logo
Governor of the Central Bank of Egypt Participates in the Permanent Bureau Meeting of the Council of Arab Central Banks Governors in Abu Dhabi

Governor of the Central Bank of Egypt Participates in the Permanent Bureau Meeting of the Council of Arab Central Banks Governors in Abu Dhabi

bnok2413-07-2025
H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in the Annual Meeting of the Permanent Bureau of the Council of Arab Central Banks and Monetary Authorities' Governors, held in Abu Dhabi today, Sunday, July 13, 2025. This meeting is a key step in preparing for the 49th Annual Meetings of the Council, scheduled for September 2025 On this occasion, Mr. Abdalla reaffirmed CBE's unwavering commitment to robust participation in all committees and working groups affiliated with the Council, emphasizing the significance of unified efforts to enhance integration among Arab central banks and strengthen joint coordination. He further highlighted the collective mission to establish resilient Arab banking frameworks capable of addressing regional and international economic and financial challenges In the same context, the meeting reviewed the outcomes of the specialized Arab Committees across various banking sectors, including: The Arab Committee on Banking Supervision, the Arab Committee on Payment and Settlement Systems, the Arab Committee on Credit Information, the Arab Financial Inclusion Task Force, the Financial Stability Task Force, the Arab Regional FinTech Working Group, and the Arab Green and Sustainable Finance Network
The meeting also explored the progress made in preparing the Arab Financial Stability Report and the Joint Arab Economic Report for 2025, in preparation for their approval at the upcoming meeting of the Council of Arab Central Banks and Monetary Authorities' Governors scheduled for September 2025. Additionally, the meeting discussed the proposed issues for inclusion in the 2025 Unified Arab Discourse, which will be presented during the Annual Meetings of the World Bank Group and International Monetary Fund in October, reflecting the aspirations and perspectives of the Arab countries Google News تابعونا على تابعونا على تطبيق نبض Governor of the Central Bank of Egypt
جاري التحميل ...
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

DLI‑IT Group Expands into Computer Vision via Strategic Partnership with Assert AI
DLI‑IT Group Expands into Computer Vision via Strategic Partnership with Assert AI

Mid East Info

time3 hours ago

  • Mid East Info

DLI‑IT Group Expands into Computer Vision via Strategic Partnership with Assert AI

DLI‑IT Group, a leading HRMS provider in the UAE with over 3,000 clients across 35 countries including marquee brands like Qatar Airways, LG, IBM, Siemens, Michelin, and Tyco Electronics, today announces a transformative partnership with Assert AI, a global computer vision SaaS company operating across India, the US, and the Middle East. Why This Partnership Matters Vision Meets Workforce Management DLI‑IT's market-leading HR WORKS platform, powered by deep expertise in HR, Payroll, Time & Attendance, and Employee Self‑Service now integrates Assert AI's advanced computer vision to deliver real‑time insights into workplace safety, productivity, quality, and operational compliance across sectors such as warehousing, manufacturing, retail, and F&B/QSR. Boost to Efficiency, Safety & Compliance Assert AI's platform transforms existing CCTV networks into smart visual sensors, detecting PPE compliance, process bottlenecks, asset motions, quality defects, and crowding issues with actionable alerts and dashboards. Benefits to DLI‑IT, Its Clients & Target Sectors Expanded Service Portfolio : This alliance diversifies DLI‑IT's offering beyond HR workflows into physical operations intelligence, enabling holistic workforce and operational analytics. Value for Existing Clients : Large corporates like Qatar Airways, LG, IBM, Siemens, and others currently using HR WORKS can now seamlessly layer in computer vision enhancing workplace safety, optimizing frontline productivity, and improving compliance with minimal infrastructure sheen. Industry Reach : The combined solution addresses the needs of WAREHOUSING, MANUFACTURING, RETAIL, and F&B/QSR verticals allowing customers to monitor PPE, detect slip/trip hazards, enforce machine guarding, optimize forklift workflows, track defects or booking errors, and improve queue/footfall management. What This Means for the Market Faster and Smarter Decisions With Assert AI's intuitive dashboards and edge-driven analytics, businesses gain real-time insight driving faster corrective action, reduced accident rates, and increased throughput across physical operations. Competitive Edge for DLI‑IT By offering compelling AI-driven solutions, DLI‑IT cements its position as a tech-forward HR and operations partner in the Middle East, complementing its reputation built over 25+ years in HR tech. Win-Win for End-Users Clients get enterprise-grade safety and efficiency tools, all from a familiar vendor they trust minimizing adoption hurdles and maximizing ROI. About the Companies DLI‑IT Group is a UAE‑based leader in HRTech since 1995, offering scalable HR WORKS modules from payroll and onboarding to performance, timesheets, and canteen/accommodation management. The platform supports clients across diverse industries in over 35 countries. Assert AI, founded in 2018 by IIT alumni, builds computer vision SaaS that transforms CCTV infrastructure into real-time visual analytics hubs. Its patented models power applications across sectors focusing on efficiency, safety, and quality. The firm has raised Series A backing, operates globally, and serves clients like GE, JSW, ITC alongside its Middle‑East deployments.

FABMISR Named "Best Egyptian Bank in Overall Performance Indicators for 2025" by the World Union of Arab Bankers
FABMISR Named "Best Egyptian Bank in Overall Performance Indicators for 2025" by the World Union of Arab Bankers

bnok24

time3 hours ago

  • bnok24

FABMISR Named "Best Egyptian Bank in Overall Performance Indicators for 2025" by the World Union of Arab Bankers

First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, has been awarded the prestigious title of 'Top Egyptian Bank in Overall Performance Indicators for 2025' by the World Union of Arab Bankers (WUAB). This accolade reflects the strength of FABMISR's business model and the thoughtful execution of its strategy, which centers on innovation and delivering real value to clients The bank has continued to achieve strong performance, driven by high operational efficiency and adaptability in responding to economic changes. This growth not only reflects the strength of FABMISR's financial performance but also affirms its ability to continue delivering integrated banking solutions that meet the needs of both individuals and businesses, supporting their financial and investment goals FABMISR continues to play a pivotal role in supporting Egypt's economy through the financing of strategic projects and the expansion of financial inclusion. The bank remains committed to staying ahead of market trends and meeting customer needs through advanced digital solutions and long-term partnerships that drive inclusive growth and national development Through its strong global presence as part of the First Abu Dhabi Bank Group, FABMISR also facilitates access to international markets for Egyptian businesses, enabling trade and foreign direct investment opportunities that foster sustainable economic growth The WUAB's awards ceremony is one of the most prestigious events in the Arab banking community, honoring outstanding achievements of banks, bankers, ministers, and governors. Receiving this award reaffirms FABMISR's standing as a trusted banking partner and a benchmark for excellence in the industry Google News تابعونا على تابعونا على تطبيق نبض جاري التحميل ...

National Printing announces its intention for a public offering of ordinary shares on the Egyptian Stock Exchange (EGX)
National Printing announces its intention for a public offering of ordinary shares on the Egyptian Stock Exchange (EGX)

bnok24

time4 hours ago

  • bnok24

National Printing announces its intention for a public offering of ordinary shares on the Egyptian Stock Exchange (EGX)

National Printing S.A.E. ('National Printing' or the 'Company' or the 'Group'), Egypt's leading integrated printing and packaging platform, today announced its intention to proceed with an initial public offering (the 'IPO' or the 'Offering') of its ordinary shares on the Egyptian Exchange ('EGX') The Offering is expected to consist of a secondary sale of up to 21,171,040 existing ordinary shares, representing 10.0% of the Company's issued share capital, by National Printing International Holding S.A.L., Grandview Investment Holdings Corp and other minority shareholders (the 'Selling Shareholders') The offering will include (i) a private tranche which is fully committed to by Mr. Omran Mohammed AlOmran a leading Saudi Arabian entrepreneur and investor as an anchor investor ('Cornerstone Investor') in the IPO ('Private Tranche') and (ii) a public tranche open for public subscription ('Public Tranche') (collectively the 'Combined Offering'). Details of the Combined Offering are outlined in the Offering Highlights section, below Both the Private Tranche and Public Tranche will be offered at the same price per share (the 'Offer Price') National Printing is currently in the process of obtaining the required approvals with regards to the Offering, including approval of the public subscription notice (the 'PSN') and any other approvals from the Financial Regulatory Authority ('FRA'). Prospective investors are expected to be able to subscribe to the Public Tranche between 27th July 2025 and 31st July 2025, subject to obtaining the relevant regulatory approvals and prevailing market conditions National Printing's shares have been listed on the EGX under the symbol Commenting on the Offering, the Company's Managing Director, Sherif El Moallem, said: 'Since establishing National Printing in 2006, we have always been committed to evolving the company into Egypt's leading integrated printing and packaging company, combining deep local expertise with international best practices. Over the years, we have built a diversified business with a clear vision for growth and a strong track record of delivering robust performance while adapting to changing market dynamics. This IPO marks a pivotal milestone in our journey, creating a platform to accelerate our strategic ambitions and enhance our market presence. Today, National Printing is ideally positioned to capture new opportunities across local and export markets. We look forward to entering this next chapter as a public company, where we can continue to invest in our capabilities, expand our reach, and create long-term value for all our stakeholders Google News تابعونا على تابعونا على تطبيق نبض جاري التحميل ...

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store