Atlantis, The Palm, Dubai, UAE

Welcome to the 14th Annual One on One Conference

Strong economic growth, favorable demographics, a growing consumer-driven middle class and advancing reform agendas have seen MENA and emerging frontier markets gain considerable traction among investors in 2017, with year-to-date fund inflows at record highs in multiple geographies.

Will the supportive macro backdrop for both developed and developing economies hold in place for 2018—and bring with it new opportunities on the emerging frontier?

After OPEC members and other oil exporters agreed to production cuts, will the upward trajectory of oil prices prompt GCC exporters to continue narrowing their fiscal deficits? What do rising oil prices mean for net oil importers looking to rein in their subsidy bills? What do the prospects of at least three rate hikes by the US Federal Reserve in 2018 hold for emerging markets and the more risk-averse investor in the context of a USD 1 trillion EM debt redemption overhang?

These questions will play out on the ground across emerging markets next year. In the Arab world: Businesses and investors in Egypt welcomed its delivery on an ambitious economic reform program, making it a favorite of portfolio investors and the carry trade. Will 2018 be the year when the strategic FDI follows?

Further afield, in Pakistan valuations look compelling as we enter the first post-MSCI upgrade year, however, will there be enough clarity on FX policy and the political scene in 2018 for investors to make a move?

These shifting trajectories make the 14th Annual One on One Conference the ideal venue for investors, high-level executives and industry professionals seeking to align their strategies with new opportunities arising from an everchanging region.

2017 Highlights



260

Financial Institutions

147

Top-listed companies

19

Countries

14

Sectors represented

Every Year at the Dubai Conference



2010
2013
2014
2015
2016
2017
Regional Economies, Global Networks

The economic outlook for the MENA region was forecasted to strengthen in 2010 with the improved outlook for the global economy. Oil prices were expected to remain at a very conformable level for the oil-exporting economies while the more diversified economies were expected to benefit from the pickup in remittances, tourism and wider exports, which were also key driver of domestic demand. We forecasted that the majority of the MENA countries would see a strengthening in their domestic demand outlooks. In light of this, the 8th Annual EFG Hermes One-on-One Conference held in Sharm El-Sheikh was a premiere regional event at which leading global investors interacted with top executives and high-ranking government officials from the Arab world in a relaxed-yet-business-like environment to forge new relationships and deepen long-standing ties.

Your Gateway to MENA

The outlook for 2013 varied greatly between the oil-exporters and the oil-importers. For the GCC countries, expansionary government spending resulted in a multi-faceted domestic demand story while oil-importers faced a number of challenges, notably balancing social factors and economic growth. Fiscal reforms were expected to result in compressed margins for both corporates and individuals resulting in weaker growth. The 9th Annual EFG Hermes One on One Conference, which was held in Luxor, provided key insights for those seeking to invest in MENA’s rapid growth, with high-ranking government officials from across the MEA in attendance to cast light on the latest developments and investment opportunities in the region.

Celebrating a Decade of Success

The 10th annual EFG Hermes One on One Conference offered a perfect opportunity to explore a wide range of new ideas and strategies in light of the region’s emerging realities, with all the diverse challenges and exciting opportunities they presented. With Dubai ramping up spending in the wake of winning its bid to host the Dubai Expo 2020, UAE and Qatar’s upgrade to emerging market status, Morocco’s downgrade to frontier market status and Egypt’s apparent enactment of its political roadmap, 2014 looked set to be an exciting year for investors and companies alike and the conference provided an ideal forum to gain cutting edge market intelligence and create crucial business connections with senior business leaders.

A Region of Opportunities

The 2015 conference was met with one of the most compelling macroeconomic backdrops the MENA region had witnessed in years. With a strong pipeline of IPOs in Egypt and the UAE, an uptick in M&A transactions and Saudi’s decision to open its market to foreign investors, 2016 was an interesting year full of opportunities for investors and companies alike. Our conference provided the perfect venue for key global equity investors to network with high-level executives from leading MENA companies, gain on-the-ground market insights and cultivate regional and international business connections.

MENA: Opportunities Beyond Oil

The 2016 conference shaped up to be a particularly crucial meeting as we witnessed major global changes that had significant repercussions on the investment climate in the region. As the year 2015 drew to a close, we saw the continued rollout of new political and economic realities across the region, with new challenges bringing new opportunities. In Egypt, a new Central Bank of Egypt governor had just taken the helm and natural gas flows to industry improved substantially. Meanwhile, the outlook for the UAE and Kuwait was broadly positive, with the UAE’s diverse economy and Kuwait’s financial reserves helping both economies withstand the impact of lower oil prices. The EFG Hermes’ One on One Conference provided companies and investors with the perfect venue to discuss these new regional realities and explore compelling opportunities that went beyond oil and tapped into the core fundamentals of regional economies.

The Pulse of MENA & Frontier Markets

The 2017 conference came in a challenging year for emerging and frontier markets. With Brexit and the election of Donald Trump resulting in the rising risk of protectionism to EM growth, as well as the rising dollar and US bond yields, EM have relied on their own internal factors, such as economic reform and attractive demographic dynamics, to retain their growth trajectories and attract FDI. Amid conflicting signals about the global outlook and investment prospects, it was a key setting for equity investors to meet face-to-face with regional high-level executives and industry professionals in a custom backdrop designed for open dialogue and the exploration of compelling investment opportunities.

Agenda



07:00 – 9:00
Atlantis Ballroom Foyer, West Wing, Atlantis
Registration*, Standing Breakfast and Networking
09:00 – 12:10
Atlantis Ballroom, Atlantis, the Palm
Main Session
9:00 – 9:05
Atlantis Ballroom, Atlantis, the Palm
Welcome Note by Karim Awad, Group CEO of EFG Hermes Holding
09:05 – 09:30
Atlantis Ballroom, Atlantis, the Palm
Panel discussion titled Promoting investments and Managing public enterprises with H.E. the Minister of Investment and International Cooperation of Egypt, H.E. the Minister of Public Enterprises of Egypt
09:30 – 09:40
Atlantis Ballroom, Atlantis, the Palm
Q&A Session
09:40 – 10:40
Atlantis Ballroom, Atlantis, the Palm
Panel discussion with the chairmen and CEOs of the Stock Markets and Capital Market Authorities focusing on their vision and highlighting opportunities across the Arab World
10:40 – 10:50
Atlantis Ballroom, Atlantis, the Palm
Q&A Session
10:50 – 11:35
Atlantis Ballroom, Atlantis, the Palm
Panel discussion titled "Disruption"
11:35 – 11:45
Atlantis Ballroom, Atlantis, the Palm
Q&A Session
11:45 – 12:10
Atlantis Ballroom, Atlantis, the Palm
The Pulse 2018 – the EFG Hermes live Survey
12:10 – 13:50
Saffron Restaurant, Atlantis
Lunch
14:00 – 14:50
eXtra, Spice C Ballroom, Lobby Level
Group Meeting
14:00 – 14:50
Boursa Kuwait, 8th Floor, Room No. 8350, West Wing, Atlantis
Group Meeting
15:00 – 15:50
Tawuniya, Spice C Ballroom, Lobby Level
Group Meeting
16:00 – 16:50
CARE, Spice C Ballroom, Lobby Level
Group Meeting
17:00 – 17:50
Saudi Company for Hardware, Spice C Ballroom, Lobby Level
Group Meeting
18:00 – 18:50
Agthia, Spice C Ballroom, Lobby Level
Group Meeting
20:30 – 23:30
N'Dulge, Atlantis
Gala Dinner

 

* After the morning registration period, registration and scheduling will continue from 11:00 - 18:30 at the West Wing, Atlantis on the 8th floor, room no. 8320.

08:00 – 19:00
8th Floor, Room No. 8320, West Wing, Atlantis
Registration & Scheduling
08:00 – 08:50
Savola Group, Spice C Ballroom, Lobby Level
Group Meeting
09:00 – 09:50
Juhayna, Spice C Ballroom, Lobby Level
Group Meeting
10:00 – 10:50
Bupa, Spice C Ballroom, Lobby Level
Group Meeting
11:00 – 11:50
Emaar, Spice C Ballroom, Lobby Level
Group Meeting
12:00 – 13:20
Saffron Restaurant, Atlantis, the Palm
Lunch
14:30 – 15:20
Advanced Petrochemical, Spice C Ballroom, Lobby Level
Group Meeting
15:30 – 16:20
Al Rajhi Bank, Spice C Ballroom, Lobby Level
Group Meeting
16:30 – 17:20
Budget Saudi, Spice C Ballroom, Lobby Level
Group Meeting
17:30 – 18:20
Human Soft, Spice C Ballroom, Lobby Level
Group Meeting
08:00 – 19:00
8th Floor, Room No. 8320, West Wing, Atlantis
Registration & Scheduling
11:30 – 11:50
Fawaz Al Hokair, Spice C Ballroom, Lobby Level
Group Meeting
12:00 – 13:20
Saffron Restaurant, Atlantis, the Palm
Lunch
13:30 – 18:20
West Wing, Atlantis, the Palm Hotel
One on One Meetings

* Agenda is subject to change