Under the annual conference of “Mutual Funds’ Role in Supporting Egypt’s Economy” which has organized by Money Cycle, Dina Abdel Fattah the founder of the event told that the economy needs unconventional tools and solutions in order to face any challenges and achieve progress for business society environment by the upcoming phase.
The current period requires promoting the role of Mutual funds as a successful tool that may support the economic sectors and look into solutions so as to facilitate and expedite its developments in Egypt, Abdel Fattah added.
The conference is considered to be a great opportunity for developing Mutual Funds sector through exchanging the best practices, discussing the ongoing challenges and the available opportunities within the market, as well as reviewing the importance of the funds and its types, in addition to exploring investment opportunities, funding mechanisms and their roles in attaining economic development.
Moreover, Money Cycle decided starting its first conferences by discussing the role of funds in enhancing the economy, targeting to support and activate Egyptian Exchange (EGX) market and allure new investors, so that confidence atmosphere should be provided for paving the way to funds to play an active role in boosting the available investments’ size and strengthen the economy in these hard circumstances.
