29/03/1997
On the issue of “market economy requirements and shift processes”, Dr. Ibrahim Mukhtar presented a working paper regarding capital market, investment financing and future ambitions. Dr. Mohsen al Khudheiri also presented a working paper on the Egyptian economy discussing mechanisms of ambition and establishing a balanced future. (Available in Arabic _ German in PDF)
Dr. Mukhtar’s paper on “capital market, investment financing and future ambitions” recommended the necessity of going on with the pro-investor incentives and facilitations policy based on objective bases connected to the type of business, the zone needed to be developed, risk factors, and raising the efficiency of infrastructure and different government bodies dealing with investors. It also recommended the necessity of developing Egypt’s stock market by introducing miscellaneous types of investment funds that drive capital from within and outside Egypt to invigorate direct and indirect investment, in addition to providing proper quotas of shares in projects for anchor investors. Dr. al Khudheiri’s paper on “the Egyptian economy discussing mechanisms of ambition and establishing a balanced future” said establishing satellite towns is an economic commitment for genuine economic development on the part of the banking elite, full of patriotism and live nationalistic conscience. The paper indicated that building satellite towns helps to lower the risks, increase profitability and confirms the success of banks. Investment opportunities generated by satellite towns cover a bundle of the most important and successful domains that help achieve integral liquidity suitable for operational needs, effective employment that fits the bank’s finance potential, investment depth by providing connected investment lines with excellent returns for the bank and comprehensive expansion large enough for variables and changes and able to address and manage the risks.