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What we’re tracking on 12 October 2020
Mondays are typically the quietest news day of the week, and today is no exception. So a pro tip for…
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Egypt’s Gourmet adopts Norma AI software to optimize delivery, logistics
Gourmet is streamlining its delivery services and restocking logistics with Norma, an AI solution by SoftecTechnologies, the upmarket grocery store…
What we’re tracking on 16 September 2020
It’s another busy news day as we hurtle toward the end of the week, so let’s get this show started.…
Italy’s Sopria Holding to set up supermarket chain in Egypt
Egypt has signed an agreement with Italy’s Sopria Holding to set up a new Italian supermarket chain in Egypt, the…
CI Capital’s Souhoula provides installment payment option through retailers
CI Capital’s consumer finance arm Souhoola has signed contracts with six brick and mortar and online retailers to allow customers…
Hyper One inaugurates EGP 650 mn new branch on Cairo-Alex road
Hyper One supermarket has opened a new 50k sqm location in New Sphinx City on the Cairo-Alexandria desert road, Mohamed…
EFG’s valU, Al Futtaim to provide no-interest payments to Egypt’s shoppers
EFG Hermes’ fintech arm valU has signed an agreement with Al Futtaim Group to offer six-month no-interest installment plans to…
Marakez signs EGP 670 loan agreement with local banks for Mall of Katameya
Fawaz AlHokair Group’s mall development company Marakez has signed a EGP 670 mn syndicated loan agreement with local banks to…
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