The Annual Capital Markets Summit will start on 19 October, under the title “The Capital Market and the New Republic’s Ambitions”, during which the government will review its ambitious vision for the economy.
The vision relies on attracting investors and development partners to invest in Egypt, and introducing leading companies in the Egyptian capital market.
The Summit will discuss opportunities for financing emerging companies through non-bank financial tools and the challenges facing building business models. It will also review the structure of government and private financial markets, after both witnessed new financing tools and addition of different segments of investors.
This year witnessed the establishment of the Egyptian Company for Central Depository and Registry for Government Debt Instruments and Securities, Egypt’s joining JP Morgan’s emerging-market government bonds index, introducing financing mechanisms through futures contracts, and the issuance of the Sovereign Sukuk Law.
The capital market is also going through a reshaping phase, whether by listing new government or semi-government companies, or at the level of operations by changing the map of active players in the market, whether with the entry of public banks to the activity of investment banks, or the penetration of investment banks into the Egyptian banking sector.
The summit is keen to come up with recommendations for the business community in the form of financing and building business models in light of the new changes and the transformation of consumer behaviour and lifestyles in the post-COVID-19 era.