Financial Resources of the Union

Article 36: The Union shall have its own budget, with the financial year starting from January 1st and ending on December 31st of each year. A dedicated accountant shall be appointed under the management of the Secretary General, who will submit monthly financial reports to him. The Union’s funds shall be deposited in one or more Arab banks determined by the Board of Directors. Expenditures from these funds shall be in accordance with the financial regulations decided by the Board of Directors.

Article 37: The financial resources of the Union consist of the following sources:

  • Annual fees and subscriptions from members as decided by the General Assembly.
  • Grants, donations, and bequests that the Board of Directors approves to accept from Arab sources, international organizations, and support from the country of the Union’s headquarters. Other sources require approval from the General Assembly.
  • Income generated from services provided by the Union with the approval of the Board of Directors to meet its needs.
  • Membership joining fees.