Financial and Banking News

AID FLOWS

Al- Hamad Nominated as Chairman of Arab Fund 

MEES understands that several Arab countries have nominated Mr. Abdul Latif alHamad, former Head of the Kuwait Fund for Arab Economic Development and Kuwaiti Finance Minister, for the post of Chairman of the Board/Managing Director of the Arab Fund for Economic and Social Development (AFESD). He will be replacing Dr. Muhammad 'Imady who has been appointed Syrian Minister of Economy. The...