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The upcoming sale of military-owned Wataniya Petroleum is attracting more attention from GCC oil and gas companies, the local press…
Omar Effendi and MAF get cozier
Omar Effendi has tapped Majid Al Futtaim (MAF) to manage 14 of its branches, AlMal reports, citing an unnamed source…
What we’re tracking on 11 January 2021
Welcome to another workaday Monday, nice people. It’s a reasonably quiet news morning, but don’t be deceived by the calm:…
Carrefour is coming to Omar Effendi
Majid Al Futtaim-owned supermarket chain Carrefour is setting up shop in 14 Omar Effendi’s branches after MAF signed a cooperation…
Last Night’s Talk Shows on 29 December 2020
A quick and dirty rundown on talkshows for you wonderful people as we push past this mid-week hump and look…
Monginis to open second factory in 2Q2021
Sweetmaker Monginis is planning to inaugurate its planned EGP 100 mn factory in Sadat City in 2Q2021, Business Development Director…
Lorax Capital acquires “significant” minority stake in Dsquares in first investment by its new fund
Lorax Capital Partners has acquired a “significant” minority stake in loyalty services provider Dsquares through its LCP Fund II, the…
Marakez opens new mall, says Black Friday footfall was about on par with ‘19
Fawaz AlHokair Group’s mall development company Marakez inaugurated Town Center, its new EGP 260 mn convenience mall on the intersection…
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