moroccan king calls on multiplying arab investments
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Addressing Financial Institutions’ conference

Moroccan king calls on multiplying Arab investments

Arab Today, arab today

Arab Today, arab today Moroccan king calls on multiplying Arab investments

King Mohammed VI
Rabat – Arab Today

King Mohammed VI sent a letter to the participants in the annual meeting of Arab Financial Institutions on Tuesday, in Rabat, asking to multiply Arab investments to strengthen the Arab Economic Integration.

He asked the financial institutions to double their efforts in encouraging Arab investments, to fulfill all necessities and support private sector, adding that development projects are the way for these institutions to increase their activity, especially in Africa.

He added that, it is a necessity to upgrade Arab Financial Institutions’ services and their programs in order to meet the people needs in the current situation, confirming that, supporting African countries’ development efforts must be a priority in the Arab agenda.

Director General of the Arab Monetary Fund, Abdul Rahman Al-Humaidi said that, Arab countries’ budget deficit reached 10.3% of the gross output in 2016, adding that Arab securities markets regained 4% of their total market value in 2016.

350 economic figures are taking part in the meetings, including, Arab ministers of Finance and Economy, Chairmen of the Boards of Arab Financial Institutions, and regional and international organizations representatives. The Arab economy suffered since the beginning of Arab Spring revolutions, which affected Crude Oil prices in its producing countries.

According to International Work Organization data, the difficulties that faced the Arab economy raised the unemployment rate to 20%, compared to the 14.5% before 2010.
 
Moroccan Minister of Finance, Mohammed Boussaid stressed the need to pass economic policies to create more job opportunities, while a nother Moroccan official said that, Arab Financial institutions are welcome to support projects that create the proper work atmosphere.

The participants in Rabat meetings are discussing several issues related to the financial institutions like, approving annual reports and budget, hiring supervisors, presenting of the Arab Monetary Fund report, and discussing international and regional developments and challenges.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

moroccan king calls on multiplying arab investments moroccan king calls on multiplying arab investments

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

moroccan king calls on multiplying arab investments moroccan king calls on multiplying arab investments

 



GMT 12:48 2016 Sunday ,27 November

Cilic, Dodig push Croatia to brink of Davis Cup

GMT 05:24 2017 Thursday ,28 December

Erdogan says 'terrorist' Assad cannot be part of Syria

GMT 12:59 2016 Saturday ,05 November

WB welcomes economic reforms in Egypt

GMT 18:40 2016 Saturday ,05 November

Egyptian GDRs in London down

GMT 10:57 2017 Wednesday ,06 December

Peru striker Guerrero has doping ban extended

GMT 17:51 2017 Tuesday ,07 March

Trump Signs New Travel Ban on Six Muslim Countries

GMT 10:30 2017 Wednesday ,06 September

Saudi Information Ministry praises media role during Hajj

GMT 15:29 2017 Tuesday ,24 January

Mind games really do help your brain

GMT 06:55 2015 Thursday ,01 October

Boston Red Sox beat Yankees

GMT 08:17 2017 Monday ,28 August

Bahrain celebrates World Humanitarian Day 2017

GMT 02:07 2017 Tuesday ,28 February

Opposition seeks Russian support at Syria talks

GMT 11:06 2017 Wednesday ,27 December

Bahrain tourism projects valued at over $ 13 billion

GMT 20:35 2011 Tuesday ,10 May

New exhibition of Islamic ornaments

GMT 19:52 2016 Friday ,19 August

Nice joins wave of French towns banning burkinis

GMT 03:46 2017 Wednesday ,06 September

US-backed Syrian forces seize Raqqa mosque

GMT 22:22 2017 Friday ,15 December

BDF Military Museum open on National Day

GMT 09:47 2015 Wednesday ,02 December

Ryanair launches court action against Google, eDreams

GMT 10:46 2017 Wednesday ,22 March

Japan's February trade surplus hits multi-year high
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday