Egypt State Information Service

Beating Inflation, sustaining growth

20-21 October 2008, Semiramis InterContinental Hotel, Cairo

Sunday 19 October

18.00-19.30

Pre-registration Reception

Foyer to the Cleopatra Ballroom

Monday 20 October

08.00-09.00	Registration and Coffee Foyer to the Cleopatra Ballroom
Opening Session: Cleopatra Ballroom
09.00-09.10	Euromoney Welcome: Richard Banks, Director, Middle East, Euromoney Conferences
09.10-10.10	Interview: HE Dr Youssef Boutros-Ghali, Minister of Finance, Arab Republic of Egypt interviewed by Richard Banks, Director, Middle East, Euromoney Conferences
10.10-11.10	Keynote Address: HE Dr Mahmoud Mohieldin, Minister of Investment, Arab Republic of Egypt The Growth and Development Commission: Lessons for Egypt
11.10-11.55	PANEL I: Beating inflation, sustaining growth: The national, regional and global context for investment Cleopatra Ballroom
	• How is the global slowdown affecting Egypt? • Is inflation only temporary or is it here to stay? • Will Gulf investment continue to flow into Egypt? • How much can the government really do to mitigate external factors? • Will the reform process stall?
	Moderator: Richard Banks, Director, Middle East, Euromoney Conferences Panellists: Richard Daly, Chief Executive, Vodafone Egypt Taher Helmy, Senior Partner, Helmy, Hamza & Partners (Baker & McKenzie) Hisham El-Khazindar, Co-founder, Managing Director, Citadel Capital Ritva Reinikka, Director, Social and Economic Development Group, Middle East and North Africa, The World Bank Wael Ziada, Head of Research, Egypt, EFG-Hermes
11.55-12.25	Coffee Break
12.25-13.10	Workshop A: *Growth, inflation and the Egyptian consumer* EFG-Hermes Cleopatra Ballroom	Workshop B: *Successful Initial Public offerings* Concord International Investments Teeba Room (3rd Floor)	Workshop C: *Building Industry Leaders in Energy* Citadel Capital Babylon Room (3rd Floor)
	Egypt has a large and youthful population, with rising GDP per capita. Domestic consumption will become a more important driver of economic growth as the economy develops. But there is very little data on how much disposable income, Egyptians have, and how many Egyptians are able to buy consumer products and/or buy their own homes. The panellists will look at the Egyptian consumer from their own perspective to get a better feel of how the Egyptian consumer economy might develop. Moderator: Simon Kitchen, Egypt Economist/Strategist, EFG-Hermes Speakers: Mohamed Abdalla, Chief Executive Officer, Coldwell Banker, I.A. Walid Chaouch, Head of Consumer Finance Division, NSGB Herve Majidier, Country Director, Carrefour Hany Mwafy, Managing Director, AC Nielsen Egypt	• Privatization – a driver in the IPO market in the MENA region • Emerging markets – Egypt and the GCC • A regulator's perspective • An issuer's perspective • Prospects for IPOs during a financial and economic crisis Moderator: Sherif W. Raafat, Vice Chairman, Concord Speakers: Albert Momdjian, Managing Director,Calyon Corporate & Investment Bank Hani Sari El Din, Attorney at Law	• M&A in the energy sector • Setting the scene • TAQA overview • Benefits and advantages of the acquisition • Global crisis: Investment opportunity? • Management of upstream risk in view of the volatile oil prices • Financial implication of exploration and production • Management and availability of E&P assets • Implications on services in view of the financial turmoil Moderator: Hisham El-Khazindar, Co-founder, Managing Director, Citadel Capital Speakers: Salah Hafez, National Petroleum Company Khaled Abu Bakr, Taqa
13.10-14.30	Lunch hosted by Banque Misr Keynote Address: Robert Parker, Vice Chairman, Credit Suisse Asset Management

14.30-15.15	Workshop D: *A New Financial World: Challenges and Opportunities for the Region* Arab African International Bank Cleopatra Ballroom		Workshop E: *The Internet…where do we go from here?* Vodafone Teeba Room (3rd Floor)
	• What went wrong in the international financial system? • What are the risk management lessons to investment bankers and regulators? • What are the projected features of the new financial system? • What are the challenges and opportunities for the region? Moderator: Hassan Abdalla, CEO, Arab African International Bank Speakers: Arthur Koops, General Manager, Head of Risk Management, Arab African International Bank Mohamed Sammakia, Managing Director, President Middle East Division, UBS London Mohamed Taymour, Chairman, Pharos Holding for Financial Investments		• The Internet is important for a country's future in so many ways – it helps drive business, education and GDP • But Internet adoption is not growing quickly enough in Egypt • Yet demand is extremely high, look at the popularity of Facebook! • So what is holding it back? Price? Access? Content? • We need to accelerate the build-out of the Internet ecosystem in Egypt Moderator: Richard Daly, CEO, Vodafone Egypt Speakers: Jonathan Bill, Vodafone Egypt Hany El Sonbaty, EFG Hermes Private Equity Wael Fakharany, Google Egypt
15.20-16.05	Workshop F: *Partnerships for Prosperity: Promoting SMEs* Credit Agricole Egypt Cleopatra Ballroom		Workshop G: Trends in Capital Markets Post Black September NAEEM Holding Teeba Room (3rd Floor)
	• SME's lending: can it be the next winning horse? • Developing the "entrepreneur" attitude" • Building up a "bankable" SME community • Supply chain linkages and clusters: the way forward Moderator: Michel Zanatta, Retail & Commercial Banking Head, Crédit Agricole Egypt Speakers: Samir Farah, Owner, MAS for Construction & Engineering Dora Fiani, CEO, Coface Egypt Ayman Mokhtar, Enterprises Banking Head, Crédit Agricole Egypt Gamal Oun, Owner, Gamma Pack		Moderator: Hisham Tawfik, Executive Board Member, NAEEM Holding Speaker: Mike Millar, Regional Director of Research, NAEEM Holding
16.10-16.55	Workshop H: *Egypt: The Potential of the Under-banked* Barclays** Cleopatra Ballroom	Workshop I: *Managing Liquidity in Unpredictable Time and Global Trade Trends* Citi Teeba Room (3rd Floor)	Workshop J: *Securitization* Ahli United Bank Babylon Room (3rd Floor)
	• Definition and segmentation of the under-banked • Plastic money in a cash based society.. towards a behavioural change • Banking the under-banked • Credit score data and risk management • Reaching out to the under-banked, a customer driven approach • Payroll and card-carrying customers – a glance at the government initiatives Moderator: Richard Banks, Director, Middle East, Euromoney Conferences Speakers: Khalid Elgibaly, Managing Director, Barclays Bank Egypt & North Africa Hanaa El Hilaly, Director General, International Cooperation Group, Social Fund for Development Mounir El Zahid, Managing Director, HSBC Bank Egypt	Speaker: Kamal Moris, Assistant Vice President, Treasury & Trade Product Head, Citi	• Securitization of mortgage finance portfolios in Egypt • The speakers' experience in the asset backed market • An investor's view of asset backed securities • Current market dynamics for fixed income instruments Speakers: Maha Abd Al Hamid, Ahli United Bank (Egypt) Omayma Farahat, Senior General Manager, Corporate Banking, Ahli United Bank (Egypt) Ahmed Haggag, Chief Executive Officer, Amlak Finance & Real Estate Investment Ahmed Mokhtar, Head of Asset Management, Beltone Financial Hazem Moussa, Founding Partner & Executive Director, Contact
17.00-17.20	Keynote Address: HE Dr Hassan Younes, Minister of Electricity and Energy

17.20-18.05	PANEL II: Energy: Focus on renewables and alternatives to hydrocarbons Cleopatra Ballroom
	• Where will Egypt turn for its future energy needs? • What are the latest developments in the nuclear power programme? • What other options does Egypt have to utilise its renewable energy potential? • What role will financial institutions play in renewable energy projects? • What is Egypt's strategy for offset investment, emissions trading and other carbon finance/investment products?
Moderator: Richard Banks, Director, Middle East, Euromoney Conferences Panellists: Mohamed Metwalli, Chairman, Kahromika Misr Company for Mechanical and Electrical Projects Abd El Rahman Salah El Din, Executive Chairman, New & Renewable Energy Authority (NREA) Ahmed Zahran, Renewable Energy & CDM Business Development Manager, TriOcean Energy
18.05-19.30	Cocktail Reception Hosted by Pharos Holding for Financial Investments Poolside, 4th Floor

Tuesday 21 October

08.30-09.00	Registration and Coffee Foyer to the Cleopatra Ballroom
Opening Session: Cleopatra Ballroom
09.00-09.05	Euromoney Welcome: Richard Banks, Director, Middle East, Euromoney Conferences
09.05-09.35	Keynote Address: HE Mr Mohamed Mansour, Minister of Transport
09.35-10.05	Keynote Address: HE Dr Tarek Kamel, Minister of Communications and IT
10.15-11.25	PANEL III: Egyptian Banking: Round 2 Cleopatra Ballroom
	• How has local inflation and global financial sector turmoil affected Egypt? Is bank profitability under threat? • Do Egyptian banks have enough capital? • Competition in the banking system • What is the future for public banks? • Is retail banking still the most attractive sub-sector? • Is regulation tough enough?
	Moderator: Richard Banks, Director, Middle East, Euromoney Conferences Panellists: Essam Abu Hamed, Vice Chairman, Housing & Development Bank Khalid Elgibaly, Managing Director, Barclays Bank Egypt & North Africa Henri Guillemin, Managing Director, Crédit Agricole Egypt Abbas Hilmi, Senior Managing Director, Concord Mohamed Ozalp, Vice Chairman, Banque Misr Mohamed Taymour, Chairman, Pharos Holding for Financial Investments

11.30-12.20	PANEL IV: Securities Market Structure Teeba Room (3rd Floor)	PANEL V: Financing Transportation Infrastructure Haroun El Rashid (3rd Floor)
	• Should the Egyptian Exchange and the CMA take tougher action against insider trading? • How much will improve with the introduction of the Egyptian FSA? • How has the Nilex developed - one year on from its launch?	• How can the private sector be encouraged to invest more in Egypt's transport sector? • PPPs, BOT, BOOT, LTLA – what is the right formula for Egypt? • Is the legislation adequate for sophisticated project financing in the transport sector? • What are the safety and environmental concerns?
	Moderator: Angus Blair, Head of Research, Beltone Financial Panellists: Mohammed Maher, Vice Chairman, Prime Holding Osama Saleh, Chairman, Mortgage Finance Authority Maged Shawky, Chairman, The Egyptian Exchange Hany Tawfik, Chief Executive Officer and Managing Director, NAEEM Holding Mohamed Yasin, Managing Director, SHUAA Securities	Moderator: Rafy Kourouian, Country Manager, Egypt, Product Manager, MENA, ISI Emerging Markets Panellists: Jens Floe, Managing Director, Suez Canal Container Terminal James Goold, Chief Executive Officer and Managing Director, Ahli United Bank (Egypt) Sherif Oteifa, Advisor to the Minister, Ministry of Investment Srilal Perera, Adviser (MIGEX), Multilateral Investment Guarantee Agency, a member of the World Bank Group
12.25-13.15	PANEL VI: Real Estate Teeba Room (3rd Floor)
	• What is driving the real estate market in Egypt? • How sustainable is current growth faced with rising costs? • Can residential developers succeed in providing affordable housing while maintaining profitability? • Have Egyptian legal changes made it harder for developers to raise finance? • Has a souring credit market had an impact on the development of real estate projects in Egypt? • How can investors access the market in 2008/2009?
	Moderator: Richard Banks, Director, Middle East, Euromoney Conferences Panellists: Ahmed Demerdash Badrawi, Director, Business Development, SODIC Maha El Kelish, General Manager, Egypt, Dun & Bradstreet Khaled Rasekh, President and Chief Executive Officer, ERA Real Estate, Middle East & North Africa Hesham Shoukri, Executive President & CEO, Rooya Group
13.15-15.00	Lunch Hosted by Prime Holding
15.00-16.00	HE Dr Ahmed Nazif, Prime Minister, Arab Republic of Egypt interviewed by Simon Brady, Managing Director, Euromoney Magazine

Euromoney Conferences reserve the right to amend the programme and is not responsible for cancellations due to unforeseen circumstances. Euromoney Conferences accepts no responsibility for statements made orally or in written material distributed by any of its speakers at its conferences. In addition, Euromoney Conferences is not responsible for any copying, republication or redistribution of such statements.