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Abdullah Saoud Al-Thani

Qatar cb focusing on transparency

Sheikh Abdullah bin Saud Al Thani, Governor of Qatar Central Bank (QCB), said Tuesday 8 May that the QCB will give high priority to strengthening good corporate governance, transparency and accountability in the financial sector.

BI's Abdullah on stability for sustained growth

In the speech 'Capitalizing on stability for sustained growth' given on 12 January Burhanuddin Abdullah of the Bank Indonesia said that in confronting future challenges, we need the involvement and participation of all public elements, including the…

Pakistan soon to launch RTGS system

The president of telecoms company PTCL, Muhammad Abdullah Bamakhrama, has said it will soon provide its latest and state-of-the-art Real Time Gross Settlement (RTGS) system to the State Bank of Pakistan.

4th IFSB summit underway

Eight central bank governors will join Sultan Bin Nasser Al Suwaidi, governor of the United Arab Emirates central bank, in attending the 4th Islamic Financial Services Board (IFSB) Summit.

Riyadh to host payment systems conference

A two-day international conference on 'Payment Systems in Saudi Arabia and GCC countries' is to be held in Riyadh from 14 November. The forum will discuss the present mode of electronic access to funds at remote locations and future strategies.

Calls for independence for Yemen's central bank

The Yemen opposition alliance has called for the formation of a national committee for supervising the central bank and oil revenues after being accused by President Ali Abdullah Saleh of planning to steal the country's assets.

Indonesian rates on hold

The Central Bank of Indonesia yesterday left interest rates unchanged at 12.75% for a second month, as economic growth slowed down. Six interest rate increases since July have helped the rupiah recover from a four-year low on August 30 last year amid…

Rupiah sinks on oil-price rise

The Indonesian rupiah has sunk to its lowest level since January 2002, following a week of rapid depreciation. Burhanuddin Abdullah, governor of Bank Indonesia, vowed to continue to defend the rupiah.

Bahrain strengthens anti money-laundering laws

Bahrain is developing anti-money laundering (AML) laws for the insurance sector and capital market players as part of a drive to tighten up on the industry and remove any threat that could jeopardize monetary and banking policies, a central bank official…

New Malaysian PM backs currency peg

Abdullah Ahmad Badawi, the recently elected Prime Minister of Malaysia, has said he favours the pegging of the country's currency to the US dollar. "I find that our exchange rate mechanism is very beneficial to our economy," Abdullah told a news…

Indonesia announces new central bank governor

A parliamentary commission on Monday 12 May selected Burhanuddin Abdullah to head Indonesia's central bank, according to a report by Channel News Asia Mr Burhanuddin won 34 votes from commission members while current central bank deputy governor Miranda…

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