Recommendations of Second Egypt Business Solutions Summit

06 / 11 / 2023

By Marwa Nassar - -

Moustafa Zamzam, the head of the Second Egypt Business Solutions Summit, underlined the importance of benefiting from the banking and non-banking sectors in promoting economic engines.

He also highlighted the role of international financing institutions, direct investment companies, investment funds and business accelerators in buttressing local industries, small businesses and entrepreneurship.

Zamzam also called for boosting exports of Egyptian products in addition to drawing up strategies for building more crisis-resilient business models and realizing growth through adopting innovative solutions.

He also exhorted upgrading supply chains and localizing technology and innovation to create new opportunities.

Zamzam also noted that the summit worked on incentivizing startups and small and medium-sized enterprises to join the formal economy, a step which will improve economic growth.

He also accentuated the importance of drawing up working strategies of various economic sectors through fintech-based axes in order to empower the business community in Egypt.