Retail
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Huffs in the tobacco market
Imbabi had earlier said the upcoming tax increase is expected to range from LE0.5 to LE2 depending on the tobacco brand.
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Egyptian consumer businesses to become more lucrative in Q4 2023: HSBC
Egyptian companies operating in the consumer sector are expected to achieve higher profits during the fourth quarter of 2023.
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Egypt accounts for 50% of global jasmine production
The global production of jasmine is approximately 14 tons, with Egypt producing about 7 tons.
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Philip Morris backtracks on decision to raise its cigarettes prices in Egypt
Philip Morris International has made a sudden U-turn on its plan to increase cigarette prices in Egypt, just hours after the initial announcement.
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Carrefour opens 1st store in Porto Marina in collaboration with ACAP: Egypt
The new store is strategically located in the heart of the North Coast, at Kilometer 110 on the Alexandria-Marsa Matrouh Road.
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RiseUp Launches Egypt’s First Retail-Focused Summit at District 5
RiseUp is putting together Egypt’s first industry-focused summit ‘RiseUp Retail’ at District 5 in collaboration with Marakez.
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Egyptian discount retailer Kazyon attracts $165 mln investment from Int'l consortium
The Cairo-based Kazyon, founded in 2014, is a giant discount retailer selling basic food commodities at affordable prices.
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Noon.com announces its Eid prep sales with up to 80% off
Massive price crashes across all categories, and amazing bank offers on hundreds of thousands of items.
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Philip Morris raises prices of its cigarettes, tobacco products
Philip Morris Egypt has raised the prices of cigarettes and tobacco products, the new prices are applied starting Thursday.
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Fine Hygienic Holding acquires Easy Care, New Easy companies for cosmetics
The full integration of Easy into the FHH portfolio is expected to take place within the coming months.