Egypt Economic Summit Kicks off Today

Egypt Economic Summit is kicking off today, Wednesday for the second year in a row. The summit will be held under the auspices of the Egyptian Cabinet headed by Dr. Mostafa Madbouly.

This year, the summit is expected to receive more than 20 speakers, experts, and opinion leaders from the government and private sectors. They will discuss economic opportunities in Egypt after the Coronavirus crisis in a number of influential and pivotal sectors of the Egyptian economy.

The summit will discuss the most prominent issues related to the Egyptian economy. Three specialized sessions will be held, the first of which will focus on the banking and investment sector. It will shed light on the role of banks in supporting the Egyptian economy during the Covid-19 crisis.

The second session will discuss the role of the real estate sector, which has proven its effectiveness as one of the most resilient and stable sectors during the Coronavirus crisis. The third session will review the extent of infrastructure preparedness for the digital transformation plan in Egypt in the wake of the Coronavirus crisis.

The summit will have an important opening session, in which the Egyptian government will review the latest developments in the Egyptian economy in the sectors of banking, real estate, telecommunications, and information technology. It is scheduled for Engineer Yahya Zaki, head of the Suez Canal Economic Zone to deliver a speech. The opening session will be concluded with a speech by Professor Ayman Soliman, President of The Sovereign Fund of Egypt.

It is worth noting that the summit is very important in light of difficult circumstances that have passed on the global economy in general. The Egyptian economy was able to withstand these conditions, with the testimony of international institutions. It was the most durable thanks to the economic reforms that were implemented during the last period. It was able to achieve a satisfactory growth rate.

The second round of the summit is an extension of its success over the past year. It came to complement the ideas and serious discussions that are presented by a bunch of experts, interested people, and business leaders. They will draw an economic roadmap through which the negative effects of the Coronavirus pandemic can be overcome.