Arab Monetary Fund

Arab Monetary Fund is a regional Arab organization founded in 1976 with operations commencing in 1977. The organization boasts 22 member countries, including Jordan, United Arab Emirates, Bahrain, Tunisia, Algeria, Djibouti, Saudi Arabia, Sudan, Syria, Somalia, Iraq, Oman, Palestine, Qatar, Kuwait, Lebanon, Libya, Egypt, Morocco, Mauritania, Yemen, and Comoros. The fund's goals are to correct and balance payments among member states, remove payment restrictions, enhance Arab monetary cooperation, encourage development of Arab financial markets (in anticipation of a unified Arab currency), and facilitate and promote trade among member states. Industries encompassed by the fund include finance, financial services, and payments. As of now, there is no available information on the fund's headquarters, last investment, or investors.