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THE TRUTH ABOUT: Tarek amer | History Defined

Egypt Central Bank Holds Rates Steady After Change of Governor

The Central Bank of Egypt (CBE) kept its overnight interest rates steady on Thursday, hours after a new governor was named to replace Tarek Amer, who quit on Wednesday. President Abdel Fattah al-Sisi appointed Hassan Abdalla as caretaker CBE governor on Thursday after Amer's resignation. Analysts said the CBE may…

Asharq Al-Awsat · Aug 19, 2022

Egypt: Sisi Names Hassan Abdullah as Caretaker Central Bank Head

Egyptian President Abdel Fattah al-Sisi on Thursday appointed Hassan Abdullah as caretaker governor of the central bank following the surprise resignation of Tarek Amer, the presidency said. Amer quit on Wednesday, just over a year before the completion of his term. Hassan was head of state-owned media giant United Media…

Asharq Al-Awsat · Aug 18, 2022

Egypt appoints central bank caretaker chief amid crisis

Egypt’s president has appointed a caretaker governor of the central bank amid a grinding economic crisis triggered by the Russian war on Ukraine

The Independent UK · Aug 18, 2022

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Egypt Says Central Bank Governor Resigns

President Abdel Fattah el-Sisi on Wednesday accepted the resignation of central bank governor Tarek Amer and named him a presidential adviser, the Egyptian leader' office said in a statement. The brief statement offered no reasons for Amer's resignation. He had been appointed as governor of the central bank in November…

Asharq Al-Awsat · Aug 17, 2022

Egypt says central bank governor resigns amid economic woes

Egypt’s central bank governor resigned as the country has struggled to address its economic woes

The Independent UK · Aug 17, 2022

Egypt Central Bank Denies Resignation of its Governor

The Central Bank of Egypt denied on Saturday reports of the resignation of its governor, Tarek Amer, following rumors that he would be part of a government reshuffle. Gamal Negm, the first deputy governor of the Central Bank, dismissed the reports about the resignation, stressing that Amer’s term ends in…

Asharq Al-Awsat · Aug 14, 2022

Egypt’s Central Bank Says New Import Rules Will Be Applied in March

Egypt's central bank governor has said new rules requiring importers to use letters of credit will be implemented starting in March despite complaints from business groups and traders that the measure could inflate their costs. Central Bank Governor Tarek Amer urged businessmen to "reconcile their situations and not waste time…

Asharq Al-Awsat · Feb 15, 2022

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