What we’re tracking this week
Trading in Misr Fertilizers Production Company (MOPCO) shares begins on the EGX tomorrow. The EGX says this will be the first time in over 10 years a public sector company’s shares are traded on the bourse. Bourse chairman Mohamed Omran MOPCO the listing will “improve MOPCO’s access to financing without burdening the state treasury” and help “improve its corporate governance.” The disclosures sent from the company can be found here. MOPCO will trade using the ticker symbol MFPC.CA.
Apple’s fall launch event will take place tomorrow night at c. 8pm CLT. You can livestream the event here when the time comes. The latest on what to expect of the iPhone 7 is here. The Wall Street Journal is of two minds on this, with one piece published late yesterday discussing “How Apple Can Make the Next iPhone Count,” while a piece from early today noting that “Apple’s New iPhones Arrive, as Glow Fades.”
Oh, and next week is (for the most part) a national holiday. The waqfa falls on Sunday, 11 September and the Eid Al-Adha vacation should run through at least Tuesday, probably Wednesday for most. We expect banks to reopen no later than Thursday. Enterprise is off next week. We’ll be back to our usual publication schedule on Sunday, 18 September.