Under the auspices of Egypt’s Prime Minister Dr. Hisham Kandil, Beltone Financial Holding (BTFH.CA) is organizing its annual investment conference starting next week September 24th, 2012 in Cairo, entitled “New Dawn”. About 75 international firms and mutual funds will be taking part in the three-day conference.
The three-day conference aims to attract foreign investment to the Egyptian market, as well as to clarify the current and future vision of the Egyptian economy to global investors.
Alaa Saba, Beltone Financial CEO, said the total volume of assets managed by participating Egyptian and foreign firms, sovereign funds and institutions reaches about $250 billion. The number of companies participating in the conference is about 25, in addition to 50 Egyptian, regional, and global sovereign funds, institutions, and investors.
An important factor driving Beltone to organize the meeting is a need from regional and global sovereign funds, investors, and institutions to listen directly to Egyptian officials and company executives on their plans and visions for the Egyptian economy, Saba added.
This meeting provides a unique opportunity for fund managers and investors from the GCC, Europe, and the US to get the latest updates and future plans for the Egyptian economy directly from policy-makers. The conference will also include one-on-one meetings with the presidents and senior executives of Egyptian listed companies to discuss their future strategies and technical and financial details, all of which is necessary information for investment managers to make well-informed investment decisions.
The conference will include up to 600 one-on-one meetings between the heads of Egyptian companies and investors.
It is also worth mentioning that Beltone Financial Holding has organized 6 conferences and investment meetings over the past four years, in the United States in cooperation with the New York Stock Exchange (NYSE), in England in cooperation with the London Stock Exchange (LSE), and in Qatar in cooperation with Qatar Exchange (QE). These were all held to shed light on investment opportunities in Egypt and the MENA regional.
Beltone Financial is a regional financial services group operating in the fields of asset management, investment banking, private equity, securities brokerage, custody and research. The company is headquartered in Cairo and has affiliate offices spanning Europe and the Middle East, to better reach and service its client base. The Group has been pioneering the market with a number of its subsidiaries such as its Asset Management arm being the largest in Egypt in terms of assets under management and its Brokerage arm, ranking number 1 in trading in first half of 2012
