Sharm conference acts as launch pad for Egypt's economy

Egypt Economic Development Conference (EEDC), which is currently in session in Sharm el Sheikh, is considered a launch pad for a new chapter in Egypt's economic revival, said CEO of EFG Hermes Karim Awad.
The government showed high proficiency in preparing and organizing the conference, he added in statements Saturday on the sidelines of his participation of the EEDC.
Hermes, which is one of the biggest investment banks in the region, promotes for four mega projects during the conference, he said.
The conference is considered a good opportunity to restore investors' conference in the Egyptian market, he went on to say.
He, meanwhile, said that conference is considered an invitation to directly communicate with the government.
Source: MENA