{"id":673221,"date":"2025-10-07T00:00:00","date_gmt":"2025-10-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/07\/thank-you-for-another-successful-enterpriseam-egypt-forum-see-you-next-year\/"},"modified":"2025-10-07T00:00:00","modified_gmt":"2025-10-07T00:00:00","slug":"thank-you-for-another-successful-enterpriseam-egypt-forum-see-you-next-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/07\/thank-you-for-another-successful-enterpriseam-egypt-forum-see-you-next-year\/","title":{"rendered":"Thank you for another successful EnterpriseAM Egypt Forum \u2014 see you next year"},"content":{"rendered":"

Good afternoon, ladies and gentlemen.<\/strong> We\u2019re writing to you shortly after closing the curtain on this year\u2019s EnterpriseAM Egypt Forum, where we brought together many senior bankers, finance industry players, corporate leaders, and other members of our business community. <\/p>\n

It was another blockbuster event<\/strong>, with Dr Rania Al Mashat<\/strong>, minister of planning, economic development and international cooperation, and Hassan El Khatib<\/strong>, the nation\u2019s minister of investment and foreign trade each speaking to us in keynote interviews. We also talked to business leaders about the future of work, how AI and tech are shaping the world around us, what resilient businesses are doing today to set themselves up for success tomorrow, and lots more. <\/p>\n

A BIG THANK YOU<\/strong> to all of our speakers for joining us on stage, to the more than 650 senior members of our community in the audience \u2014 and the sponsors and partners who made it all possible. <\/p>\n

Keep an eye out for our comprehensive coverage of the forum in a new special series<\/strong>, coming to your inboxes in the coming weeks. <\/p>\n

<\/p>\n

\n

THE BIG STORY TODAY-<\/p>\n

The World Bank upgraded Egypt\u2019s growth forecast for the current fiscal <\/strong>year to 4.3% y-o-y<\/strong>, marking a modest \u2014 but nonetheless positive \u2014 increase of 0.1 percentage points from its previous forecast in June<\/a>, the international financial organization said in its latest Middle East, North Africa, Afghanistan, and Pakistan (MENAAP) Economic Update report (pdf)<\/a>. <\/p>\n

But the real good news is for the previous fiscal year that ended in June<\/strong>, in which the bank raised its forecast for a whole 0.7 percentage points to 4.5% y-o-y from its previous projection. The bank also raised its growth forecast for the next fiscal year by 0.2 percentage points from previous expectations to a 4.8% y-o-y clip.<\/p>\n

The region as a whole has also shown some signs of recovery<\/strong>, with the World Bank\u2019s latest forecasts for MENAAP now expecting GDP to average 2.8% in 2025, marking a marginal increase of 0.1 percentage points from its June forecast. The upward revision is backed by \u201cstronger oil activity, resilient non-oil sectors, and a rebound in agriculture and tourism,\u201d the lender said. Regional GDP growth is also expected to accelerate further to 3.3% next year and 3.8% in 2027.<\/p>\n

\n

THE BIG STORY ABROAD-<\/p>\n

Almost<\/strong> all digital front pages are marking the two-year anniversary of <\/strong>Hamas\u2019 attack on Israel and the subsequent war that ravaged Gaza<\/strong> and left at least tens of thousands of civilians dead. \u201cThe biggest massacre of Jews since the Holocaust,\u201d Axios<\/a> writes \u2014 while opting for more subdued wording when discussing the ensuing catastrophe in Gaza, noting the war has caused the worst \u201ckilling\u201d and displacement of Palestinians since the Nakba.<\/p>\n

\u201cTime does not diminish the evil we saw that day,\u201d UK Prime Minister Keir Starmer <\/strong>said earlier today<\/strong>, referring to Israeli deaths, in an attempt to discourage \u201cun-British\u201d pro-Palestinian protests. Marches and commemorations are being reported across Israel as the occupying state continues its offensive on Gaza. Concurrently, negotiations have begun in Sharm El Sheikh, Egypt, to discuss US President Donald Trump\u2019s 20-point ceasefire plan.<\/p>\n

\u201cIsrael's offensive in Gaza [...] has killed tens of thousands of Palestinians and laid <\/strong>waste to swathes of territory,\u201d<\/strong> Reuters<\/a> leads, further noting the extent of the damage caused by the war. Since 7 October 2023, over 67k Palestinians have been killed \u2014 a number understated by as much as 25k deaths according to a study (pdf)<\/a> published in the Lancet and reported by the New York Times<\/a> and the Guardian<\/a> in January. In comparison, some 1.6k Israelis and foreign nationals were killed over the two-year period, including those killed in the 7 October attacks, according to numbers provided by Israel.<\/p>\n

Since the events of 7 October, global support for Israel has plummeted<\/strong>, with support for Palestinian rights and statehood seeing considerable increase. Earlier in September, a UN commission of inquiry found that Israel had committed genocide in Gaza.<\/p>\n

As global media shines the spotlight on Israel\u2019s losses and testimonies from <\/strong>hostages\u2019 families<\/strong>, Swedish activist Greta Thunberg was received in Athens with applause from a slew of pro-Palestinian supporters, following detainment in Israel after the Sumud Flotilla was intercepted, Reuters<\/a> reports. \"What we aimed to do with the Global Sumud Flotilla was to step up when our governments failed to do their [...] obligation,\" Thunberg addressed the crowd.<\/p>\n

The Swedish activist \u2014 alongside a number of others on the flotilla \u2014 cited inhumane <\/strong>conditions during detainment<\/strong>, including sleep deprivation, lack of food and water, and physical abuse \u2014 conditions the Guardian<\/a> simply described as \u201charsh treatment.\u201d (Axios<\/a> | BBC<\/a> | CNN<\/a> | Reuters<\/a> | Guardian<\/a>)<\/p>\n

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\u2600\ufe0f <\/strong>TOMORROW\u2019S WEATHER- <\/strong>Temperatures are slightly on the rise once more, with the capital set to experience a high of 32\u00b0C before cooling down to 19\u00b0C, according to our favorite weather app. <\/p>\n","protected":false},"excerpt":{"rendered":"

Good afternoon, ladies and gentlemen. We\u2019re writing to you shortly after closing the curtain on this year\u2019s EnterpriseAM Egypt Forum, where we brought together many senior bankers, finance industry players, corporate leaders, and other members of our business community. 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Youth and Sports Minister Ashraf Sobhy and EGX boss Ramy\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/market-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":583409,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/27\/this-evening-shoukry-in-damascus-elon-musk-fires-more-twitter-staff\/","url_meta":{"origin":673221,"position":1},"title":"THIS EVENING: Shoukry in Damascus + Elon Musk fires more Twitter staff","author":"enterpriseam admin","date":"27 February 2023","format":false,"excerpt":"Good afternoon ladies and gentlemen. It\u2019s a relatively quiet Monday so far, but we\u2019d hazard a guess that probably won\u2019t last for too long.THE BIG STORY TODAYForeign Minister Sameh Shoukry visited both Syria and Turkey today to pledge more Egyptian support in the aftermath of two deadly earthquakes earlier this\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2023\/02\/Sameh-Shoukry-Syria-Visit-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553160,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/24\/this-evening-expect-a-strategy-on-industrial-development-in-three-months-says-madbouly-sunak-closes-in-on-pm-job-giving-markets-a-breather\/","url_meta":{"origin":673221,"position":2},"title":"THIS EVENING: Expect a strategy on industrial development in three months, says Madbouly + Sunak closes in on PM job, giving markets a breather","author":"enterpriseam admin","date":"24 October 2022","format":false,"excerpt":"Good afternoon, wonderful people. We have another day here in Omm El Donia dominated almost entirely by the Madbouly government\u2019s economic conference, which is currently in its second and penultimate day.THE BIG STORY TODAY Industrial development strategy to launch within three months? The Madbouly government wants to work with the\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553135,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/this-evening-madbouly-promises-an-end-to-l-cs-xi-locks-down-his-third-term\/","url_meta":{"origin":673221,"position":3},"title":"THIS EVENING: Madbouly promises an end to L\/Cs + Xi locks down his third term","author":"enterpriseam admin","date":"23 October 2022","format":false,"excerpt":"Good afternoon, ladies and gentlemen, and welcome to a new week. Today\u2019s news cycle is dominated pretty much entirely by the Madbouly government\u2019s economic conference.THE BIG STORY TODAY Are we going to say goodbye to L\/Cs soon? The government is currently working on reversing the requirement for importers to issue\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543137,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/11\/this-evening-more-securitization-and-sukuk-come-our-way-were-waiting-on-updated-world-bank-projections-its-day-two-of-the-world-youth-forum\/","url_meta":{"origin":673221,"position":4},"title":"THIS EVENING: More securitization and sukuk come our way + We\u2019re waiting on updated World Bank projections + It\u2019s day two of the World Youth Forum","author":"enterpriseam admin","date":"11 January 2022","format":false,"excerpt":"It\u2019s the debt and macro hump day, ladies and gentlemen, with local headlines dominated by securitization news.THE BIG STORIES TODAY- The debt market is heating up with new securitization transactions: Madinet Nasr Housing and Development (MNHD) has closed its first EGP 300 mn issuance as part of a three-year EGP\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":580857,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/23\/this-evening-new-licensing-requirements-for-social-media-platforms-in-egypt-were-halfway-through-the-work-week\/","url_meta":{"origin":673221,"position":5},"title":"THIS EVENING: New licensing requirements for social media platforms in Egypt? + We\u2019re halfway through the work week","author":"enterpriseam admin","date":"23 January 2023","format":false,"excerpt":"Good afternoon, ladies and gents. We\u2019ve made it halfway through this shortened work week, with Thursday confirmed to be a day off for all of us. The EGX will be closed this Thursday, 26 January, in observance of Police Day \/ the 25 January revolution anniversary, according to a statement\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/723.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/673221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=673221"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/673221\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/673219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/673222"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=673221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=673221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=673221"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=673221"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=673221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}