Saudi Press

Saudi Arabia and the world
Tuesday, Sep 16, 2025

Central Bank meet on development economics in MENA begins in Riyadh

Central Bank meet on development economics in MENA begins in Riyadh

Under the patronage of Saudi Central Bank (SAMA) Governor Fahad Almubarak, the 2nd Annual Central Bank Conference on Development Economics in the Middle East and North Africa (MENA) was inaugurated in Riyadh Tuesday.
The inauguration ceremony was attended by the World Bank Vice President for Middle East and North Africa Ferid Belhaj and a number of central bank officials from participating countries.

On this occasion, SAMA Deputy Governor for Research and International Affairs Fahad Alshathri delivered a welcoming speech on behalf of the governor, in which he stressed the significance of the conference.

Alshathri said in his speech that the conference, hosted by SAMA for the first time in Saudi Arabia, promotes academic research. He also added that the event encourages the participation of economic entities from across the MENA region in discussions of key issues facing the region’s economic policymakers.

The topics covered by this year’s conference are especially important as they include high inflation and its repercussions on the global economy and the MENA region specifically.

In his speech, the deputy governor also made reference to the initiatives launched by SAMA to support economic and financial research that aim to enhance the Saudi economy.

Such initiatives go in line with the Kingdom’s efforts to advance economic development and achieve Saudi Vision 2030 goals.

Furthermore, Alshathri stressed the importance of promoting cooperation between economic policymakers and researchers from various regional and international entities to propose effective solutions for the most pressing economic challenges and issues.

The theme of the conference this year is “Inflation Dynamics During Uncertain Times: The Path Toward Stable and Sustainable Recovery”.

World Bank experts and senior economic researchers from various central banks, universities, and international and local research centers will participate in the event to discuss different topics under this year’s theme.

The organization of the conference comes as part of SAMA’s ongoing efforts to support research in the fields of economy, finance, and development.

Moreover, it aligns with SAMA’s keenness to promote cooperation and communication with researchers and economists locally and internationally.

The conference presents the latest important economic research, and it discusses suggested economic policies with aim of enhancing economic growth and stability.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Kuwait opens bidding for construction of three cities to ease housing crunch.
This Week in AI: Meta’s Superintelligence Push, xAI’s Ten Billion-Dollar Raise, Genesis AI’s Robotics Ambitions, Microsoft Restructuring, Amazon’s Million-Robot Milestone, and Google’s AlphaGenome Update
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
Could AI Nursing Robots Help Healthcare Staffing Shortages?
Turkish authorities seize leading broadcaster amid fraud and tax investigation
Qatari prime minister says Netanyahu ‘killed any hope’ for Israeli hostages
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Big Oil Slashes Jobs and Investments Amid Prolonged Low Crude Prices
Social Media Access Curtailed in Turkey After CHP Calls for Rallies Following Police Blockade of Istanbul Headquarters
Did the Houthis disrupt the internet in the Middle East? Submarine cables cut in the Red Sea
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Tether Expands into Gold Sector with Profit-Driven Diversification
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
Israeli Airstrike in Yemen Kills Houthi Prime Minister
After the Shock of Defeat, Iranians Yearn for Change
YouTube Altered Content by Artificial Intelligence – Without Permission
Iran Faces Escalating Water Crisis as Protests Spread
More Than Half a Million Evacuated as Typhoon Kajiki Heads for Vietnam
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Cristiano Ronaldo Makes Surprise Stop at New Hong Kong Museum
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
High-Stakes Trump-Putin Summit on Ukraine Underway in Alaska
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
×