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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.…
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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…
Your top infrastructure stories of the week
Your top infrastructure stories of the week: The Transport Ministry is studying the possibility of a second phase of the…
The way to a foreign investor’s pocket book is through their stomach
INVESTMENT WATCH- The way to a foreign investor’s pocket book is through their stomach. Ours is a consumer-led economy, and…
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