ABU DHABI/ WAM The Arab Monetary Fund (AMF) announced today that it has signed a Memorandum of Understanding (MoU) with the State Bank of Pakistan (SBP) to establish a framework for cooperation between the “Buna”, the cross-border payment system operated by Arab Regional Payments Clearing and Settlement Organisation “ARPCSO”, owned by AMF, and “Raast,” Pakistan’s instant payment system. The integration ...

ABU DHABI/ WAM Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has announced the publication of its debut Sustainable Finance Framework with the report from the Second Party Opinion from ISS Corporate Solutions. The framework establishes criteria and eligibility requirements that determine which projects are labelled “green”, “social”, or “sustainable”. The framework will determine the eligibility of projects for ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Laurentino Cortizo of Panama on the occasion of his country’s Independence Day, which is marked on 3rd November. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; and His Highness Sheikh Mansour bin Zayed ...