab Banking Supervision Committee, two reports on the work of the Regional Working Group on Enhancing Financial Inclusion in the Arab States and the Financial Stability Working Group in the Arab States, And another on the work of the Arab Committee for Payment and Settlement Systems.
The meeting will discuss the work of the Group of Modern Financial Technologies, established by the Arab Monetary Fund, to study and follow up the developments and applications of modern financial technologies in the Arab region.
It will also discuss a set of working papers prepared by the committees and working groups of the Council, the most important of which are banking supervision of institutions of systemic importance locally, operational risk frameworks and aspects related to cyberspace security prepared by the Arab Banking Supervision Committee.
Financial Inclusion
The discussion also includes the topics of digital banking identity and responsible finance - policies, tools and experiences, as well as a report on the activities of the Arab Day for Financial Inclusion prepared by the Regional Task Force for Enhancing Financial Inclusion in Arab Countries.
The topics of the movements of risky assets and their impact on financial stability, the risks and implications of the encoded currencies on the financial sector, the size of the indebtedness of the family sector in the Arab countries and their impact on financial stability, the indicators of the safety of the corporate sector and the identification of risks and repercussions on the financial sector in the Arab countries prepared by Stability team
Financial institutions.
Issues covered by the Arab Credit Information Committee include the application of advanced methodologies related to artificial intelligence in the field of credit inquiry, registration systems of funds transferred in the Arab countries, as well as the general principles of credit rating for SMEs: Arab experiences.
Currencies
At the Arab Commission for Payment and Settlement Systems, the topics include the use of digital currencies in payment systems, the experience of immediate payments in Arab countries, and the uses of the Balukshin technique in payment processes: prospects and opportunities. The topics covered by the regional working group will include modern financial techniques, including the experiences of collective finance applications in the Arab countries, the techniques of the blocin and the safety of the financial sector.
The agenda will include a number of issues of interest to central banks and Arab monetary institutions, in particular the follow-up to the implementation of the Arab clearing project, as the Arab Monetary Fund intensifies its efforts to establish the regional institution for clearing and settlement of inter-Arab payments.
It is worth mentioning that the project aims to promote Arab intra-Arab investments and trade and the use of Arab currencies. The meeting will discuss the draft issues proposed for inclusion in the unified Arab discourse for 2019 at the annual meetings of the International Monetary Fund and the World Bank scheduled for next October in Washington.
http://alsabaah.iq/10975/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D9%88%D9%86-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8-%D9%8A%D9%86%D8%A7%D9%82%D8%B4%D9%88%D9%86-%D8%AC%D9%85%D9%84%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D8%AA%D9%82%D8%A7%D8%B1%D9%8A%D8%B1-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9
{The Millions of Arabs} discuss a series of economic reports
Abu Dhabi / Morning follow up
The Permanent Bureau of the Board of Governors of Central Banks and Arab Monetary Institutions will hold its annual meeting next Sunday in the city of Abu Dhabi to prepare for the next forty-third session
Of the Council.
The meeting will be chaired by the Governor of the Central Bank of Yemen Hafez Fakhir Muayyad, the current chairman of the Board, the Assistant Secretary General for Economic Affairs of the Arab League Secretariat Dr. Kamal Hassan Ali and the Director General of the Arab Monetary Fund Dr. Abdulrahman bin Abdullah Al-Humaidi.
Group of reports
The agenda of the meeting, in addition to the report of the secretariat of the Council presented by Al-Humaidi, will include a report on the work of the Arab Banking Supervision Committee, two reports on the work of the Regional Working Group on Enhancing Financial Inclusion in the Arab States and the Financial Stability Working Group in the Arab States, And another on the work of the Arab Committee for Payment and Settlement Systems.
The meeting will discuss the work of the Group of Modern Financial Technologies, established by the Arab Monetary Fund, to study and follow up the developments and applications of modern financial technologies in the Arab region.
It will also discuss a set of working papers prepared by the committees and working groups of the Council, the most important of which are banking supervision of institutions of systemic importance locally, operational risk frameworks and aspects related to cyberspace security prepared by the Arab Banking Supervision Committee.
Financial Inclusion
The discussion also includes the topics of digital banking identity and responsible finance - policies, tools and experiences, as well as a report on the activities of the Arab Day for Financial Inclusion prepared by the Regional Task Force for Enhancing Financial Inclusion in Arab Countries.
The topics of the movements of risky assets and their impact on financial stability, the risks and implications of the encoded currencies on the financial sector, the size of the indebtedness of the family sector in the Arab countries and their impact on financial stability, the indicators of the safety of the corporate sector and the identification of risks and repercussions on the financial sector in the Arab countries prepared by Stability team
Financial institutions.
Issues covered by the Arab Credit Information Committee include the application of advanced methodologies related to artificial intelligence in the field of credit inquiry, registration systems of funds transferred in the Arab countries, as well as the general principles of credit rating for SMEs: Arab experiences.
Currencies
At the Arab Commission for Payment and Settlement Systems, the topics include the use of digital currencies in payment systems, the experience of immediate payments in Arab countries, and the uses of the Balukshin technique in payment processes: prospects and opportunities. The topics covered by the regional working group will include modern financial techniques, including the experiences of collective finance applications in the Arab countries, the techniques of the blocin and the safety of the financial sector.
The agenda will include a number of issues of interest to central banks and Arab monetary institutions, in particular the follow-up to the implementation of the Arab clearing project, as the Arab Monetary Fund intensifies its efforts to establish the regional institution for clearing and settlement of inter-Arab payments.
It is worth mentioning that the project aims to promote Arab intra-Arab investments and trade and the use of Arab currencies. The meeting will discuss the draft issues proposed for inclusion in the unified Arab discourse for 2019 at the annual meetings of the International Monetary Fund and the World Bank scheduled for next October in Washington.
http://alsabaah.iq/10975/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D9%88%D9%86-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8-%D9%8A%D9%86%D8%A7%D9%82%D8%B4%D9%88%D9%86-%D8%AC%D9%85%D9%84%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D8%AA%D9%82%D8%A7%D8%B1%D9%8A%D8%B1-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9
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