Under the patronage of Egypt’s Prime Minister, the 7th Edition of Amwal Al Ghad Awards Ceremony will kick off next February, 22nd. Amwal Al Ghad magazine, a UMS’s affiliate, organizes the largest annual award ceremony to honor the most influential personalities and companies in the national economy and public life. The ceremony also commemorates various socioeconomic success stories in extensive participation of government-level officials, economic leaders, policymakers, C-suite officials, CEOs, academic experts, international organizations, as well as regional and international partners.

Under the theme of “The New Republic – A Story of Success and Determination”, this year’s summit will hail the achievements of Egypt’s economy as success in overcoming the challenges while heading to the “New Republic”.  “The “New Republic” represents a new country-level management approach to turn the Egyptian economy into a competitive, innovative, knowledge-based economy.  Further, this approach contributes to sustainable, adaptable, and proactive public-private partnerships to gain the stakeholders’ trust and boost their positive impact on all the developmental indicators to steer them forward and grasp the focus on future challenges.

The categories of award winners this year include the best 100 EGX-listed companies, the 50 most influential women, successful entrepreneurs, outstanding people with disabilities (PWDs), the best in CSR and sustainability, and multi- sector top achieves. Amwal Al Ghad magazine keenly carries out objective and transparent assessments in cooperation with major research and financial institutions for selecting the list of nominees.

The list of award winners to be announced during this new edition reflects on Egypt’s efforts to boost successful economic growth despite the repercussions of the Covid-19 pandemic. Further, the economic reforms significantly contribute to the boost the recovery of the Egyptian economy from the global repercussions of the pandemic. Hence, the ceremony illustrates the extent of the success and enforcement of the economic reform measures in harnessing the capabilities of the Egyptian economic recovery amid the pandemic to achieve a sustainable development strategy. The ceremony also showcases the robust resilience of the Egyptian economy supported by the competitiveness and success of the leading companies and personalities. As shown by several reports and international indicators, Egypt’s growth rate reached 9.6% in Q1 of the current FY, recording the highest quarterly growth rate over the past two decades.

The current edition of the ceremony will host various ministers, CEOs of major financial institutions, and investors, in addition to expanded participation of businesswomen, to shed light on the successes witnessed by the national economy on both the governmental and private sector levels, as well as conduct a comprehensive community dialogue on stimulating investments in vital sectors and advancing the development process and trade. This is in addition to promoting the integration of the PPPS to establish a modern economy compatible with global changes.

The lists of honorees which include the best companies and personalities have been prepared in cooperation with several investment banks and economic analysis centers according to criteria related to business performance, financial analysis, innovation, sustainability, and social responsibility, as the organizing entities aim to raise international rankings of the national companies, enhance their capabilities in dealing with international institutions and organizations,  as the global economy became more reliant on qualitative classification, as a mo reference in evaluating economies.

The list of female honorees has been developed as an outgrowth of the Amwal Al Ghad magazine’s ranking, which has been positioned as a major certified ranking of the 50 most influential women in Egypt. This ranking process is carried out annually under the auspices of the Egyptian government, according to a set of criteria that measure the achievement of influential women during the past year. Those successful women have shown resilience and strength in overcoming unprecedented challenges, showing the women’s capabilities to hold vital positions, perform ministerial duties in the country, and run many major institutions.

For her part, Dina Abdel-Fattah, Editor-in-Chief of Amwal Al-Ghad magazine and President of Amwal Al Ghad Awards Ceremony, said that this year’s edition of the summit would celebrate the achievements of the Egyptian economy and the major transformations it has witnessed during the past few years, which crystalized the concept of the “new republic” under the leadership of H. E. President Abdel Fattah El-Sisi. The New republic aims primarily to improve operational and production indicators, and its philosophy is based on the transformations caused by giant national projects, on top of which is the new administrative capital project; as the progress will not only be achieved on the level of construction, but it will also positively impact the positive change all over the state in order to create a real identity for the Egyptian economy.

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She pointed out that the constant development must be accompanied by a review of the success experience, its achievers, the lessons learned, and the related objectives. Accordingly, this will contribute to raising collective awareness, in line with the achievement and the great transformation that affected the identity of the Egyptian state that has been pursuing excellence and competition either on the regional and global levels, in light of a great historical legacy and the promising contemporary plans, crystallizing futuristic perspectives to resume our leading experience on the global level.

Abdel-Fattah pointed out that the lists of nominees prepared by Amwal Al-Ghad magazine include the most powerful companies, economic figures, and influential women in Egypt for the year 2021, as the selection process is based on scientific criteria, considering accuracy and transparency. Further, the evaluation and classification processes represent a pillar in modern management.

She noted that this annual ranking ceremony celebrates the 50 most influential women in business to emphasize the excellence of Egyptian women during recent years at all leadership levels, creating a positive and sustainable impact with regard to women’s socio-economic empowerment, which has been prioritized on Egypt’s national agendas amid the major challenges faced at all levels, representing an opportunity to reidentify the Egyptian identity based on sound standards and criteria that eliminate all forms of discrimination.

The previous editions witnessed the attendance of high-level groups of ministers and officials, including Amb. Nabila Makram, Minister of State for Immigration and Egyptians Abroad Affairs, Dr. Hala Al-Saeed, Minister of Planning and Economic Development, Dr. Rania Al-Mashat, Minister of International Cooperation, Dr. Yasmine Fouad, Minister of Environment, Dr. Nivine El-Kabbag, Minister of Social Solidarity, Nevine Gamea, Minister of Trade and Industry, Hisham Tawfiq, Minister of Public Business Sector, Dr. Mohamed Omran, Executive Chairman of the Financial Regulatory Authority, and Dr. Maya Morsy, President of the National Council for Women.

In its new edition, the event applies all precautionary measures and preventive controls approved by the government within the state’s strategy to mitigate the Covid-19 pandemic, along with all health measures and recommendations approved by the Ministry of Health and Population, which include automatic sterilization gates, thermal checkpoints, and cameras.  face masks and disinfectants are attendance requirements. This is in addition to a commitment to periodic sterilization of various sides of the hall, in addition to adhering to the prescribed number and ensuring a safe distance between attendees.

Amwal Al Ghad Awards Ceremony is one of the major events that is annually held for recognizing multisector socio-economic achievement. Since its inception in 2015, the annual ceremony has been held under the patronage of Egypt’s PM, witnessing the attendance of Ministers, CEOs, and C-suite officials at companies operating in Egypt.

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