Sisi accepts resignation of CBE governor ...Egypt

President Abdel Fattah al-Sisi accepted the resignation of Tarek Amer, the former head of the Central Bank of Egypt, on Wednesday, and thanked him for his efforts during his tenure in charge of the Central Bank. Sisi appointed Amer as a presidential advisor. Under Egypt’s constitution, the Central Bank is an independent regulatory body. Article 215 of the constitution stipulates that the law defines the independent and regulatory bodies, which enjoy a legal personality, and technical, financial and administrative independence. Its opinion is taken on draft laws and regulations related to its field of work. Among these bodies and agencies are the Central Bank, the General Authority for Financ

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