Cairo – 19 May 2024: Under the esteemed patronage of Prime Minister Dr. Mostafa Madbouly, the highly anticipated ninth session of the ‘Amwal Al Ghad Annual Awards Ceremony’ is set to launch on June 3.
This prestigious event will honor the best 100 companies in the Egyptian market and the most influential 50 women in the business community. It will also serve as a platform to celebrate the remarkable successes in various development sectors, all under extensive government sponsorship and participation.
The summit will be graced by the presence of numerous officials, policymakers, and senior executive leaders of companies and institutions, adding to its grandeur and significance.
The new session of the summit, held under the inspiring slogan ‘Successful Egyptian Models in the Age of Challenges’, is a testament to the resilience and adaptability of many companies and personalities.
Despite the global crises and geopolitical tensions that have directly impacted economies worldwide, including the Egyptian economy, these entities have not only weathered the storm but also garnered local and regional attention with their diverse activities. They have redefined themselves as key players in economic sectors, driving sustainable growth and promoting economic activities.
In its new session, the summit, which will witness the participation of 400 executive leaders of major institutions and organizations, underscores the crucial role of the audience in adopting positive practices. These practices will enhance joint work paths between the government and the private sector to address the current economic conditions.
The summit will shed light on successful experiences, studying the mechanisms that enabled them to achieve this. It aims to instill a culture of excellence among private sector companies and the business community, promoting the outstanding performance of local companies. This will further consolidate their reputation as a leading destination for innovation and trust, and identify the challenges facing these institutions to ensure the sustainability of achieving positive indicators.
The results of the summit, organized by Amwal Al-Ghad Economic Magazine and Excellent Agency for Public Relations and Conferences and Exhibitions, affiliated with the United Media Services Company (UMS), reflect the success and effectiveness of the measures adopted by the political leadership and the government during the past year to enhance the capabilities of the Egyptian economy to overcome the effects of the global economic crisis and move forward towards implementing the sustainable development strategy, especially with the diversity of the sectoral distribution of the list of honorees and achievers of exceptional successes, which includes the financial and banking sector, trade industry, energy, real estate, utilities, raw materials, communications and information technology.
Amwal Al-Ghad magazine conducted the classification of the best companies in the Egyptian market, relying on a deep study of the largest and most influential companies listed on the Egyptian Stock Exchange through basic measures, including the company’s market value, total returns, and the development of revenues and profits, and the list of top 50 most influential women is selected in cooperation with the Top 50 Women Forum and according to criteria based on the volume of activity and achievement provided by the honorees to the state and at the level of public life during the past year full of challenges.
This year’s summit discussions will focus on the future of the Egyptian economy in light of the fundamental changes that have occurred in the global economy, indicating the need to introduce new investment ideas that are compatible with the latest changes and the development of production methods, the fantastic progress in the data economy and artificial intelligence, and the consequent significant change in the structure of employment around the world, as well as challenges for productive economies that rely on traditional methods.
The summit awards identify institutions that are exerting their outstanding efforts in the Egyptian market to search for the best work culture, implement successful operational and financial policies, create high-quality job opportunities, and come up with high-value products that enjoy the confidence of the Egyptian consumer, which reflects the state’s efforts to enhance employment rates and economic growth despite the negative repercussions of the conflict in the Middle East and the Russian-Ukrainian war.
The ” Amwal Al Ghad Annual Awards Ceremony ” is one of the most prominent major events that annually celebrate success in all economic and social fields; its first event was launched in 2015 and is held annually under the patronage of His Excellency the Prime Minister and witnesses the participation of a group of ministers, officials and executive leaders of major institutions operating in Egypt.
The previous summit session, held under the patronage of Dr. Mostafa Madbouly, Prime Minister, witnessed the presence of Eng. Ahmed Samir, Minister of Trade and Industry, Dr. Rania Al-Mashat, Minister of International Cooperation, in addition to Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, Major General Amr Abdel Wahab, Chairman of the Egyptian Rural Development Company, Eng. Khaled Abbas, Chairman of the Board of Directors of the New Administrative Capital Company, Mohamed El-Etreby, Chairman of the Federation of Egyptian Banks, Dr. Ahmed El-Sobky, Chairman of the General Authority for Health Care, and Walid Gamal El-Din, Chairman of the General Authority for the Region Bassel Rahmy, Chairman of the Small and Medium Enterprise Development Authority, a large number of government officials, executive leaders of major banks, institutions and companies operating in the Egyptian market, business managers, innovators, academics, experts, international organizations and regional and international partners.
