The year also saw an unprecedented rise in amounts recovered for victims of fraud.
Abdalla praised Afreximbank as “a remarkable institution that has shaped and continues to shape the course of Africa’s economic destiny.”
Abdalla has held a distinguished career in Egypt’s financial and business sectors. He previously served as a member of the CBE’s Board of Directors for eight years and was a board member of the Egyptian Exchange.
According to a statement from the CBE, the meeting aimed to follow up and discuss the latest developments in Egypt’s economic reform program.
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
