UMS Honors the Most Influential Companies & Personalities in the Egyptian Economy Tomorrow

Press Release

News Agencies

Cairo-28 May 2024: The ninth session of the Amwal Al Ghad Annual Awards Ceremony on June 3, organized by Amwal Al Ghad Magazine and the Exlnt Communications of United Media Services Company “UMS.” The ceremony is under the patronage of His Excellency Prime Minister Dr. Mostafa Madbouly.

The event aims to honor the most influential personalities and companies in the Egyptian economy and public life. It will also celebrate successful individuals in various development sectors. The government is actively sponsoring and participating in the summit, and it will be attended by several officials, policymakers, as well as senior corporate and institutional executive leaders.

Ashraf Salman, the Chairman of the United Media Services Company and former Minister of Investment; Amr El-Feki, CEO of the United Media Services; and Dina Abdel Fattah, CEO and Founder of Exlnt Communications and Amwal Al Ghad Magazine, will be honored alongside various ministers and officials for their exceptional contributions and successes in the face of global crises and geopolitical tensions.

These contributions have significantly impacted countries’ economies, including the Egyptian economy, and have garnered attention at both local and regional levels due to their diverse activities. Moreover, they have successfully positioned themselves as key players in economic sectors, driving sustainable growth and promoting diversified economic activities.

The Summit Awards recognize institutions in the Egyptian market that are dedicated to fostering a positive working environment, implementing effective operational and financial policies, creating high-quality jobs, and producing high-value products that inspire consumer confidence. These efforts reflect the government’s commitment to boosting operational efficiency and economic growth despite the challenges posed by conflicts in the Middle East and the Russian-Ukrainian war.

The results also underscore the positive impact of financial reform measures in strengthening Egypt’s economic resilience and highlighting its growing competitiveness, successful companies, and strong leadership.

This year’s list of honorees encompasses several significant categories, including the Institutional Achievement Awards, Top 100 companies in the Egyptian market across vital economic sectors, the 50 most influential women in public life, and the best entrepreneurs and sustainability institutions. Additionally, it includes achievement awards in various sectors. Amwal Al Ghad Magazine, a publication of the UMS, diligently conducts thorough research and classification of the honorees’ lists, demonstrating a commitment to impartiality and transparency. This process adheres to scientific curricula and is conducted in collaboration with prominent research and financial institutions.

The event witnessed widespread participation from a diverse group of ministers and the attendance of approximately 500 leaders who represented the key sectors of Egypt’s financial and business community, including policymakers, leaders of major financial institutions, investors, and various local and regional financial and business entities. The event also saw extensive involvement from women business leaders and local and regional media.

Dr. Ashraf Salman, Chairman of the United Media Services Company, emphasized the importance of celebrating the state’s successes, particularly in the economic sector. He highlighted that recognizing individuals based on specific criteria reflects their contributions to the development of the Egyptian economy, showcasing the strength of the Egyptian State and its ability to achieve significant success despite challenges.

The Summit’s outcome highlighted the State’s effective actions to prepare for global crises and the Government’s quick implementation of policies to support the private sector through legislation and executive practices. It was emphasized that showcasing the successes through tangible results on the ground is essential for encouraging determination to build, develop, and inspire new generations. This demonstrates the State’s capacity to move towards the future and the critical role of new generations in creating it.

Amr El-Feki, CEO of the United Media Services expressed that celebrating the success of different economic sectors, and highlighting the achievements, is a true reflection of the identity of the Egyptian State and its rich historical values. The company’s focus is on supporting crucial sectors and enhancing their contributions to the national economy through constructive and inclusive media practices.

He emphasized that Amwal Al Ghad Annual Awards Ceremony has solidified the innovative economic model that must be followed, showcasing the annual success of influential companies and economic figures across various development areas that the state invests in. This encourages Egyptian society to gravitate towards the most reputable brands and strive to top local and regional rankings.

Dina Abdelfattah Dina Abdel Fattah, CEO and Founder of Exlnt Communications and Amwal Al Ghad Magazine, stated that Amwal Al Ghad Annual Awards Ceremony, the first of its events in 2015, has become a crucial platform that helps companies and individuals explore new opportunities for sustainable success. It also provides access to regional and international markets as the global economy evolves and emphasizes qualitative classification. This makes it an essential reference point in evaluating emerging economies.

The progress achieved at the State level in recent years necessitates an examination of the experiences, notable figures, lessons learned, and goals. This review aims to foster an understanding commensurate with the magnitude of accomplishments and the significant transformation of the Egyptian State’s identity. The State aspires to achieve excellence and compete at regional and global levels despite facing global challenges. The diversity of honorees underscores the future economic potential of the Egyptian State.

The annual honoree lists are collaboratively prepared with various investment banks and economic analysis centers. The selection criteria are based on business performance, financial analysis, innovation, sustainability, and social responsibility.

These criteria aim to enhance the global classification of local companies in alignment with evolving global economic conditions and the reliance on qualitative assessment of emerging economies. Despite turbulent global economic conditions, Egyptian companies have demonstrated significant growth in sectors such as banks, financial services, energy, industry, real estate, communications, information technology, and entrepreneurship over the past year.

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