Orascom Investment shares rise 5% on Egypt’s EGX

Egyptian Orascom Investment Holding’s shares jumped five percent on Egypt’s stock market, following comments by chairman on possible investment in Venezuela and North Korea.

Egyptian billionaire businessman Naguib Sawiris said on Tuesday he expects opportunities for mining, telecoms, and hotels in North Korea if a summit between its leader Kim Jong Un and U.S. President Donald Trump later this month is successful.

Source: Reuters