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Hassan Abdullah Receives "Governor of Year 2025" Award from Union of Arab Banks

Taarek Refaat During the 2025 International Arab Banking Summit, held in Paris under the patronage of French President Emmanuel Macron, Hassan Abdullah, Governor of the Central Bank of Egypt (CBE), was honored with the prestigious "Governor of the Year 2025" award by the Union of Arab Banks. The summit, which was organized by the Union of Arab Banks, took place under the theme "Economic Resilience in the Face of Geopolitical Changes," and featured cooperation with French, European, and international banking federations. Wissam Fattouh, Secretary General of the Union of Arab Banks praised Abdullah for his exceptional leadership and decision-making, noting that his bold decisions and strategic vision have been instrumental in managing challenging issues. Fattouh highlighted Abdullah's role in formulating effective monetary policies, as well as his distinguished supervisory and oversight role over Egypt's banking sector. He further elaborated that Abdullah's most significant achievements included recalibrating Egypt's monetary policy to align with the broader economic objectives, regulating the foreign exchange market, and implementing reforms that led to a record high of over $47 billion in foreign exchange reserves in 2024—the highest level in the country's history. He also acknowledged the CBE's successes under Abdullah's leadership, particularly in facilitating remittances from Egyptians abroad and spearheading numerous strategic projects that contributed to Egypt's economic resilience. Given these significant accomplishments, Abdullah's leadership has rightfully earned him the title of Banker of the Year 2025. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean News 3 Killed in Shooting Attack in Thailand