Abdalla highlighted that the listing, the first for a bank on the Egyptian Exchange in over 25 years, represents a pivotal step in the CBE’s efforts to enhance the financial sector’s role in the national economy
The meeting reviewed the key macroeconomic indicators and El-Sisi was briefed on the indicators related to the banking sector, monetary policy, and the exchange rate, as well as the Central Bank's policies to combat inflation. The discussion also focused on the government's efforts to increase foreign currency reserves.
His remarks, delivered on his behalf by Deputy Governor Tarek El Khouly at the opening of the 18th "People and Banks" Conference, reinforced the central bank's commitment to sustainable growth.
During the meetings, Kouchouk emphasized the potential of the BRICS group to significantly reshape the global economic landscape in favor of emerging and developing countries.
The CBE governor also noted that it is in line with the central bank’s own efforts to enhance the accessibility to financing opportunities for female entrepreneur