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Wednesday, 1 June 2016

What we’re tracking this week: Cleopatra shares start trading, Piketty in Cairo, SODIC results call, OPEC meets.

Egypt is set to receive its first Mistral-class helicopter carrier from France on Thursday, according to Ahram Online. Defense Minister Sedky Sobhi and his French counterpart will attend the handover ceremony in Tolouse. Egypt signed an agreement last fall to acquire to Mistrals originally commissioned by Russia; expect the ship to be named after Gamal Abdel Nasser.

Shares of Cleopatra Hospital Company are due to start trading, opening at EGP 9.00, per the price announcement release last week.

Tomorrow is going to be a little bit on the busy side ahead of the start of Ramadan:

On Saturday: 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.

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