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Logistics (MENA) 
India’s Sterlite Power proposes USD 6 bn energy infrastructure project
The news came during El Khatib’s visit to India
OECD sees the global economy growing at a 2.9% clip this year
A more optimistic global growth outlook: OECD has revised upwards its 2024 world growth forecast to 2.9% from November’s 2.7%…
LuLu plots UAE IPO next year
Middle East supermarket giant Lulu Group International could IPO in the UAE next year, Bloomberg reports, citing people familiar with…
NBE partners with UAE’s LuLu on remittance transfer service
Egypt was one of the top five remittance destinations in 2020
More financial inclusion for pensioners + PayTabs, valU services coming to LuLu
Pensioners will soon have access to “new electronic channels” to receive and use their monthly payments under an MoU the…
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…
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…
What we’re tracking on 11 October 2020
Good morning, friends, and welcome to a new workweek. We hope your long weekend was as relaxing as ours was.…
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