IMF Regional Office in Riyadh

How it started: Following a visit to Saudi Arabia in October 2022, IMF Managing Director Kristalina Georgieva announced a significant milestone in the IMF’s partnership with the region: the establishment of an IMF Regional Office in Riyadh. The office officially launched its operations in April 2024, marked by a two-day conference co-organized with the Ministry of Finance of Saudi Arabia on Industrial Policy for Diversification.

Objectives: The overarching objective of the IMF Regional Office in Riyadh is to support economic policymaking and reforms in the Gulf Cooperation Council (GCC) and, more broadly, in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region. This support includes fostering capacity development (CD) and facilitating dialogue with policymakers while engaging with academics, experts, and other stakeholders.

Our staff
- Abdoul Aziz Wane, Director, IMF Regional Office in Riyadh Arrow down icon
- Balazs Csonto, Deputy Director, IMF Regional Office in Riyadh Arrow down icon
- Ismail Meghfour, Protocol Officer, IMF Regional Office in Riyadh Arrow down icon
- Abdulaziz Alhomaidi, Office Manager, IMF Regional Office in Riyadh Arrow down icon
- Ghadah Alsufyani, Administrative Assistant, IMF Regional Office in Riyadh Arrow down icon
Address
Ministry of Finance, 4011 Eastern Ring Branch Rd, Al Izdihar, Riyadh 12488
Job Opportunities

- Administrative Assistant (click here)

Deadline for applying is May 15, 2025

- Communications Officer (click here)

Deadline for applying is May 15, 2025

- Economic Analyst (click here)

Deadline for applying is May 15, 2025

- Interpreter/Translator (click here)

Deadline for applying is May 15, 2025

- IT Administrator (click here)

Deadline for applying is May 15, 2025

- Programs Assistant (click here)

Deadline for applying is May 15, 2025

- Receptionist (click here)

Deadline for applying is May 15, 2025

- Senior Program Assistant (click here)

Deadline for applying is May 15, 2025

News and Events

Past Events
  • Workshop on Virtual Assets and Virtual Asset Service Providers (VASPs) (Riyadh, Saudi Arabia)

    The Regional Office in Riyadh (ROR) and the IMF’s Legal Department, in partnership with the GCC Secretariat, will conduct a workshop and outreach event for regulators and supervisors in the GCC region. This event will focus on virtual assets (VAs) and virtual asset service providers (VASPs) within the context of anti-money laundering (AML) and combating the financing of terrorism (CFT) standards. The workshop will cover several key areas, including discussions on the legal frameworks that govern VAs and VASPs. It will explore various policy options available to regulators, such as the pros and cons of regulating VAs and VASPs through licensing or registration, the possibility of banning certain activities, and implementing an absolute ban on specific practices. Participants will engage in discussions about the diverse regulatory approaches among GCC countries, providing a foundation for exploring strategies to mitigate risks associated with virtual assets. Additionally, the workshop will emphasize best practices in supervising VAs and VASPs, highlighting the importance of risk-based supervisory methods and international cooperation.

    February 25, 2025

  • Virtual Workshop on Direct Investment: Measurement and Compilation Issues

    The Regional Office in Riyadh (ROR) and the IMF’s Statistics Department, in partnership with GCC-Stat, will be hosting a webinar. This event will underscore the importance of collection frameworks, methodology, coordination, and data dissemination. It will also include information on participating in the IMF’s Coordinated Direct Investment Survey. The target audience for this webinar includes staff from statistical offices, central banks, and other agencies involved in compiling Foreign Direct Investment (FDI) data.

    February 23, 2025

  • AlUla Conference for Emerging Market Economies (AlUla, Saudi Arabia)

    The AlUla Conference for Emerging Market Economies is an annual economic policy conference held in AlUla, Saudi Arabia, organized by the Ministry of Finance of Saudi Arabia and the IMF Regional Office in Riyadh. The conference will convene a select group of emerging markets’ ministers of finance, central bank governors, and policymakers, including public and private sector leaders, representatives from international institutions, and members of academia. It will offer a unique platform to exchange views on domestic, regional, and global economic developments and discuss policies and reforms to spur inclusive prosperity and build resilience supported by strong international cooperation.

    February 16, 2025

More

Resident Representative Offices in the Region

Capacity Development

  • The Caucasus, Central Asia, and Mongolia Regional Capacity Development Center (CCAMTAC)
  • The Middle East Regional Technical Assistance Center (METAC)
  • Center for Economics and Finance (CEF)

Subscribe to our Newsletter

Get the latest updates from the International Monetary Fund about our work on the Middle East and North Africa. Each month, we provide a curated selection of IMF news and research on the region, including papers, blogs, events, videos, and more.

Videos

Navigating the Evolving Geoeconomic Landscape in the Caucasus and Central Asia
Economic growth in the Caucasus and Central Asia continues to be robust and widespread. However, the region faces exposure to geoeconomic developments, resulting in increased uncertainty as trade, financial flows, and migration patterns show shifts
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      Navigating the Evolving Geoeconomic Landscape in the Caucasus and Central Asia
      • November 21, 2024

      • 01:02:59

      Regional Economic Outlook: The Caucasus and Central Asia
      Jihad Azour, IMF’s Director of the Middle East and Central Asia Department, outlines three key facts about the economic outlook for the Caucasus and Central Asia.
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          Regional Economic Outlook: The Caucasus and Central Asia
          • November 19, 2024

          • 00:01:04

          Press Briefing: Middle East and Central Asia, October 2024 (Dubai)
          Economies in the Middle East and North Africa and the Caucasus and Central Asia continue to navigate heightened uncertainties and vulnerabilities amid conflicts and an increasingly fragmented global geoeconomic landscape.
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              Press Briefing: Middle East and Central Asia, October 2024 (Dubai)
              • November 2, 2024

              • 00:38:26

              Regional Economic Outlook for the Middle East and Central Asia, October 2024: Three Essential Facts
              Jihad Azour, IMF’s Director of the Middle East and Central Asia Department, outlines three key facts about the economic outlook for the Middle East and North Africa.
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                  Regional Economic Outlook for the Middle East and Central Asia, October 2024: Three Essential Facts
                  • November 1, 2024

                  • 00:00:54

                  Press Briefing: Middle East and Central Asia, October 2024
                  The IMF has downgraded its growth projection for the Middle East and North Africa to 2.1% in 2024—the fourth downgrade for the region since our October 2023 forecast of 3.4%.
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                      Press Briefing: Middle East and Central Asia, October 2024
                      • October 24, 2024

                      • 00:48:02