Beltone Financial’s MENA FIRST Day 18th – 19th May 2009

MENA – Fundamentally Sound

Continuing growth and the dynamic private sector across the Middle East and North Africa (MENA) has compelled investors to look increasingly at the region’s opportunities. Regional banks are sound and the conservative borrowing and lending culture has positioned MENA ready to take advantage of a global economic rebound.

Positive growth is being forecast in the region for 2009. Confidence is returning to the region’s capital markets. The private sector continues to gather momentum and stimulus packages from the region’s governments are in place to cushion the worst effects of the global slowdown. A large contingent of government and corporate leaders from Saudi Arabia, the Gulf States, Egypt and North Africa will be presenting key facts from their economies and companies during two days of events in New York. Representatives are being invited from more than 12 countries to demonstrate why the MENA region should be a key element in global portfolios.

The programme of events will provide opportunities for professional investors in the United States to meet these key figures in the region’s economic renaissance and to schedule one-on-one meetings with the managers of some of the region’s major companies, which will be held at the Four Seasons Hotel, in midtown Manhattan on 19th May. In addition, the region’s corporate leaders have been invited to ring the New York Stock Exchange Closing Bell on 18th May.

Sound banks

Thanks to the reforms introduced between 2004 until 2008 we have no problem with the banking system, which is sound and effective.

Dr. Mahmoud Mohieldin, Egypt’s Minister of Investment

MENA ‘best investment opportunity’

The global environment has changed but the opportunities have only increased. The MENA region is still one of the best investment opportunities in the world today.

“The inherent strengths of the region have come to the fore as the global economy has weakened and the determination to succeed prevails.

Mr. Aladdin Saba, CEO of Beltone Financial.

MENA FACTS*

Population
221 million

GDP
US$ 1,232 billion Real Growth 5.5%

Inflation
6%

Oil
23 Mn Barrels/Day
67 % of OPEC

CA Bal.
US$ 281 billion
10.5% of GDP

Priv. sector credit
Growth 23%

*2007 (Sources: IMF, World Bank, Beltone Financial)