Chairman of the Egyptian Exchange Mohammad Omran left here on Sunday for Washington to take part in the Institute of International Finance (IIF) Capital Market and Emerging Market Rountable meetings in Washington.
The meeting will discuss conditions of investments and influx of capital to emerging markets. It is held on the margin of the Spring Meetings of the International Monetary Fund and the World Bank.
A large number of ministers, CEOs and presidents of world financial organizations as well as governors of the central banks of France, Brazil, Argentina are taking part in the event.
A statement released by the Egyptian Exchange said Omran will focus on the status of developing countries' markets and challenges facing them. He will also highlight the conditions of the Egyptian economy and its promising chances.
Omran is expected to meet with a number of top officials in mega international finance institutions for example; Auerbach Grayson, a New York-based brokerage firm committed to serving the international needs of major US institutional investors, Ashmore Equities Investment, The Rock Creek Group and SQM Frontier Management.
He will also expound the available investment chances in the Egyptian market, citing the growth in the capital market in since early March up to 16 percent.