EGX is organizing its first Summit for the initial public offering in May 6, 2014. This summit aims at gathering all the decision-makers in the world of business and finance locally and regionally to enhance the growth opportunities for companies by raising capital through IPOs.
The conference will be held in the official presence of His Excellency Prime Minister Engineer Ibrahim Mahlab. His Excellency will give the opening speech of the summit that is held in timing which sends more than one message to local and regional investors. The first message is to raise the investors' confidence in order to return to thrust more investments in Egypt across different sectors. The second message is to emphasize on the EGX efforts to facilitate the financing channels for the different projects and companies that seek growth via expanding its ownership base through stock market. The final message is to inform the Egyptian and Middle Eastern business community that EGX welcomes them to an easier gateway to finance their growth whether they are from the private sector or the governmental projects.
Admiral Mohab Mamish, Chairman of Suez Canal Authority will participate in the summit as a speaker to discuss the latest projects of Suez Canal Authority. He will also talk about the development plans expected to be accomplished during the coming period.
The summit will be held in the presence of a number of Ministers from the economic community as well as senior officials of financial institutions operating in Egypt. Also, Chairmen of more than 200 companies aiming at growth through the capital market will be participating, which enhances the economic growth rates.