Dr. Madbouli delivered the opening speech, pinpointing the potential of the Egyptian Construction Sector; which will play a leading role with the close cooperation between private sector and the government to improve our economy. He also added that according to Egypt’s long-term strategic planning until 2052, it is inevitable that new communities must be developed, targeting particularly limited-income households, in order to meet Egypt’s rapid population growth.

Mr. Hassan Hussein, Chairman of the EBA Banking and Finance Committee discussed the necessity of issuing the new real estate law amendments and regulations thereof, taking into account the private sectors’ recommendations and concerns. Such amendments will help to solve the problems of real estate investors as well as stimulate real estate investment in the public and private sectors.

Mr. Amr Allouba attended the event as both ECG Chairman and a member of the EBA Board of Directors. The business dinner also hosted many prestigious consultants, developers and contractors.

The post EGYPTIAN BUSINESSMEN’S ASSOCIATION (EBA) BUSINESS DINNER PARTY – APRIL 2014 appeared first on ECG website.

The event, held under the patronage of President Abdel Fattah El-Sisi, witnessed the attendance of a number of ministers concerned with the future of energy in Egypt. A number of Egyptian and foreign businessmen and consultants also attended the conference.

The aim of the conference was to discuss the role of financial institutions in establishing energy investments, as well as the possibility of benefiting from the experience of other countries in this field, especially the United Arab Emirates, Saudi Arabia, Germany and China. Obstacles faced by private sector firms attempting to invest in energy projects were also discussed as part of the conference proceedings.

A number of ECG representatives had a strong presence at the event, led by Mr. Amr Allouba, ECG Chairman; Mr. Ahmed ElSayed, ECG Vice Chairman; Mr. Mohamed Abdel Moneim, ECG President & CEO; Mr. Omar ElSayed, Vice President & Head of International Operations; and Mr. Moheb Marcos, Vice President & Head of Business Development.

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