Ahmed bin Zayed al-Nahyan

Bahrain's payment system a success

The Central Bank of Bahrain said that its real time gross settlement (RTGS) payment system introduced on 9 August, has "dramatically speeded up the flow of money", leading to a more efficient financial sector.

IMF's Ahmed on modernizing the IMF for the 21st C

In the speech 'Modernizing the IMF for the 21st Century' given on 18 October Masood Ahmed of the IMF said the past decade or so has been a particularly challenging one for the Fund and for the 184 countries which are its members.

BMA gets new governor after reshuffle

The king of Bahrain, Sheikh Hamad bin Isa Al Khalifa, made a ministerial reshuffle this week which saw Bahrain Monetary Agency Governor Shaikh Ahmed bin Mohammed Al Khalifa, named Finance Minister on Saturday 15 January.

Panels studying GCC monetary union criteria

The governor of the Bahrain Monetary Agency said that technical committees in the Gulf countries are currently studying the criteria for monetary and financial convergence and the legislative and institutional frameworks and arrangements for the monetary…

Israel's Klein in favour of hiring Arab employees

The Bank of Israel is in favour of recruiting Arab employees, but has yet to find suitable candidates for available positions, according to a letter sent by central bank governor David Klein to Hadash party MK Ahmed Tibi, Haaretz reported this week.

Ex -cb chief runs for presidency of Mauritania

Ahmed Ould Daddah, the brother of Mauritania's first president, Mouktar Ould Daddah, who died last month, is a veteran politician and head of the opposition Union of Democratic Forces-New Era. The 70-year old is also a former governor of the central bank…

Iraq unveils new currency

Iraq's new Saddam Hussein free currency was displayed on Saturday 4 October by Ahmed Salman Mohammed, deputy governor of the Central Bank of Iraq, according to a report by CNN. The new banknotes will go into circulation on October 15.

New governor of Bulgarian national bank by Friday

Bulgaria's parliament is now expected to name the new governor of the central bank by the end of the week, according to Novinite. The further delay stems from the need to find a third candidate as "two candidates for Governor is no choice at all," the…

BMA chief to chair Jeddah conference

Bahrain Monetary Agency (BMA) Governor Shaikh Khalifa will chair the second meeting of the Islamic Financial Services Board (IFSB) Council meeting at the Islamic Development Bank on Wednesday 30 April, according to the Gulf Daily News.

The BMA's new governor arrives

BAHRAIN - The new governor of the Bahrain Monetary Agency (BMA), Shaikh Ahmed bin Mohammed al-Khalifa, has taken up his position. He was appointed at the same time as the mid-April cabinet reshuffle.

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