Al Mal GTM Conference CEOs Thoughts

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3 Al Mal GTM Conference CEOs Thoughts Has the government been pursuing a clear-cut policy towards the private sector? The answer to this question is not as easy as many people would expect. In the second CEOs Thoughts conference, slated for the 17th of November 2015, Al Mal GTM hopes to find some answers to this confusion. Top business leaders will be invited to depict a clearer perception for the development of Egypt s economy in the New Year, including projections for growth, inflation, exchange markets, etc. Their perceptions and projections will draw an evaluation of the domestic economic developments, challenges and opportunities in They will also account for the impacts of crunches and recoveries in other markets on the Egyptian economy. Participants in the conference will illuminate the expectations of private sector players for next year. They will underline opportunities for expansions and areas of activity, which have reached the level of saturation. How to draw-out flexible strategies, accounting for steep developments on the local, regional and international levels, will be also attended by company officials during the conference. During the conference, participant companies will expectedly unveil their plans in various fields of business activity, and more definitely in the real estate, energy, banking and financing, infrastructure, and manufacturing industries.

4 8:30AM 9:00AM Registration & Networking 9:00AM 9:20AM Keynote Speech H.E. Dr. Ashraf Salman Minister of Investment 9:20AM 9:30AM Hesham El Khazindar - Co-Founder & Managing Director Qalaa Holdings 9:30AM 9:40AM Hassan Hussein Chairman & CEO Al Oula Taamir Mortgage Finance

5 9:40AM 11:00AM Session 1 Suez Canal New Start for Mega Projects It is a characteristic of mega projects that they can stimulate business activities in a wide range of industries. But they are also very costly and financially insatiable. Therefore, timing is the most important factor in determining the ability of such projects to drive forward economic activity. Over the past year, Egypt finalized construction of a new channel for the Suez Canal in addition to expansions at the principal waterway. The government declared that the initiative was part of a broader scheme for development of the Suez Canal region the Suez Canal Area Development Project. According to official plans, the large development project will create numerous opportunities for investment, provided that financial resources, friendly legislation and adequate infrastructure are available. Participants in this session will explore the opportunities for private sector partnerships in mega projects. A large number of investors in various industries, such as construction, transport, manufacturing and infrastructure, will also elaborate the extent to which such schemes have factored in the business plans for their companies. Discussions will focus on the following key issues: Reviewing details of the Suez Canal Axis Development scheme and required legislation. What are the industries with the best chance to benefit from the scheme? Is this the most appropriate time for spending money on mega-projects? How can the government arrange foreign exchange resources? Energy the increasingly insurmountable barrier for large projects Opportunities and challenges for investment in the Suez Canal Axis project from the viewpoint of CEOs At the end of session, every speaker will make expectations on the economy s performance, on the activity of the specific industry he/she represents, and the company s plans for the New Year. Moderator: Dr. Hani Sarie-Eldin Founder & Chairman Sarie-Eldin & Partners. Basil El Baz Chairman & CEO Carbon Holdings. Karim Sami Saad Chairman Samcrete. Yehia Zaki CEO Dar Al Handasa.

6 11:00AM 12:20PM Session 2 Financial Instruments and Capital Markets in 2016 During this session, top officials at non-banking financial institutions (investment banks, insurance, securities and private equity firms) will provide insight on trends and instruments for financing private sector and prospects for the capital markets in the New Year. Their discussions will highlight the perils and conditions for finance provision and the availability of financing on appropriate terms. Chiefs of non-banking financial institutions will also discuss legislation related to capital markets and new regulations that the market s watchdog would introduce to stimulate its activity. In the end of session, strategies and plans of large capital market players will be explored. The session will deal with the following issues: Pressures on investment banks activities and margins escalate. Have CEOs got prepared for 2016? How? The fate of Egyptian Exchange has been determined by liquidity and economic recession. Financial products that investors are probing for. The peculiarities of mortgage target segments. Micro-finance activities growth locomotive in search for fuel. Insurance providers challenges and opportunities in the new legislation. What are the legislation and incentive plans required by CEOs from the government? At the end of session, every speaker will make expectations on the economy s performance, on the activity of the capital market, and the company s plans and targets for the New Year. Moderator: Sherif Sami Chairman EFSA. Ahmed Marwan Executive Chairman Sigma Capital. Amr Abouesh Chairman & CEO Tanmeyah. Gamal Moharram Chairman Servfund. Haitham Khaled Al Ansary CEO PHC Investment Banking Co. Hassan El Shabrawishi CEO AXA Insurance. Lobna Helal Chairman and Managing Director Egyptian Mortgage Refinance Company. Rana Adawi Managing Director Acumen Holding. 12:20PM 12:40PM Coffee Break

7 12:40PM 2:00PM Session 3 Banking Sector Prospects and Strategies Participants in this session will account for several credit-related indicators, namely the share of the private sector from credit and measures to encourage active industries to obtain finance. A variety of issues related to specific financial activities, such as mortgage and consumer loans and financial resources directed at Small and Medium-size Enterprises will be subject to deliberations by top bankers. They will discuss financing trade, which has stumbled in 2015 due to foreign currency shortage and restrictions on financing to vital and basic imports. The bankers will also unveil their expectations for the market s performance in general and their specific institutions in particular, in view of credit and deposit growth indicators and measures for geographic expansion. Issues investigated in this session include: Banks stake in 2016 on retail, banking, corporate financing and government debt. Financing trade the ill-performance of Egyptian exports. New products, geographic penetration, and online banking. Opportunities for merger and acquisition in the banking sector. Currency markets and challenges for arranging foreign exchange. At the end of session, every speaker will make expectations on the economy s performance, on the activity of the banking sector, and the bank s plans for the New Year. Moderator: Ahmed Radwan Managing Editor Al Mal Newspaper. Akram Tinawi Managing Director & CEO ABC Bank. Nevine Loutfy Managing Director & CEO ADIB. Dr. Yasser Ismail Hassan Managing Director National Bank of Kuwait - Egypt.

8 2:00PM 3:20PM Session 4 Real Estate Growth Opportunities Real estate remains the most attractive industry to investments in Egypt in view of a remarkably high domestic demand for both housing and business units. In 2015, the state has showed in as a strong market player, overseeing a large number of projects, such as Dar Misr for middle-income home-seekers and lowcost units for poorer population. During this session, leading developers and industry officials will speak out on the obstacles of carrying out business in 2015 as well as opportunities and challenges for operation in the New Year. They will present insights on real estate price movements in 2016, spell out their demands from the government and the new parliament, and illustrate their business plans to the audience. Debates aim to come to terms with the following issues: Developments in the contracts for real estate schemes sealed during the March 2015 conference on supporting Egyptian economy. New models for partnership with the state profit-sharing and direct placement of contracts without competitive process. Factors that determine real estate price movements in Competition between Egyptian and foreign companies over large real estate schemes (the new administrative capital and the one-million housing units project). Protracted challenges for real estate industry: supply of utilities, notary registration, and taxation At the end of session, every speaker will make expectations on the economy s performance, on the activity of real estate market, and the company s plans for the New Year. Moderator: Hazem Sherif Editor-in-Chief Al Mal Newspaper. Ayman Ismail Chairman & CEO Mountain View. Hassan Hussein Chairman & CEO Al Oula Taamir Mortgage Finance. Hisham Shoukri Chairman & CEO Rooya Group. Hussein Sabbour Chairman Al Ahly for Real-Estate Development. Mohamed Abdallah President & CEO Coldwell Banker. 3:20PM 4:05PM Lunch

9 :. Coldwell Banker :

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11 . PHC Investment Banking Co. EMRC AXA Acumen Holding :

12 : Carbon Holdings

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