Egypt’s president renews term of central bank chief

- Central Banking Newsdesk
- 19 Aug 2025

Egypt’s president has extended the term of Hasan Abdalla, acting governor of the Central Bank of Egypt (CBE), by another year.

News outlets including Bloomberg and Reuters reported yesterday (August 18) that according to the country’s official gazette, Abdalla had been given a fourth one-year term as CBE chief.

Abdalla, formerly chief executive of the Arab African International Bank, began leading the CBE in August 2022 after the previous governor, Tarek Amer, resigned to become an adviser to the

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