Explaining Egypt, its Economy, and Outlook

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Date: Tuesday, 27 June 2017

Time: 08:00 - 10:00

Reuters/Amr Abdallah Dalsh (Egypt)

In the six years since the January 2011 uprising, Egypt's economy has continued to underperform. However, since the long-needed flotation of the Egyptian Pound in November 2016, there has been a resurgence of interest from both direct and indirect investors. We shall review: the restructuring that has undertaken so far; the likely areas for reform; and the challenges faced by the Egyptian government as it seeks to revive investment and economic growth.

The presentation will cover the following topics:

  • The restructuring of the Egyptian economy since 2016, including the flotation of the Egyptian Pound
  • The more likely economic reforms in the next two to three years
  • The challenges for the government, including excessive population growth and high rates of inflation
  • The economic and political outlook

Speaker

Angus Blair - Menas Associates’ lead Egypt consultant, and author of our Egypt Politics & Security publication.

He began his career with a distinguished period in the City of London before working in the financial services sector of both Egypt and Saudi Arabia. Angus founded and manages a leading Cairo-based financial consultancy company, and is the COO of a local investment bank.

Previously, he has been head of equities and later also of sales and trading, for a number of emerging markets and ING Barings and the ABN AMRO, based in London. He headed the team which started the first coverage of the Arab stock markets by a global investment bank.