"The Egyptian market achieved leaps in recent years in the field of luring international investments", said Richard Banks, board chairman of Euromoney conference department.

The Egyptian market enjoys relative advantages, which made it able to lure more foreign capital.

In statements on Sunday, Banks said the Euromoney institution is happy for holding its conferences in Egypt for the 11th years in succession in coordination with the Egyptian government.

"The Euromoney conference reviews every year indicators of the Egyptian economy performance in various vital domains especially banks, petroleum, communication, tourism, trade and industry", he said.

The Euromoney will continue its work program to be a bridge for achieving understanding between governments, board chairman of Euromoney conferences department said.

The Euromoney conference is effective, Banks noted, citing the great number attending the conference.

The coming session of the Euromoney will take up the role of the investment banks in supporting economic activities.

Prime Minister Ahmed Nazif will open the Euromoney Egypt Conference 2007 due to be held in Cairo on September 4.

The two-day conference will be attended by a large number of Egyptian and foreign experts.

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