Arab Finance: President Abdel Fattah El Sisi approved Resolution No. 9 of 2024 issued by the Board of the Arab Monetary Fund regarding raising the fund’s capital and amendments to certain articles of its founding agreement, according to a decree published in the Official Gazette.
The ratification follows the House of Representatives' approval of the resolution during its session on May 19, 2026, in line with constitutional procedures governing the endorsement of international agreements and decisions.
The amendments are intended to enhance the fund’s operational framework and strengthen its financial capacity.
Founded in 1976 under the umbrella of the Arab League, the Arab Monetary Fund is a regional organization working to establish financial stability and economic integration across the Arab world.
