Latest in Tag: Tarek Amer Highlight
Latest in Tag: Tarek Amer
Banking sector stands firmly against violating its clients’ accounts’ secrecy
CBE governors strongly respond to statements to head of ETA on legislative amendment that allow looking at accounts of financiers
Does Egypt need more external borrowing?
Egypt’s lack of control over foreign debt could cause negative pressure on its credit rating in future, says Standard & Poor’s
Amer briefs new PM on forex reserves updates, monetary, financial policy legislation
CBE governor discusses with communications minister enhancing cooperation to transform into digital economy, achieve financial inclusion
We are continuing to move economy, Egyptian people to unprecedented place: CBE governor
President showed great courage in face of challenges, giving us support to make difficult decisions, says Amer
Ideally, CBE should not intervene to influence exchange rate: HC Brokerage chief economist
HC Brokerage agrees with the Central Bank of Egypt (CBE)’s governor, Tarek Amer, that exchange rate volatility is normal, and that it should be widely accepted by all, including consumers and the investment community, chief economist at HC Brokerage, Sara Saada, told Daily News Egypt on Monday. However, it is not very clear from the …
Egypt achieving great development through strong, bold economic decisions: IMF
We will intervene in exchange rate market if prices become within unacceptable ranges, says CBE governor
New banking law presented to CBE board of directors: Amer
Kuwait agrees preliminary to renew $4bn deposits to Egypt, says CBE governor
CBE governor reveals secret of FX reserves hike in January 2018
CBE, banks proceeds amount to $5.6bn in January, Paris Club premiums down to $350m, including $60m paid in December 2017, $290m in January
Egypt to host Seamless North Africa fintech conference for first time
Holding conference under president’s auspices reflects Egyptian state’s interest to transform into regional investment hub using innovative financial technology, says Amer
CBE pays $600m to Afreximbank
Governor of the Central Bank of Egypt (CBE) Tarek Amer said that the CBE paid $600m to the African Export-Import Bank (Afreximbank). This increases the total amount repaid by the CBE to Afreximbank to $2.6bn, according to the Middle East News Agency. Amer said that the last installment due to Afreximbank worth $600m will be …
Real estate sector supports CBE decisions, complains about interest rate increases
Liberalisation of exchange rate was required and took too long, says Hassanein
Amer’s decisions will have positive effect on long term
Investors see that the liberalisation of the exchange rate of the Egyptian pound is too late and very necessary to improve and develop the economy and to boost new investments in the market. They believe that the CBE’s initiative to support small and medium-sized enterprises (SMEs) with EGP 200bn is a very good step to …
Amer saved Egypt by liberalising exchange rate: Selim
Even with support from political leadership, if not for his bravery, decision would not have been made, asserts banking expert Banking expert Ahmed Selim believes that the most important, even historical, decision made by Tarek Amer was the liberalisation of the exchange rate, noting that the decision should have been made in the past 20 …
His decisions contributed to improving business environment, had great impact on economic reform: Aboul Fotouh
The success of the CBE governor is also the effort of the bank’s board of directors, says banking expert
Amer took responsibility for many difficult, brave decisions: Abdelaal
CBE governor is a man in love with Egypt, says board member of Suez Canal Bank
Amer’s decisions had major positive impacts on the economy and banks: Aboul Fotouh
He managed to convince everyone that exchange rate liberalisation was necessary, says NBE vice chairperson
Hariri presents best central bank governor 2017 award to Amer
CBE governor is main coordinator of economic reform programme agreed with IMF, says Fattouh
Amer: best Arab and regional central bank governor
As second anniversary approaches since Amer assumed CBE duties, DNE reviews important decisions made during his term, most significantly floating the pound
He managed 4 major files efficiently: Fahmy
Amer is a nationalist capable of making bold decisions without fear, says Fahmy
Amer recognition honour for political leadership, CBE collaborators, all Egyptians
The initiatives he took have a significant role in achieving balanced and sustainable development, says ABE president
Amer true engineer of economic reform: Kamal
CBE governor made history with bold decisions: chairperson of the Egyptian Arab Land Bank
Egypt aims to take private, public sector loans to EGP 2tn
No intention to postpone $5.2bn Afreximbank loan to be repaid before end of 2017
CBE Governor directs banks to expand financing of SMEs
Restructuring the Credit Guarantee Co. S.A.E is an important step to provide financing for new companies, says Helal
Amer receives Best Central Bank Governor title for 2017
The governor of CBE was honoured on the sidelines of the IMF and World Bank autumn meetings
Amer, Al-Assar, chairpersons of state-owned banks in talks about supporting Egyptian industries
Pushing local development, manufacturing top public banks’ priorities, says Amer
PM announces reshuffle of state-owned bank leaders within hours
Amr Kamel, Maged Fahmy nominated to chair Egyptian Arab Land Bank and Industrial Development & Workers Bank of Egypt
SMEs to receive tax exemption: CBE governor
Inclusion of 9 m clients in mobile banking services
Tarek Amer named Central Bank Governor of the Year by IMF’s, World Bank’s GlobalMarkets
The selection was based on Amer’s role in reforming Egypt’s currency exchange system
CBE promotes 5 senior officials to deputy governor
Ramy Abu al-Naga took over monetary markets and reserve management, Essmat Hussein for payment systems, Mai Abu al-Naga for controlling banks, Mohamed Ibrahim for internal internal auditing and Hany Omar for security sector
Pound strengthens due to market supply and demand mechanism: Amer
The CBE governor told the president that the bank didn’t intervene to support the local currency