Streamlining investment regulations, private sector empowerment, and financial
inclusion are top policy priorities discussed during the roundtable meetings
CI Capital hosts, today, Her Excellency Dr. Sahar Nasr, Egypt’s Minister of Investment and
International Cooperation, for a roundtable discussion with leading institutional investment firms
based in the US with aggregate assets under management (AUMs) in excess of USD600bn.
The roundtable coincides with Dr. Nasr’s visit to the US where she is chairing a high-ranking
delegation featuring the Head of the Egyptian Exchange (EGX) Mr. Mohammed Farid and the
Head of the Egyptian Financial Supervisory Authority (EFSA) Mr. Mohammed Omran to attend the
Annual Meetings of the World Bank (WB).
During the roundtable, the Minister will present prime investment prospects in Egypt as well as
highlighting attempts to enhance private sector-driven growth. The new investment law is the
primary effort on this front with the incentives and opportunities it offers, while providing legal
assertions supporting currency mobility and guarantees against nationalisation and land
foreclosure. A second one is a new national investment map portal, profiling opportunities and
data across all Egyptian governorates.
Dr. Nasr will also shed light on the headway for Egypt’s IPO program, administrative reforms,
social safety nets in the face of inflationary pressures and the mapping of investment
opportunities in the pipeline. Other roundtable topics include prospects for FDI growth, recent
developments in capital markets and diversifying the financial market beyond the banking sector.
Karim Khadr, Managing Director, CI Capital’s Head of Brokerage, is honoured to welcome Her
Excellency Dr. Nasr in New York and highlights that this meeting is CI Capital’s second such
event over a two-week span. The first hosted His Excellency Amr El-Garhy, Egypt’s Minister of
Finance, in the US, last Thursday 12 October, in addition to a scheduled meeting with investors in
the UK by end of week. This reflects the positive sentiment that officials are keen to adopt
increased transparency and maximise investor interaction.