2022 has been a year of extremes for Egypt. From coping with the fallout of the War in Ukraine, through negotiation of a new IMF facility, and the liberalisation of the EGP to the hosting of a successful COP; Egyptian political and financial leaders have been nothing if not busy. And we’re going to keep them that way as we hold our annual Egypt conference in Cairo on 7 December.
We’ll be reviewing this year and the years ahead to get a clear picture of the Egyptian investment narrative. Is the country still fragile, or has the liberalisation of the EGP a lasting turning point? The markets seem to think so — foreign capital is returning, and the EGX-30 is up 1.33% in USD terms year to date and is up nearly 45% in EGP terms since it’s low point in early July.
But can this trend continue, and what else lies ahead for this pivotal Arab nation? Can Egypt’s shift towards sustainability and low carbon energy be maintained, and what opportunities does this present for global capital? Will the privatisation programme be relaunched? Will the Sovereign Fund of Egypt be bringing internationally attractive deals to market in 2023?
Ayman Soliman — CEO of The Sovereign Fund of Egypt — will be talking to us about the SFE’s major challenges and milestones this year, the opportunities the Sovereign Fund of Egypt is actively exploring with international capital partners, and what he views to be the most attractive sectors in the Egyptian economy.
Also, Executive Chairperson of the Financial Regulatory Authority (FRA) Mohamed Farid will be interviewed live on stage and discuss his priorities in the short and medium terms, the strengths of the Egyptian capital markets, and plans to attract both domestic and regional institutional investors to the country.
For over 25 years, the Euromoney Egypt Conference has been the Autumn’s focal point for the banking and finance industry. Join us on 7 December in Cairo for insightful discussion on Egypt’s outlook, hear from high-level speakers, and network with colleagues and clients.
The lead sponsors of the conference are Mashreq Bank and Standard Chartered. The co-sponsor is Citibank.
Find out more through the conference website, where you can view the full agenda: https://events.euromoney.com/egypt2022
