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House gives in-principle nod to retail stores bill
LEGISLATION WATCH- House gives in-principle nod to retail stores bill: The House of Representatives approved yesterday the Retail Stores Bill,…
El Araby to develop logistics zones across four Egyptian cities
El Araby Group subsidiary El Araby Company for Trading and Manufacturing is developing logistics zones in four different cities, New…
ITDA to tender 8 retail and logistics centers in 6 governorates
The Supply Ministry’s Internal Trade Development Agency (ITDA) will launch tenders for eight commercial and logistics centers in six governorates…
Egypt’s FRA involves businesses in Consumer Credit Act draft
LEGISLATION WATCH- FRA wants business input into its proposed Consumer Credit Act: The Financial Regulatory Authority (FRA) has opened consultations…
Auto sales to fall short of targets this year
Automotive sales will unlikely surpass 170k units by the end of the year, after initially being expected to reach 200k…
MAF to invest USD 500 mn in Egypt next year
INVESTMENT WATCH- MAF to invest USD 500 mn in Egypt next year: Majid Al-Futtaim Group (MAF) is planning to invest…
Bill that would regulate Egypt’s retail industry making its way through the House of Representatives
LEGISLATION WATCH- Retailers and restaurant owners beware: You will soon face new regulations and licensing requirements. The House of Representatives’…
valU to extend its services to more online shoppers in Egypt
EFG Hermes Finance’s valU is in talks with six e-commerce companies to extend its payment-on-instalment services to more online shoppers,…
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