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GRG, Italy’s Sopria to launch Italian supermarket chain in early 2021
Supply Ministry-affiliated Global Retail Gate (GRG) is planning to begin opening branches of an unnamed Italian supermarket chain in Egypt…
Bricks versus clicks with Ahmed Galal Ismail
To sell products, sell experiences: We spoke to Majid Al Futtaim Properties CEO Ahmed Galal Ismail in last week’s episode…
Last Night’s Talk Shows on 3 November 2020
Topping the coverage of the talk shows: A new and so far inexplicable plan to regulate the opening times of…
Egyptian startup Fatura to add e-payments, aims to scale in early 2021
STARTUP WATCH- Fatura to add e-payments, aims to scale in early 2021: B2B e-commerce platform Fatura is in talks with…
Fashion startup Brantu raises USD seven-figure investment
STARTUP WATCH- Online fashion marketplace Brantu has raised an undisclosed USD seven-figure investment in a series A funding round led…
Lulu plans new hypermarket in New Cairo
Indian retailer Lulu is in talks with the New Urban Communities Authority to establish a hypermarket in New Cairo’s First…
McDonald’s to invest EGP 200 mn in 12 new branches next year
INVESTMENT WATCH- McDonald’s is investing EGP 200 mn to open 12 new branches next year: Fast food giant McDonald’s Egypt…
Abu Dhabi sovereign wealth fund invests USD 1 bn in LuLu’s Egypt expansion
INVESTMENT WATCH- Abu Dhabi’s sovereign wealth fund ADQ Holding will invest USD 1 bn in retailer LuLu’s Egypt expansion, the…
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