Sisi to deliver a speech at EEDC closing
President Abdel Fatah al-Sisi during the EEDC - Photo courtesy of presidential office

CAIRO: Egyptian President Abdel Fatah al-Sisi is to deliver a speech Sunday at the closing day of the Egypt Economic Development Conference.

According to the EEDC website, during the 30-minute speech, scheduled to start at 12:30 p.m. Sisi is scheduled to announce the developments of the conference and its expected effect on the Egyptian economy.

The EEDC’s closing day began at 9:00 a.m. with a session on “Financing Emerging Markets” to explore key touchstones for finance in Egypt’s nascent sectors of mortgage, insurance and micro-finance. During the 45-minute session, Chairman of the Egyptian Exchange Mohamed Omran and Chairman of the Egyptian Financial Supervisory Authority Sherif Samy are expected to deliver speeches.

Also at 9:00 a.m., four separate workshops on the development project of Suez Canal started in tandem on logistics and maritime services, infrastructure, ICT and business parks and industrial development plan.

At 9:45, Egyptian Minister of Trade and Industry, Mounir Fakhry Abdel Nour, was scheduled to deliver a speech on financing the small-and medium-sized enterprises and the role that SMEs play in the job market.

Mario Spangenberg, President and Managing Director of General Motors Africa, Heba Handoussa, Founder of Egypt Network for Integrated Development and several international economists will be present at the 45-minute session.

At 2:00 p.m., five sessions on several investment sectors will be held in sequence. The sessions will be focused on the thriving entrepreneurship ecosystem in Egypt and will demonstrate case studies and private sector views in the sectors of Retail and Internet, Transport and Logistics, Agriculture and PPP Projects.

At 5:00 p.m., a session on potential business opportunities in Egypt’s sport sector will be held where Minister of Youth and Sport Khaled Abdel Aziz will be present.

The conference will close at 8 p.m. with a concert dinner where Egypt’s renowned singer Mohamed Mounir will perform.

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