Financial and Banking News
Faqih Heads Arab Monetary Fund
Mr. Usamah al-Faqih, Undersecretary at the Saudi Ministry of Finance, hasassumed his duties as of 1 July as Chairman and Managing Director of the ArabMonetary Fund (AMF), replacing Dr. 'Abd Allah al-Quwaiz. Mr. al-Faqih waselected to the post last March during the annual meeting of the Board ofGovernors of the AMF. Dr. al-Quwaiz, who has been both head of AMF and AssistantSecretary General for...