The annual summit of capital markets, entitled Capital Market and Vision 2030, will be held on 20 February at Semiramis Intercontinental Cairo Hotel.
The summit will discuss the effects of economic reforms on the capital market, companies, and investors, more than a year after the floatation of the pound, and the subsequent bold reforms of the government that helped correct the course of the Egyptian economy and restore the confidence of international institutions in the future of the local economy—something that the Egyptian Exchange (EGX) indexes reflected through a huge boost in 2017.
It will also tackle the role of these reforms in developing a new vision for the capital market consistent with the Vision 2030 of the Egyptian economy and their contribution to the doubling of market capacity to finance the investments and development targeted by the country in all fields.
The summit will devote a session to Arab markets and opportunities to increase liquidity and attract foreign investment, with participation of heads and officials of Arab markets and international investment funds, during which they will review successful market experiences in launching new financing products, their ability to compete internationally, and the possibility of integration and cooperation among them.
During the summit, the plan to introduce the commodity exchange and its role in providing new financial instruments will be discussed, in addition to the introduction of pricing mechanisms for products, the impact on market regulation, and the availability of information that contributes to improving the level of planning regarding the commodities to be traded on the exchange.
The summit, which is being organised by the Egyptian Association for Finance and Investment Studies (EGFIN), will deal with the final features of the government IPOs plan for 2018 for public companies and the means to benefit from the experience of privatisation in the 1990s. This will help in the implementation of the current programme in a way that achieves the objectives of investors in new goods with strong opportunities for growth and also benefit companies through increasing capital and governance management on the basis of competitiveness and disclosure.