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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Arab banks urged to brace for new world financial order

Posted on 18 December 2008

From Business24-7.ae: Arab banks should take urgent measures to ensure stronger co-ordination so they can play an active role in the development of a new world economic order spawned by the current financial crisis, the top Arab banker has said.

Adnan Ahmed Yousuf, Chairman of the Union of the Arab Banks (UAB) said all countries are expected to contribute to the evolution of the new global system, adding the recent trips by British Prime Minister Gordon Brown and other officials to the Gulf illustrated the important part it can play in this field….. Full Article: Source

 
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