Egypt looks forward to 2015

The Egyptian economy has passed through difficult times and 2015 looks set to be a banner year for offerings, economic experts reiterated at the EFG Hermes 11th Annual One-on-One Conference, which kicked off on Monday in Dubai.

The three-day gathering, regarded as the most highly anticipated annual platform for key global equity investors, high-level executives and industry professionals, brings together government officials and over 450 investors from 200 institutions — with aggregate assets under management of over $10 trillion — with senior managers from 107 companies spanning 14 countries across the MEA.

Participating companies are drawn from a broad list of sectors including financial services, energy, consumer discretionary, consumer staples, telecommunications services, healthcare, industrials, utilities, materials, and real estate and hospitality, and have a combined market capitalisation of nearly half-a-trillion dollars.

Among the key talking points at this year’s gathering will be the increase in IPO activities in Egypt, and the anticipated rise in private market transactions in the GCC such as mergers and acquisitions on the back of tightening global liquidity and falling oil prices.