The Internal Trade Development Authority has agreed with supermarket chain Carrefour to establish a major logistics center in Egypt, as part of Carrefour’s plan to open 100 branches in Egypt, reports Al Masry Al Youm. The authority is looking to set up the complex on an area of 25 feddans in either Obour or Badr cities, chosen for their proximity to major highways.
More from Enterprise
Egypt continues to issue LCs as usual
LCs continue to be processed — albeit after closer inspection…
EGX kicks off first day of futures trading on the EGX
The rollout includes 3- and 6-month future contracts tracking the…
Beltone to launch Fadda, Egypt’s first-ever silver investment fund
Good afternoon, friends, and (almost) Eid Mubarak. With Ramadan on…
How Egypt’s fintech players can own the digital Eidiya evolution
💸 Eid traditions in Egypt (and the region) have held…