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Islamic Finance Briefing - Categorized | Funds, Market Moves more

Arab Monetary Fund unlikely to offer aid to Europe

Posted on 12 December 2011

The Arab Monetary Fund is unlikely to offer any funding assistance to the euro zone because providing loans to unrest-hit countries across the Arab world has priority, Director General Jassim Al-Mannai said on Sunday.
“There is a big need in Arab countries, a constant need, taking into account the Arab Spring,” he told reporters on the sidelines of a meeting of regional bankers in the UAE capital………………………………………..Full Article: Source

 
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