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CBE Governor Attends Meeting of Council of Arab Central Banks in Abu Dhabi

Taarek Refaat Press Statement Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in the Annual Meeting of the Permanent Bureau of the Council of Arab Central Banks and Monetary Authorities' Governors, held in Abu Dhabi on Sunday. This meeting is a key step in preparing for the 49th Annual Meetings of the Council, scheduled for September 2025. On this occasion, Abdallah reaffirmed CBE's unwavering commitment to robust participation in all committees and working groups affiliated with the Council, emphasizing the significance of unified efforts to enhance integration among Arab central banks and strengthen joint coordination. He further highlighted the collective mission to establish resilient Arab banking frameworks capable of addressing regional and international economic and financial challenges. In the same context, the meeting reviewed the outcomes of the specialized Arab Committees across various banking sectors, including: The Arab Committee on Banking Supervision, the Arab Committee on Payment and Settlement Systems, the Arab Committee on Credit Information, the Arab Financial Inclusion Task Force, the Financial Stability Task Force, the Arab Regional FinTech Working Group, and the Arab Green and Sustainable Finance Network. The meeting also explored the progress made in preparing the Arab Financial Stability Report and the Joint Arab Economic Report for 2025, in preparation for their approval at the upcoming meeting of the Council of Arab Central Banks and Monetary Authorities' Governors scheduled for September 2025. Additionally, the meeting discussed the proposed issues for inclusion in the 2025 Unified Arab Discourse, which will be presented during the Annual Meetings of the World Bank Group and International Monetary Fund in October, reflecting the aspirations and perspectives of the Arab countries. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream