Wait, there’s life outside Cairo? Marakez’s Mall of Tanta is set to open its doors in 3Q2019, according to a company press release (pdf). The mall will be home to a branch of supermarket operator Spinneys branch, among other retail outlets. Marakez is a subsidiary of Fawaz AlHokair Group. The Tanta facility will be the first venture beyond the capital for the Saudi-based owner of Cairo’s Mall of Arabia.
More from Enterprise
The digital EGP won’t look different at checkout — but it will work nothing like InstaPay
Every instant payment today depends on your bank or telco.…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Egypt is fixing how deals get executed, but what pushes investors offshore runs deeper than the reforms on the table
Investment Ministry and a Senate committee are both moving to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…