EFG Hermes Holding hosts 16th annual conference in Dubai

Egyptian financial services company EFG Hermes Holding started its 16^th annual One-on-One conference in Dubai on September 19.

Held under the patronage of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE, the conference will host a number of meetings with key executives and investors until September 22.

Around 205 companies from 33 countries are participating in this conference which is themed ‘Weathering Inflation – Finding Focus in Frontier Emerging Markets (FEM)’.

The event aims to unlock prospects for global institutional investors, and active fund managers; gain insights on key trends influencing FEMs and explore investment opportunities through one-on-one meetings with c-suite executives.

“This year’s conference comes at a riveting time for FEMs as the global economy stands in the face of ongoing challenges. While the world has certainly managed to weather the storm of covid-19, supply chain disruptions, paired with rising inflationary pressures, continue to dampen economic recovery. In light of this, our role has become more vital to act as a conduit for investments. We feel extremely committed to ensuring investors find localised growth stories across FEM,” said Karim Awad, EFG Hermes Holding’s group CEO.

This year, presenting companies come from a broad range of industries including consumer-driven sectors, energy, banking, finance, healthcare, industrials, information communications technology, telecommunications, utilities, real estate and many more.

“Our performance over the last few years has been remarkable, as we continue to witness FEM-wide expansions. EFG Hermes has managed to sustain its leading position in the markets in which it operates, and this enables us to help steer the region forward as we once again host what has grown to be the world’s largest annual forum dedicated to investing in FEMs. We continue to unlock unmatched prospects for institutional investors from all over the world, connecting them with business pioneers from some of the most attractive and promising markets in the region,” added Mohamed Ebeid, Co-CEO of the Investment Bank at EFG Hermes Holding.

Over the last two years, the GCC region witnessed a solid recovery in global economic activity following the onset of the pandemic. ECM activity in emerging markets also began booming significantly, as the region witnessed substantial increase in IPOs, particularly in the UAE and Saudi Arabia.

The main session of the conference started with a panel interview with Helal Saeed Almarri, Director General of Dubai’s Department of Economy and Tourism, member of the Executive Council of Dubai, member of the Board of Directors of the Investment Corporation of Dubai, Director General of the Dubai World Trade Centre Authority, Chairman of Dubai Financial Market, and board member at the Dubai Chamber of Commerce and Industry conducted by Simon Kitchen, MD, Head of Strategy at EFG Hermes Research.

During the conference, attendees will also get the chance to vote in ‘The Consensus for 2023’, the largest (and only live) research poll of FEM market investors and executives that provides key insights into trends and expectations for global markets in the near and medium term.