GTR Egypt - Trade and export finance conference

Set to welcome over 500 participants, GTR is thrilled to be returning to #Cairo on October 2 for the leading event in Egyptian trade. #GTREgypt 2024 is the ultimate forum for networking and discussions among corporates and financiers, essential for anyone engaged in Egyptian trade and exports. Featuring over 30 expert speakers, attendees will benefit from key insights into a range of talking points and themes, including: » Reforming Egypt’s export credit system to align with international best practice » Overcoming working capital challenges for #SMEs including foreign exchange risks » Understanding the value of #supplychain #finance as a corporate treasurer » Automating customs processes to improve efficiency and reduce costs » How are regulators and financiers working together to advance digital innovation? » Digitising the entire ecosystem to best help corporates conduct trade Join us and a range of senior business leaders from the local and regional markets, representing all manner of industries and sectors to reflect on the latest developments across the vibrant world of Egyptian trade. Visit gtreview.com/gtregypt or contact [email protected] for more details.

We’re delighted to have welcomed over 400 delegates to #GTREgypt in #Cairo yesterday! A special thanks to our expert panellists, who walked us through an excellent day of debate and discussion on the latest developments across the vibrant world of Egyptian trade and exports. Thank you to all of our supporters and attendees! It was a fantastic return to #Cairo – we couldn't have done it without you! We hope you enjoyed the lively debate and in-depth discussions and found the content and networking beneficial. Which event will we see you at next? » October 11: GTR Turkey 2023 Istanbul » November 8: GTR Africa 2023 London » November 23: GTR Nordics 2023 Stockholm » November 30: GTR US 2023 New York » February 20-21: GTR Mena 2024 Dubai » March 7-8: GTR Africa 2024 Cape Town Visit www.gtreview.com/events to secure your place. For the latest trade, commodities, export and supply chain finance news, contact [email protected] and join hundreds of only and print readers. We look forward to seeing you again soon!

Thank you to Farrukh Siddiqui, Founding Partner at Emerging Capital Management Partners, who provided the opening address and guiding delegates through ten engaging discussions at the annual trade and export finance conference in #Cairo today. Having welcomed hundreds of senior business leaders from the local and regional markets to today’s event, we hope those who attended found the forum ideal for networking and discussing key trends and opportunities amongst corporates and financiers. Don’t miss the opportunity to join another upcoming GTR event, more details available at www.gtreview.com/events. #GTREgypt #TradeFinance #SupplyChainFinance

As #Egypt looks forward beyond the shocks that have impacted on supply chains and highlighted the importance of security across a range of industry sectors, Farrukh Siddiqui (Emerging Capital Management Partners), Bharat Gupta (Olam Global Agri), Doaa Hafez (FCI), Ahmad Bani Hani (Arab African International Bank (AAIB)) and Amr Ezz Eldin (Al Dahra Holding) led a conversion at #GTREgypt in #Cairo today to consider the activities being undertaken to best support Egyptian trade in line with the objectives outlined in #EgyptVision2030 and its accompanying development goals. #TradeFinance #SupplyChainFinance

The recent signings of various agreements and MOUs across a range of sectors, from engineering and #construction to #electricity and #power generation, have been seen as a demonstration of strengthening and enhancing cooperation, highlighting the key role that export credit can play in financing projects and encouraging trade. This special case study-led session at #GTREgypt showcased how such strategic partnerships highlight the need for collaboration when delivering mega-projects across #Africa, transforming local #infrastructure and supporting livelihoods. Industry experts Mohamed Saad (UK Export Finance), Ivan Perea (Standard Chartered Bank) and Merette Elsayed (Hassan Allam Holding) considered how such agreements can help identify future opportunities in the Egyptian markets and chances for international businesses to capitalise on opportunities down the supply chain. #TradeFinance #SupplyChainFinance

Digital transformation and the role of new technologies has been heralded as a means of making #trade and trade finance processes faster and more effective, with a central role to play as #Egypt seeks to assert its position as a regional trade hub, with the embracing of technologies such as #blockchain and #AI integral to new and sustainable business models to significantly improve the customer experience. Amidst a complex economic picture, taking in a range of issues from currency convertibility to inflationary pressures, mounting receivables and a tightening regulatory landscape, high hopes have been pinned on the role such progress can play in future-proofing the Egyptian trade market. This special showcase-style session at #GTREgypt in #Cairo brought trade finance experts together to provide a crucial progress update on this journey, highlighting the role of specific solutions in the market. 💬 Amr El Haddad (Kyriba) 💬 Rehab Tammam (HSBC Bank Egypt) 💬 Raja Debnath (Veefin Solutions) 💬 Motasim Iqbal (Standard Chartered Bank) 💬 Hicham El Khaoudy (First Abu Dhabi Bank (FAB) 💬 Ossama El Naggar (Banque Du Caire)

Egypt's recent challenges have posed many questions for the #banking sector and the wider issue of reinforcing the country's trade financing capabilities, with the #trade and #supplychain finance offerings available in the market placed firmly under the spotlight. Various cooperation agreements have been signed recently to support various sectors, from electricity and power supply to the import of key #commodities such as grains and #petroleum, to financing infrastructure projects and their supply chains. Industry experts led an extensive conversation at #GTREgypt which considered a range of themes, including the role of multilateral trade facilitation programmes in financing #MSMEs, as well as providing support in areas such as technical cooperation, mentoring and skills development. Speakers addressed key bottlenecks such as logistics #infrastructure, the importance of finding the right trading partners (both counterparts and intermediaries), the role of the #CentralBank and the wider regulatory landscape, as well as efforts to ‘green the value chain’ through encouraging companies to invest in innovative technologies that promote the circular economy. 💬 Basma Aly (Mashreq Bank) 💬 Hashem Abd El Hakim (European Bank for Reconstruction & Development (EBRD)) 💬 Dr Nesrine Abdine (Hill International)

Experts at #GTREgypt in #Cairo focused on the importance of facilitating greater ease of doing business for #Egyptian companies in the face of inflationary pressures, regulatory reforms, foreign currency and exchange rate issues amid ongoing efforts to reduce #inflation, reflecting the change of emphasis from corporates towards #supplychain resilience and minimising disruption to the #valuechain. 💬 Udham Singh (Redington Gulf) 💬 Ehab Shawky (Arabian Food Industries DOMTY) 💬 Vicken Sarkissian (Debbane Saikali Group) 💬 Rania Afify (Misr Italia Properties) #TradeFinance #SupplyChainFinance

Challenging economic conditions have seen increased focus on the role of multilateral development #banks in the provision of financial and technical support to support Egyptian #trade. At #GTREgypt trade and export finance conference in #Cairo today, Ayman El Zoghby, Director of Intra-African Trade, Investment & Corporate Finance at Afreximbank, examined how this is playing out in practice. Talking points focused on Egypt’s participation in the African Continental Free Trade Area (#AfCFTA) and subsequent focus on increased intra-African trade flows, with many banks expanding their coverage to support exporters targeting #Sub-Saharan markets. #TradeFinance #SupplyChainFinance

How are Egypt's banks responding to the current climate? At #GTREgypt today in #Cairo, #banking representatives Norhan Ezzat (Arab African International Bank (AAIB)), Tamer Ragheb (Emirates NBD Egypt) and Muhammad Ibrahim (Citi) offered a collective response to the question of Egypt's current economic footing, covering key themes including current market growth, action points to ease regulatory challenges, and what measures corporates and their banks can leverage to tap into new economies and diversify trade flows. With Egypt to join the BRICS group of emerging economies in 2024, speakers also shed light on the short- and medium-term implications likely to be. #TradeFinance #SupplyChainFinance