NEWS
News
Egypt Free Shops’ profits rise 14% in FY17/18
Egypt Free Shops on Tuesday reported a 14.2% year-on-year rise in consolidated profits for...
July 18th, 2018
LuLu Group boosts foothold in Abu Dhabi
LuLu Group has launched a new hypermarket at The Mall in World Trade Center Abu Dhabi. Sit...
July 5th, 2018
News
Ikea to open 2nd store in Egypt in 2020
Egyptian Centers for Real Estate Development Company, a subsidiary of Saudi Arabia’s Fawa...
July 4th, 2018
Khalifa Fund partners with Majid Al Futtaim Hypermarkets
Khalifa Fund for Enterprise Development said it has signed a MoU with Majid Al Futtaim Hyp...
June 24th, 2018
News
KABO EGM nods to EGP 100m capital top-up
The extraordinary general meeting (EGM) of El Nasr Clothing and Textiles (KABO) has agreed...
June 14th, 2018
Somocer: A very difficult 1st quarter 2018, after the good balance sheet 2017
The SOMOCER company closed the 2017 financial year with a profit of 4 million dinars (MD)...
June 7th, 2018
News
Eastern Co profit hits EGP 2.9bn in FY16/17
Eastern Co on Monday said it has amended its financial statements for fiscal year 2016/201...
June 5th, 2018
India’s Monginis to open EGP 30m branches in Egypt
Mumbai-based pastry and bakery chain Monginis plans to open 30 branches across the governo...
May 14th, 2018
ANALYSIS
Analysis
Will India's ban on gold exports have an impact in Oman?
India’s recent ban on export of gold jewellery and medallions above 22 carat will not affe...
August 18th, 2017
Analysis
Largest distribution centre for Carrefour to open in Dubai
Majid Al Futtaim, a leading shopping mall, retail and leisure pioneer, will open a major n...
January 3rd, 2017
REPORTS
Egypt Retail & FMCGs October 2017
Egypt continues to maintain its position as the Arab world’s largest consumer market. With an estimated 92 million citizens and one of the world’s fastest growing populations, market demand will…
FDI
MENA FDI July 2017
Even by the tumultuous standards of the Middle East and North Africa (MENA) region, the past few years have been remarkably violent and destructive. The Syrian and Libyan economies have…