{"id":640091,"date":"2024-08-20T00:00:00","date_gmt":"2024-08-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/20\/hassan-abdalla-gets-another-year-as-cbe-governor\/"},"modified":"2024-08-20T00:00:00","modified_gmt":"2024-08-20T00:00:00","slug":"hassan-abdalla-gets-another-year-as-cbe-governor","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/20\/hassan-abdalla-gets-another-year-as-cbe-governor\/","title":{"rendered":"Hassan Abdalla gets another year as CBE governor"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>#1- Another year for Abdalla as CBE governor: <\/strong>President Abdel Fattah El Sisi has reappointed Hassan Abdalla as the acting governor of the Central Bank of Egypt (CBE) for another one-year term, according to a decree published in the Official Gazette. Abdalla has been the governor of the central bank since he <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cc358ff9-00be-4503-bee9-00159279bfb6\" style=\"\" rel=\"noopener\">took over from Tarek Amer in 2022<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Continuity is the name of the game: <\/strong>The decision to keep Abdalla at the helm of the central bank is meant to \u201creassure investors the North African nation is committed to orthodox policies,\u201d <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-19\/egypt-extends-central-banker-s-rule-in-sign-of-policy-continuity\" style=\"\" rel=\"noopener\">Bloomberg<\/a> writes.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- New faces on <\/strong><strong>Orascom Financial<\/strong><strong>\u2019s board: <\/strong>B Investments Managing Director Abdel Monem Omran has been appointed chairman of Orascom Financial Holding (OFH) and B Investments Board Member Mostafa El Anwar was appointed his deputy, the company said in an <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/1681.pdf\" style=\"\" rel=\"noopener\">EGX disclosure (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>B Investments now owns just under <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/06c1b449-2601-4a3a-8415-e439ad2273ec\/b-investments-to-soon-snap-up-a-70%2525-stake-in%253cmark%253e-orascom-financial%253c%2Fmark%253e-holding.-plus:-al-ahly-capital-holding-acquires-51%2525-stake-in-easy-lease\" style=\"\" rel=\"noopener\">70% of OFH<\/a> after the completion of a share swap agreement in April. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abdalla has been the governor of the CBE since 2022<\/p>\n","protected":false},"author":1,"featured_media":640092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7231],"tags":[140,271,72,2276,206],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-640091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moves","tag-b-investments","tag-central-bank-of-egypt","tag-enterpriseam","tag-hassan-abdalla","tag-moves","wpautop","entry"],"acf":{"mongo_id":"5625f5cb-17e4-4442-b970-0bb2d1088793","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/1702.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Hassan Abdalla gets another year as Central Bank of Egypt governor","related_issue":[640078],"teaser":"Abdalla has been the governor of the CBE since 2022","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.cc5e3fb4-9398-40ed-97f7-10b773f32390.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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