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Restarting Investment, Sharing the Benefits of Growth IMPORTANT NOTE: All session times are indicative only and will be adjusted or paused at the discretion of the organisers. Monday 8 October 17.00 – 19.00

Pre-Registration (badge collection)

Tuesday 9 October 08.00-09.00

Registration: Refreshments will be available throughout the conference in the Exhibition Area. MORNING SESSION: Rock & Blue Canyon Ballroom Welcoming Remarks: Richard Banks, Director, Emerging Markets, Euromoney Conferences

09.00-09.30

Address: H.E. Dr Hesham Kandil, Prime Minister, Arab Republic of Egypt

09.30-09.45

Address: H.E. Mr Momtaz Al-Saied, Minister of Finance, Arab Republic of Egypt

09.45-10.00

Interview: H.E. Mr Osama Saleh, Minister of Investment, Arab Republic of Egypt

10.00 -10.20

Coffee Break

10.20 -12.35

Interview Sessions: Interviewees listed in order of speaking Dr Ahmed Heikal, Chairman and Founder, Citadel Capital Dr Hussein El Kazzaz, Adviser on Integrated Development, Office of the President – The El-Nahda Project: Overview Tarek Amer, Chairman, National Bank of Egypt Hisham Ezz Al-Arab, Chairman and Managing Director, Commercial International Bank H.E. Mr James Moran, Ambassador of the European Union to Egypt Mona Zulficar, Chairperson, EFG Hermes

12.35-12.50

Special interview: CIT in the new Egypt with H.E. Eng Hany Mahmoud, Minister of Communications and Information Technology, Arab Republic of Egypt

12.55-13.45

PANEL I: The Economic Challenge – Restarting the Economy, Attracting Investment, Inclusive and Sustainable Growth What is Egypt’s true economic situation? Does anybody, actually, know? What is needed in the short-term? What is desired in the medium-term? Currency, subsidies and tax – how will the government tackle these challenges? In the long-term what can be done about the infrastructure, education and energy challenges? How can foreign investors be convinced to come back? Doesn’t domestic investment have to re-start first? How will multilateral and bi-lateral institutions be best involved? What is inclusive growth? Can it be made a reality? How can the social impact of investment be measured? Who decides where the social impact should be? Should the informal sector be made formal? How can the informal sector be adequately compensated, for example minimal wages, social insurance? With 50% of the population under 25, how can young Egyptians be trained to do the jobs which are needed? What is being done about youth unemployment?

White Canyon Ballroom

Moderator: Angus Blair, President, Signet Institute Panellists: Nevine El Shafei, Vice Chairman, GAFI Alia Moubayed, Senior Economist, Barclays Bank Walter North, Mission Director for Egypt, USAID Prof. Abdallah Shehata Khattab, Head of Economic Committee , Freedom and Justice Party 13.45-15.15

Lunch hosted by Banque Misr

15.15-15.30

Interview with Dr Rania Al-Mashat, Sub Governor, Monetary Policy, Central Bank of Egypt

Pearl Ballroom

Rock & Blue Canyon Ballroom Euromoney will moderate and manage a series of investment workshops focusing on investment opportunities in particular sectors. In addition to the topic points listed below each workshop will aim to answer the following two questions: what should policy-makers do now to get the sector moving? What are three projects/areas which will interest global investors in the short term? INVESTMENT WORKSHOP A: Manufacturing, Exports and Trade

INVESTMENT WORKSHOP B: Oil and Gas Development

Rock & Blue Canyon Ballroom

Coloured Canyon Ballroom

15.30-16.20 Large project development and funding – the role of multilaterals

What should Egypt do to develop its reserves further?

Encouraging labour intensive businesses as a way of creating jobs

What should be the balance between production for export and production for the local market?

What else can Egypt produce? What trade and export promotion measures should the government be implementing?

Should there be incentives to increase E&P? Can financial constraints be resolved quickly?

Moderator: Karim Helal, Chairman of the Board of Directors, Asean Egypt Business Association (AEBA) Panellists: Dr Alaa Arafa, Chairman and Chief Executive Officer, Arafa Holding Abdalla Elebiary, Managing Director, Citadel Capital Ahmed El-Hodaiby, Founding Managing Director, Rabwa Agriculture S.A.E Khaled Nosseir, Chairman, Alkan Holdings

Moderator: Richard Banks, Director, Emerging Markets, Euromoney Conferences Panellists: Eng Khaled Abu Bakr, Chief Executive Officer, TAQA Arabia Bahaa El-Shafie, Head of Corporate and Investment Banking Division, NSGB Salah Hafez, Chairman, National Petroleum Company Eng Shamel Hamdy, Senior Vice President for Operations and Projects, Trident Petroleum Co Nader Zaki, Vice President, BP Egypt

INVESTMENT WORKSHOP C: Energy

INVESTMENT WORKSHOP D: Real Estate

Rock & Blue Canyon Ballroom

Coloured Canyon Ballroom

16.25-17.15 Subsidies – what can and will be done?

How has the Egyptian real estate sector fared over the last two years?

Where is energy investment most needed?

Have land issues been resolved?

Can renewable energy be brought on stream quickly?

Will low-cost housing solve Egypt’s social problems?

How can better energy efficiency and management be achieved?

Is mortgage finance accessible to all Egyptians? What are the challenges here?

Must Egypt invest in nuclear energy?

17.15

Moderator: Angus Blair, President, Signet Institute

Moderator: Victoria Behn, Director, Middle East, Euromoney Conferences

Panellists: Tamer Abolghar, General Manager East Africa, Philips

Panellists: May Abdel Hamid, Chairman, Mortgage Finance Fund

Dr Yahya El Saie, Vice Chairman and Executive Member of the Board, Consulting Engineering Co

Ahmed Badrawi, Chief Business Development Officer, SODIC Hassan M. Hussein, Chairman, El-Taamir for Mortgage Finance Co.

Emad Ghaly, President, Renewable Energy and Head of Wind Power ME, Siemens Technologies S.A.E

Ayman Ismail, Chairman and Chief Executive Officer, DMG Mountain View

Carl Fredrik Gronhagen, Deputy Head of Representation, European Investment Bank

Hesham Shoukri, Chief Executive Officer and Executive President, Rooya Group

Close of day one

Day Two – Wednesday 10 October 08.30-09.00

Registration. Refreshments will be available in the Exhibition Area. Rock & Blue Canyon Ballroom Welcoming Remarks: Richard Banks, Director, Emerging Markets, Euromoney Conferences

09.00-09.20

Interview: Nidal Assar, Sub Governor, Investment and Foreign Relations Division, Central Bank of Egypt

09.20-09.40

Interview: Dr Ashraf Elsharkawy, Chairman, The Egyptian Financial Supervisory Authority (EFSA)

09.40-10.00

Inte:rview: Dr Mohamed Omran, Chairman, The Egyptian Exchange

10.05 -10.55

Panel II: Banking and Finance What is the financial sector doing to address Egypt’s challenges? Are the balance sheets and structures of Egyptian banks ready to support development? How can specialist institutions be re-invigorated and new ones created? Should banks compete or cooperate? How should risk be managed; internally or by the regulator? What three steps to increase lending can be taken now? Is government borrowing crowding out the private sector and embedding systemic risk? What needs to happen to the regulatory framework? What can Egypt learn from other countries’ legal and regulatory models? For example Malaysia and Indonesia? Moderator: Richard Banks, Director, Emerging Markets, Euromoney Conferences Panellists: Dr Ibrahim Ashmawy, Chairman, WestGate Consultants Sherif Elbehery, Director for Strategy, Planning, Marketing and Corporate Affairs, Barclay Bank Egypt Fathy El Sebai, Chairman, Housing and Development Bank Yaser Gamali, Chief Business Officer and Managing Director, AlexBank Wael Ziada, Head of Research, EFG Hermes Holding

10.55 -11.15

Coffee Break

INVESTMENT WORKSHOP E: Communication, Technology and IT

INVESTMENT WORKSHOP F: SMEs

Rock & Blue Canyon Ballroom

Coloured Canyon Ballroom

11.15 -12.05 The importance of communication, technology and IT in Egypt’s economic recovery

How many SMEs are there?

Developing a national broadband strategy

What sort of support do they want: skills, markets, finance?

Egypt as a destination for outsourcing and off shoring

How do they get access to finance? What is the role of angel investors?

Finance for CIT sector

How can SMEs get access to government contracts? Can multilaterals play a meaningful role in this sector – or is it down to locals? Should there be specialized SME development institutions in Egypt? Can the state really play a role in encouraging entrepreneurship and vocational expertise? Legislative issues: what reforms are needed for a clearer legal framework on licensing, registering and on-line payments etc?

Moderator: Richard Banks, Director, Emerging Markets, Euromoney Conferences

Moderator: Angus Blair, President, Signet Institute

Panellists: Hatem Dowidar, Chief Executive Officer, Vodafone Egypt

Panellists: Reem El Saady, Head of Bedaya Unit, GAFI

Ahmed El Alfi, Founder and Chairman, Sawari Ventures

Ian Gray, British Co-Chair, Egyptian British Business Council

Mohamed Elnawawy, Chief Executive Officer, Telecom Egypt

Khaled Hamouda , Head of SMEs Banking and Microfinance, Banque Misr

Ahmed Mekky, Board Member and Chief Executive Officer, Gulf Bridge International

Sherif Makhlouf, Managing Director, Boost

Khaled Rabie, Vice President, North East Africa, Public and Economic Affairs, Ericsson

Dr Mohamed Nasr, MSME Consultant

INVESTMENT WORKSHOP G: Islamic Finance

INVESTMENT WORKSHOP H: Tourism

Rock & Blue Canyon Ballroom

Coloured Canyon Ballroom

12.10-13.00 How real is demand for Islamic financial products in Egypt? What regulatory framework should be adopted? Are the financial markets ready for Islamic products? Is the legal system clear? How should new players enter the market?

With 14% of the population already employed in tourism, how can the industry start to grow again? Market segmentation – who do we want? Is the Egyptian product right? How can training play a bigger role in providing a better product? What Aviation reforms are needed? Is there still a monopoly in Egypt? Where are the infrastructure shortfalls and how can they be improved? Institutionalising tourism investment and finance

Moderator: Sherif Amer, Presenter, Al Hayat TV

Moderator: Victoria Behn, Director, Middle East, Euromoney Conferences

Panellists: Dr Mohamed Albeltagi, Chief Executive Officer, Egyptian Islamic Finance Association

Panellists: Ahmed Elemam, Chief Executive Officer, Tour Egypt

Dr Ahmed El Naggar, Head of Islamic Finance Committee, Freedom and Justice Party Ahmed El Sayed, Senior Partner - Tax Service Line Leader, Ernst & Young Egypt Dr Hussain Hamid Hassan, Chairman, Sharia Supervisory Board, Ridge Islamic Capital Dr Walid Shaker Hegazy, Managing Partner, Hegazy and Associates (in association with Crowell Moring)

Anton Good, Chief Executive Officer, Swiss Inn Hotels Mohamed Hanno, Executive Chairman, ASE Group, Egypt Morocco UAE Ashraf Ibrahim, President, Clever Travel Dr Alda Ragab, Economic Advisor to Minister, Ministry of Tourism

Panel III: Capital Markets, Debt and Equity 13.05– 13.55 Rock & Blue Canyon Ballroom Debt capital markets and the public sector financial deficit New instruments, opportunities and structures Building a stable yield curve. Lengthening tenor. Cutting debt costs – the case for a DMO Will the Government issue a sukuk? What effect will this have on the corporate bond market? Bringing back the equity investor Building the institutional investor base Moderator: Richard Banks, Director, Emerging Markets, Euromoney Conferences Panellists: Omar Darwazah, Investor Relations Manager, Orascom Construction Industries Amr Diab, Managing Director, Morgan Stanley Samy Khallaf, Adviser to Minister and Head of Debt Management, Ministry of Finance Gamal Khalifa, Chairman and Managing Director, Edge Portfolio Management 13.40

Close of Conference