#CBC
President Abdel Fattah Al-Sisi has appointed Hassan Abdallah as acting governor of the Central Bank of Egypt (CBE), as per a presidential decree released on Thursday, August 18. The decision comes a day after President Al-Sisi accepted the resignation of former governor Tarek Amer, who had been in office since 2015 but has now been appointed a presidential advisor, on Wednesday August 17. Abdullah’s appointment also preceded the CBE’s fifth Monetary Policy Committee (MPC) meeting of the year Thursday afternoon,…
