Privatization

1- Current View on Egyptian Economy
-This part shows how Egypt has successfully instituted an Economic Reform Program that has transformed Egypt into a vital emerging market. Even after financial cruises that hit many emerging economies ended with September 11th events, Egypt succeeded to embrace the necessary policy measures to put the economy back on track. This part also explains the effect of such economic policies on the Financial Markets Industry. It includes:
-Background about the Egyptian Economic Climate during the last 20 years.
-Economic Reform Program within:
a. The Macro Economy.
b. Regulatory Framework for the Financial System.
c. Trade Reforms.
d. Reducing the Role of the Government in the Production of Goods and Services.
e. Egypt’s Sovereign Credit Rating.

-The Effect of the Economic Reform on the Financial Markets Industry.
-Privatization in Egyptian Banking System
What is Privatization?
Advantages of Public Banks Privatization in Egypt.

2- The Egyptian Experience in Transferring the Public Sector Companies into Private Companies
In 1998, Egyptian President Hosni Mubarak and U.S. Vice President Albert Gore signed a Partnership for Competitiveness Agreement between the U.S. and Egypt. The primary focus of the Agreement is “…increased privatization of the Egyptian economy, which will lead to increased competitiveness.” As noted in the Agreement’s Results Package, “Improvements in the efficiency and competitiveness of domestic enterprises will generate the trade and investment that the economy needs to realize sustainable growth in the long term.”

a. The Public Sector in Egypt and its working condition.
b. The main steps the Egyptian government stored towards the execution of the Privatization   program.
c. Privatization of Public Utilities.
d. Privatization and Labor Rights.
e. The use of Sales proceeds.
f. Challenges facing the Egyptian Privatization Program.
g. Case Studies.

3- Privatization and the Development of the Capital Market
This part of the training will show the impact of privatization on the capital markets     development.And it will focus on Egypt Model:
a. Definitions of Capital Markets.
b. Importance of Capital Markets.
c. Egypt Capital Markets.
d. Privatization: promoting capital markets by increasing the supply and demand for share.
e. Impact of Privatization on Capital Markets Development.

4- Privatization and the Development of the Capital Market
This part of the training will demonstrate different suggested economic indicators of economic downturn worldwide. It will highlight its effect on the Middle East.
And it will focus on its effect on Egypt economy. As there are direct & indirect effects to the Global economic crisis. The direct negative effects include Suze Canal revenues, tourism revenues, & oil revenues. And the indirect effects include the rate of the national economy growth and the performance of its different sectors.
It will focus on the role of the Ministry of  Trade & Industry in facing the crisis, and its policies to control its effects.

a. Inflation & Recession.
b. The Banking System.
c. Real State Finance.
d. Balance of Payments & Exchange Rate.
e. General State Budget.
f. Stock Market.
g. Income Distribution.
h. On the Monetary Policy.

5- Privatization of Banking System in Egypt
This part provides an overview of the structure and evolution of the banking system in Egypt, in the context of the series of reform measures undertaken by the Egyptian authorities over the past decades. And it will assess the performance of the state-owned banks versus private banks. It includes:
a. Structure of Banking System in Egypt.
b. Major socio-political events concerned banking privatization in Egypt.
c. The role of the Central Bank of Egypt.
d. Current status.

6- The Role of State Institutions in the Privatization Process (Egypt Model):
a. The role of the Ministry of Trade & Industry.
b. The role of the Ministry of Investment.
c. The role of the Ministry of Finance.

7- Privatization and Investment in Egypt
This part of the training will examine the effect privatization has had on the pattern of share ownership by individuals and institutional investors.