Union of Arab Banks awards Hassan Abdallah Governor of the Year award at the Paris Summit

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Hassan Abdullah

Egypt Daily News – The Arab International Banking Summit, organized by the Union of Arab Banks, will launch tomorrow in the French capital, Paris, under the patronage of French President Emmanuel Macron, on June 20, 2025.

The summit will include an honorary ceremony for the Governor of the Central Bank of Egypt, Hassan Abdallah, in recognition of his efforts. He will be awarded the “Governor of the Year” prize for his prominent role in strengthening the stability of Egypt’s banking sector, his prudent management of monetary policy, and his support for the country’s economic reform journey. The award also reflects the distinguished position of the Egyptian banking sector both regionally and internationally.

The Union of Arab Banks is organizing the 2025 Arab International Banking Summit under the theme: “Economic Resilience Amid Geopolitical Changes.” The summit is being held in cooperation with French, European, and international banking federations, and under the patronage of French President Emmanuel Macron, on Friday, June 20, 2025, in Paris.

The summit will address key topics, including how to ensure economic resilience amid geopolitical shifts, the requirements for Arab-European economic and banking cooperation, emerging challenges in global trade, and a special session on supporting banking sectors in crisis-hit countries.

The Union of Arab Banks grants this award annually to leading Arab banking figures who have achieved outstanding accomplishments and made a significant impact in the banking field both locally and regionally.

Several sessions are scheduled at the summit. The first session will be titled “Accelerating Cooperation Between Europe, the Middle East and North Africa, and Africa,” focusing on enhancing trade and investment among the three regions, boosting capital flows between France and MENA/Africa, and exploring opportunities in energy transformation.

The second session will discuss “Arab-European Economic Cooperation Initiatives,” including strengthening Arab-European economic alliances in a divided world, addressing new global trade challenges, and maintaining Europe’s economic resilience in light of international developments.

The third session will focus on “Reviving and Restructuring the Banking Sectors in Arab Countries Affected by Crises,” including modernizing banking systems in conflict-affected countries such as Lebanon, Syria, Iraq, Yemen, and Sudan; creating a supportive international environment for banking sector recovery and economic stability; and enhancing frameworks to combat money laundering and terrorism financing in order to rebuild trust and fight financial crime.

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