Egyptian Capital Market Association celebrates 20th anniversary today

The non-profit Egyptian Capital Market Association is celebrating Tuesday evening its 20th anniversary, under governmental and non-governmental auspices.

Under the rubric ‘Egypt: towards new economy’, the celebration aims to bolster channels of communications between the government and leaders of financial institutions and firms operating in the Egyptian market, to explore visions about the country’s economic strategies.

Over 500 of high-profile governmental officials, market leaders, asset managers, investors, decision markers, and politicians will attend the celebration, notably Egyptian Minister of Finance Amr Al-Garhy, Minister of Investment Dalia Khorshid, Minister of Public Sector Affairs Ashraf El-Sharkawy, and Minister of Social Solidarity Ghada Wali.

Among the participants will be officials in EFG-Hermes, Prime Holding, Qalaa Holdings, Arab African International Bank (AAIB), Commercial International Bank (CIB), Beltone Financial, Misr Italia Group, Bank Audi Egypt, and the country’s Egypt’s Central Securities Depository (MCDR).

On the sidelines of the celebration, ECMA will hold a symposium tackling a number of major topics related to Egypt’s political and economic situation alongside the government’s economic programme.  It will be attended by Amr Moussa, former Secretary-General of the Arab League, ex-trade minster Mounir Fakhry Abdel Nour, and Hani Sarie-Eldin – former Chairman of Capital Market Authority, ex-finance minister Ahmed Galal, and Ziad Ahmed Bahaa-Eldin, former deputy prime minister.

Minister of Investment Dalia Khorshid, Minister of Public Sector Affairs Ashraf El-Sharkawy, Sherif Samy, Chairman of the Egyptian Financial Supervisory Authority (EFSA), and Mohamed Omran, Chairman of Egyptian stock Exchange (EGX) will deliver keynote speeches during ECMA celebration.

Founded in 1996, the Egyptian Capital Market Association (ECMA) is Egypt’s first non-government, not-for-profit professional organisation in the securities industry. It is dedicated primarily to providing a forum for all capital market participants in their efforts to set high professional standards for the industry, adhere to the ethical conduct of business and the rules of fair practice, and uphold the integrity of the marketplace.