Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Tarek Amer, UAE Economy Min. Discuss Fostering Financial Coop.


Fri 01 Oct 2021 | 09:17 PM
Taarek Refaat

Central Bank Governor Tarek Amer discussed in a meeting with UAE Minister of Economy Abdullah bin Touq Al Marri ways to enhance bilateral cooperation in the financial sector.

Amer briefed the UAE Minister of Economy on the structural reforms implemented by the Egyptian government to enhance the investment climate and enable the national economy to achieve higher growth rates.

The Governor of the Central Bank reviewed the monetary reforms that took place within the framework of the economic reform program and the introduction of digital transformation in the work of Egyptian banks, as well as enhancing cybersecurity.

Amer also briefed Al-Marri  on the Egyptian government's efforts to achieve financial inclusion and maximize the role of digital payments, in addition to supporting micro, small and medium enterprises (SMEs).

He also highlighted the measures taken to achieve higher levels of governance in the management of Egyptian banks to protect savers' funds.