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/PRNewswire/ -- Held under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of the Abu Dhabi Executive Council, Abu Dhabi Global...
ABU DHABI, UAE, Nov. 21, 2021 /PRNewswire/ -- Held under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of the Abu Dhabi Executive Council, Abu Dhabi Global Market's
Kuwait Roundtable: Looking to Recovery Advertisement Kuwaiti banks provided crucial support through the Covid-19 crisis and will play just as important a role in nursing the nation back to full economic health. Top executives from seven of the nation’s leading financial institutions discuss the past year and look ahead to the future. May 06, 2021 Global Finance: A year after the pandemic, Kuwait is still experiencing partial lockdowns, travel bans and mandatory institutional quarantining. Vaccines are becoming available but have not yet reached a large percentage of the population. How has ...
Buna aims to encourage the use of Arab currencies in cross-border settlement and clearance transactions. Owned by Arab Monetary Fund (AMF), Buna settles cross-borders payments in multiple currencies. It can currently be done using dirham, Egypt's pound and the Saudi riyal. Buna already has a network of participant banks, and the Monday transaction marks the completion of the phased go-live approach. "We are looking forward to continuing growing our network of participants and currencies," said Dr. Abdulrahman A. Al Hamidy, Director-General and Chairman of the Board of Arab Monetary Fund. ...
Build a presence "Adding the Riyal represents additional solid proof of the added value that our multi-currency platform can bring not only at regional level, but to the global payment industry," said Dr. Abdulrahman A. Al Hamidy, Director-General and Chairman of the Board of Arab Monetary Fund. "We are on the right track to realize our strategic goal of adding key currencies to our platform in a consistent and sustainable pattern. “The long-term value that we are bringing to the payment industry in this part of the world is not limited to our diversified and agile payment system." The re...