Cairo Angels’ first “community talks” event, headlined “Road to Series A,” will take place tomorrow from 6:00-8:00pm CLT. The talk will be led by Ziad Mokhtar, a partner at Ideavelopers, the venture capital arm of EFG Hermes, which manages a USD 50 mn fund focused on tech startups. Only 30 spots are available and will will go on a first-come, first-served basis. Email firstname.lastname@example.org to reserve a seat.
EBRD boss Sir Suma Chakrabarti is due in Cairo on tomorrow (Tuesday, 31 May) for high-level meetings. He will also speak on “Inclusive Growth: Challenges and Opportunities” at an event hosted by the American Chamber of Commerce in Egypt on 1 Jun 2016 from 9-10:30am. Across the Med, the first annual EBRD Research Symposium on the Economics of the Middle East and North Africa is set to take place 2-3 June (Thursday-Friday) at EBRD headquarters in London.
We’re also on the lookout for USD 2 bn that the UAE is due to be deposit at the Central Bank of Egypt by the end of the month, according to a media report late last week.
Shares of Cleopatra Hospital Company are due to start trading on Thursday, 2 June, opening at EGP 9.00, per the price announcement release last week. Check out the company’s offering materials here.
OPEC meets on Thursday, 2 June. Only one of 27 analysts polled by Bloomberg expects a deal to limit oil output when OPEC ministers get together at the end of the week.
Also on Thursday: SODIC will hold its 1Q2016 results call at 16:00 CLT (15:00 London, 10:00 New York), hosted by Deutsche Bank analyst Athmane Benzerroug. Call participants will include Magued Sherif (managing director), Omar Elhamawy (chief financial officer), Mahmoud Badran (finance director), and Ihab Abo Taleb (head of financial planning and investments). Dial-in information is on the company’s investor relations website.
“Capital in the Twenty-First Century” author Thomas Piketty will be in Cairo on Thursday as a guest of the Institut Français d’Egypte. Piketty will speak at 11:00am CLT at the Faculty of Economics and Political Science at Cairo university and at 6:00pm CLT at the American University in Cairo’s downtown Ewart Hall. The latter will see Piketty in conversation with Ziad Bahaa Eldin post-lecture. Don’t know Piketty or his 700-page doorstop? The Guardian asked four economists why “Capital” became an international best-seller.
GB Auto investor relations officer Andre Valavanis will compete for the World Boxing Federation’s African welterweight title on a fight card scheduled for Saturday, 4 June 2016. Event details are here.