Latest in Tag: retail Highlight
Latest in Tag: retail
Thursday is last day for retail offering of Taaleem
The final price for the offering has been set at EGP5.75/share, with TALM’s equity valued at EGP4.199bn. The private offering was 2.34x oversubscribed.
Marakez opens Town Center retail destination
The on-the-go retail destination stretches over approximately 64,000 sqm, and boasts over 25,000 sqm of Gross Leasable Area. It is expected to serve more than 2 million people who live and work in the area.
NBE decreases loans by 14%, finances second-hand vehicles to offset decreased demand
New instalment measures revive car loans’ demand in banks during coming period, according to bankers
Egyptian food retail market grows stronger despite challenges
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, the demand for food products will continue to grow. Although the country faced various economic challenges following the 2011 and 2013 regime changes and subsequent decreases in tourism …
Ted Baker London: local market witnesses retail expansion
This particular store does not only represent a major leap in the arena of interior décor and visual merchandise, it also showcases the current significance of the local retail market
Fashion retail through the eyes of a PR expert
Daily News Egypt met the businesswoman to understand more about the local market’s preferences and common conceptions when welcoming new retailers
Value of projects in Dubai total $390.8bn
Ongoing projects valued at $53.6bn while value of planned projects is $337.2bn
Walmart drags down US markets
The world’s largest retailer was the biggest drag on the Dow Tuesday after it disappointed investors with weak second-quarter results. The company has been struggling to compete with online merchants and dollar stores. Shares in US retail giant Walmart fell by more than 3 percent Tuesday as its quarterly results fell short of expectations, hit …
Carrefour to open 5 new branches in June: Egypt director
On the occasion of Ramadan, the hypermarket is offering discounts on basic items
Emaar Misr yet to receive approvals on listing 13% of stakes
UAE-based parent firm Emaar will keep 87% of shares in Emaar Misr after listing
Mehleb approves land in Maadi for Majid Al Futtaim project
The UAE-company’s five-year plan for Egypt includes investing EGP 3.9bn in the City Centre Maadi expansion
Mashreq Bank expands in Egyptian retail banking market
New initiatives to be launched this coming year to enhance services
Arafa Holding plans European market entrance in 2015
Egypt’s monetary policy encourages importers and deters producers, Egyptian pound losing real value
Future of real estate in Egypt a prominent theme in Abu Dhabi investor conference
Egypt is the largest real estate market in the region and its demographics suggest huge potential for growth
Emaar plans Dubai, London listing for retail unit: Chairman
Reuters – Dubai’s Emaar Properties plans to list its shopping malls and retail unit in both Dubai and London, the company’s chairman Mohamed Alabbar was quoted as saying on Tuesday. “This will be a dual listing. We are a Dubai company so we have to be in Dubai, but we will list in London. I …
Cairo Chamber of Commerce rejects Governorate decision to provide places for 2,000 unlicensed street vendors
Businessmen in the city pledged their support for the Governorate’s plan on the condition of improvements in the security situation, particularly in Downtown districts such as Talaat Harb, Al-Tawfikia, Al-Azbakiya and Ramses.
Carrefour’s acquisition of Metro smacks of monopoly
Chambers of Commerce say deal threatens retail market and hurts competition