2018 Schedule

Tuesday, 17 April 2018
08:15–09:00 Registration and Networking Breakfast
09:00–09:05 Conference Chair Welcome

Rosanna Lockwood, Broadcast Journalist and Presenter

09:05–09:10 Welcome Remarks
Ahmed Abou El Saad, CFA, President, CFA Society Egypt,
Chairman, Rasmala Egypt Asset Management
09:10-09:15 Welcome Address
Mohamed Farid Saleh, Chairman
Egyptian Exchange (EGX) and the Federation of Euro-Asian Stock Exchanges (FEAS)
09:15-09:20 Welcome Keynote

H.E. Dr. Sahar Nasr, Egyptian Minister of Investment and International Cooperation

09:20-09:50 Interview
Gary Baker, CFA · H.E. Dr. Sahar Nasr

H.E. Dr. Sahar Nasr, Egyptian Minister of Investment and International Cooperation

Gary Baker, CFA, Managing Director, Europe, Middle East, and Africa, CFA Institute

Pillar I: Capital Markets
09:50-10:35 Panel Discussion: How Can Capital Markets Drive Economies?
Ahmed Abou El Saad, CFA · Ashraf Ghazaly · Fadi Al Said, CFA · George Spentzos, CFA · Mohamed Farid Saleh
  • What needs to happen to deepen Egypt’s capital markets?
  • How is the introduction of new debt instruments impacting regional capital markets?
  • What needs to be done to promote more bond issuance?
  • How should the challenges facing the equity capital markets and IPOs in Egypt be addressed?
  • How can the capital market benefit the vast majority of citizens and improve the GDP per capita?

Moderator: Ahmed Abou El Saad, CFA, President, CFA Society Egypt and Chairman, Rasmala Egypt Asset Management

Ashraf Ghazaly, Chief Executive Officer and Managing Director, NI Capital

Fadi Al Said, CFA,Director, Portfolio Manager/Analyst, Lazard Gulf Ltd. (Dubai)

Mohamed Farid Saleh, Chairman, Egyptian Exchange (EGX) and The Federation of Euro-Asian Stock Exchanges (FEAS)

George Spentzos, CFA, Director, LNG Capital

10:35-11:00 Networking Break
11:00-11:30 The Egyptian Economy in the Global Context

Tim Fox Chief Economist and Head of Research, Emirates NBD

  • Global Outlook
  • Regional Economic Perspective
  • The Egyptian Economy in Transition
Pillar II: Real Estate
11:30-12:15 Panel Discussion: Developing Real Estate for Future Generations
Abdel Nasser Taha · Amer Abdulaziz Khansaheb, CFA · Racha Al Khawaja · Rosanna Lockwood · Tarek Abdel Rahman
  • Is real estate the strongest sector in the economy or a huge bubble?
  • What are the main drivers that could contribute to the growth in the regional real estate market over the coming decade?
  • Can the mega projects and new cities, including the new administrative capital, lead the future growth?
  • What can be done to ensure high standards of living for young people?
  • In a high interest rate environment, how will mortgage finance change the real estate market and affect new entrants?

Moderator: Rosanna Lockwood, Broadcast Journalist and Presenter

Amer Abdulaziz  Khansaheb, CFA, Managing Director, Khansaheb Investment

Racha Al Khawaja, Group Chief Distribution and Development Officer, Equitativa

Tarek Abdel Rahman, Co-Chief Executive Officer, Palm Hills Developments

Abdel Nasser Taha, CEO, CFLD Egypt and President, FIABCI, Egypt

12:15-12:45 Global Macro-Demographics and Investments: A Middle-East Focus
Amlan Roy, Global Chief Retirement Strategist State Street Global Advisors
  • Demographics Misunderstood
  • Global Demographics Overview
  • Middle East Demographics
  • Growth and Demographics
  • Inflation, Debt and Fiscal Sustainability
  • Asset Prices and Asset Allocation
  • Which Sectors Are Advantaged?
  • Conclusions for the Middle East
12:45-13:45 Networking Lunch
Pillar III: Non-Banking Financial Services System
14:15-15:00 Panel Discussion: Lending in Non-Banking Financial Services — A Call for Change

Amr Abou Elazm · Ashraf El Khatib, CFA · Khaled Al-Gazawi · Shehab Marzban · Sherif Samy · Walid Hassouna

  • What’s the state of non-banking private debt in Egypt and the rest of the region?
  • Are the trends driving non-bank lending here to stay?
  • How can we ease access to financing for businesses, grow the industry, and make an impact?
  • Do we need new regulations, products and outreach models?
  • How could fintech reshape the industry? Is competition or collaboration better for the industry?
  • Can making a social impact be part of a profitable strategy for the sector?

Moderator: Ashraf El Khatib, CFA, Board Member, CFA Society Egypt, and Senior Vice President, Private Equity, NI Capital

Khaled Walid Al-Gazawi, Chief Executive Officer, Ebdaa Bank for Microfinance – Kingdom of Bahrain

Amr Abou Elazm, Chairman, Tamweely Microfinance Company

Walid Hassouna, Chief Executive Officer, EFG Hermes Finance

Sherif Samy, Chairman, National Asset Management and Investment SAE

15:00-15:30 Networking Break
Pillar IV: Energy and Renewables
15:30-16:15 Panel Discussion: The Future of Energy Production in the Middle East
Ahmed Zahran · Basil El-Baz · Dave McCurdy · Khaled AbuBakr · Tarek Mansour
  • How are conventional and renewable energy companies reshaping the energy industry?
  • What is the outlook for the oil and gas industry and for OPEC?
  • What are governments in the region doing to shift to more sustainable energy sources?
  • What are the biggest challenges in achieving sustainability, and what are some ideas for how to overcome them?
  • How are investors approaching the energy sector? Can renewables meet the growing energy demand?
  • A closer analysis of various renewable energy sources and their applications for the Egyptian market.
  • Where are opportunities for investors in Egypt’s energy sector?
  • How can we meet the need for an integrated national electricity grid in Egypt?

Moderator: Khaled AbuBakr, Chair and Co-founder, TAQA Arabia, and Chairman, Egyptian Gas Association

Basil El-Baz, Chairman and Chief Executive Officer, Carbon Holdings

Dave McCurdy, President and CEO, American Gas Association (AGA)

Arshad H. Sufi, Chairman, METAS Energy

Ahmed Zahran, Co-Founder and CEO, KarmSolar

16:45 Conference Closes