Emaar-owned online fashion retailer Namshi is looking to enter the Egyptian market, Namshi CEO Hosam Arab told the press yesterday, the National reports. The UAE-based retailer intends to target the youth population, which Arab says is underserved. No further details were provided. The e-commerce market in Egypt is expected to grow by 33% by 2022 to be valued at USD 3 bn, up from USD 0.7 bn in 2017.

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