2nd Egypt Business Solutions Summit kicks off with participation of environment, emigration ministers

06 / 11 / 2023

By Marwa Nassar - -

The Second Egypt Business Solutions Summit kicked off on Monday under the theme of “Fill the Gap” with the participation of Ministers Yasmine Fouad of Environment and Soha Gendi of Emigration and Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba.

All parties concerned, including representatives for government bodies and financial institutions, industry experts and businessmen, attend the summit which is a platform for enhancing communication, exchanging knowledge, and building strategic partnerships to promote the business community’s development.

The summit tackles the role of the banking and non-banking sectors in supporting the engines of the economy as well as the role of international financing agencies, direct investment companies, investment funds, and business accelerators to prop up local industry, small and medium enterprises (SMEs), and entrepreneurship.

It also sheds light on strategies for building more crisis-resilient business models and realizing growth through adopting innovative solutions.

The summit also seeks tackling mechanisms for upgrading supply chains and localizing technology and innovation to create new opportunities.

The get-together also brings to limelight the retail sector, labor-intensive industries, and industrial zones as well as means of magnifying their value added.

The summit also highlights the competitive advantage of the Egyptian governorates and how to create a state of competition to boost productivity and optimal utilization of available resources and capabilities in order to ensure sustainable and inclusive economic growth.

Several workshops are also due to be held within the framework of the summit to address capacity building, institutional development, and corporate governance.

A special discussion session is to be held on “Where opportunities are found?”, mechanisms for smart exit and ways of attracting and accessing financing.

It is worth mentioning that the first Business Solutions Summit was attended by more than 850 people, experts, business owners, and those interested in the business community.

The summit falls within the efforts exerted by the state – under the leadership of President Abdel Fattah El Sisi – to accelerate national economy engines, achieve sustainable economic growth, reduce the importation bill, and realize financial inclusion and digital transformation.