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Sun. PM TNT News Articles 10-2-22

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TNT

Tishwash:
Sadr’s deputy resigned: The session to choose the president will be the ‘last fight’

On Sunday, a resigned Sadrist deputy spoke of closing the “page of consensus and quotas forever”, in the event of a session to select the President of the Republic and assign the Prime Minister.  

The resigned Sadrist MP, Haider al-Muhammadawi, said in a blog post followed by “Nass” (October 2, 2022), that “the session for selecting the President of the Republic and assigning the Prime Minister, will be decisive (the last fight).”  

He added, “We will fold the record of consensus and quotas forever.”  link

Gulf central banks are looking into payment systems

The GCC Central Bank Governors Committee held its 79th meeting, in Dammam, Kingdom of Saudi Arabia, headed by Dr. Fahd bin Abdullah Al Mubarak, Governor of the Saudi Central Bank – Chairman of the current session.

At the meeting, the members of the committee discussed a number of important topics related to cooperation in the monetary field, including the recommendations of the committees and working groups under the supervision of the Committee of Governors concerned with issues of payment systems in the GCC countries and issues of supervision and control of the banking system in the GCC countries, and topics of techniques in the field of the financial sector in the GCC countries.

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The council and complementary initiatives in this field. The committee discussed the exchange of cyber security information for the banking sector, and the efforts made by the GCC states in the framework of combating money laundering and terrorist financing and other issues of monetary and banking concern.

The meeting was attended by Ibrahim Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability at the Central Bank of the UAE, Rashid Mohammed Al Maraj, Governor of the Central Bank of Bahrain, Taher bin Salem bin Abdullah Al Omari, CEO of the Central Bank of Oman, and Sheikh Bandar bin Mohammed bin Saud Al Thani, Governor of the Central Bank of Oman. Qatar Central Bank, and Basil Ahmed Haroun, Governor of the Central Bank of Kuwait, with the participation of Dr. Nayef Falah Mubarak Al-Hajraf, Secretary General of the Cooperation Council for the Arab States of the Gulf.

The committee was also briefed on the most important developments and developments regarding the stages accomplished by the Monetary Council during the last period, in addition to reviewing the latest monetary and financial developments in the GCC countries.  link

Source: Dinar Recaps

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