His Excellency Ambassador Dr. Ali bin Ibrahim Al-Maliki, Assistant Secretary-General and head of the Economic Affairs Sector, participated in the meeting of the Permanent Bureau of the Council of Governors of Arab Central Banks and Monetary Institutions, held on 13 July in the United Arab Emirates.
Ambassador Al-Maliki noted that the annual meeting serves as a platform to discuss key priority issues and recent developments concerning Arab central banks and monetary institutions. It provides an opportunity to exchange experiences on effective financial and banking policies and procedures, and to coordinate the positions of Arab countries in response to evolving global developments and their impact on Arab economies—particularly the financial and banking sectors.
The meeting also addressed topics such as strengthening financial stability, developing preventive tools and policies, enhancing early warning systems and crisis management mechanisms, advancing digital financial transformation, supporting the growth of the financial technology industry, exploring the implications of artificial intelligence in the financial sector, and promoting digital and real-time payments. Additional areas of focus included addressing the repercussions of climate change, establishing frameworks for green and sustainable finance, and advancing efforts to expand financial inclusion.
On the sidelines of the meeting, Ambassador Al-Maliki convened with His Excellency Dr. Fahad bin Mohamed Al-Turki, Director-General and Chairman of the Board of the Arab Monetary Fund. The two sides discussed topics of mutual interest and explored avenues for enhancing cooperation in the coming period.
