Retail News
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PM issues decision to enforce printing prices on commodities
This came as part of a set of governance procedures aimed at curbing price hikes resulting from intermediaries between producers and consumers.
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Carrefour Honors Five-Year Partnership with the Egyptian Food Bank
Carrefour’s contributions, surpassing EGP 3 million, have provided crucial food supplies, impacting over 15,000 beneficiaries.
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Starbucks Loses $12 Billion amid Boycotts over Israel-Gaza War
Starbucks is an American multinational chain of coffeehouses headquartered in Seattle, Washington, with over 35,711 stores in 80 countries.
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Harnessing power of spontaneous shopping: Insights from Black Friday and Cyber Monday
A Salesforce survey revealed that consumers spent a whopping $1.14trn online globally during the Holiday Season.
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Majid Al Futtaim Holding Group to invest $1B into Egyptian markets
The company has a strategy to expand the number of Supeco stores, which offer wholesale prices, to 144 by 2030.
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Egypt's Black Friday: Will consumers embrace discounts despite inflation, boycott campaign?
One prominent factor driving the surge in Black Friday excitement among Egyptian shoppers is the growing demand for online shopping.
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Egypt unveils specifics of 30% stake sale in Eastern Company
Egypt's Ministry of Public Enterprises revealed on Sunday details of the sale of a 30 percent stake in the state-owned Eastern Company to Emirati firm
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Egypt pushes privatization, sells tobacco company stake to UAE buyer
The Egyptian government agreed last year to privatize state assets, boost exports and increase foreign direct investment.
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Soaring tobacco prices to ease soon, says CEO of Egypt’s largest producer
Soaring prices of tobacco products in Egypt are expected to ease soon following the latest measures taken by the country to control the local market.
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Franchising in Egypt: Navigating the Legal Terrain for International Brands
Egypt, distinguished by its unique blend of historical depth and modern evolution, has progressively emerged as an attractive landscape for franchise.
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Top 10 retailers in Egypt
Egypt's retail market, set to grow from $200B in 2020 to $254B in 2025, thrives on apparel, food, and digital platforms, inviting foreign investors.
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New increase in Egypt’s cigarette prices announced
The price of the Cleopatra Box (10 cigarettes) rose to LE20, compared to LE15 previously, while Cleopatra King Size cigarettes have risen to LE27.
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Boycott campaigns in Egypt: Effective weapon or friendly fire?
FEDCOC issued a statement on Thursday calling for people to suspend the campaign, arguing that it is affecting Egyptian businesses.
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Egypt’s cigarette prices to increase once more following new VAT tax
The draft law included an increase in the fixed table tax on cigarette products in the local market by 50 piasters for the three segments.
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Spinneys continues to expand across Egypt with new opening in Obour city
The new store, which opened on October 18, is located on the main Obour axis, right next to the Chillout gas station.
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Egypt: Talaat Moustafa Group, Colin’s partner to open 3 branches in San Stefano, Madinaty
All Seasons Park is one of the latest integrated commercial centres and shopping destinations developed by the Talaat Moustafa Group.
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Egypt’s summer sale season extended to September 30
Minister of Supply and Internal Trade Ali al-Moselhi issued a ministerial decision to extend the summer sale season to September 30.
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Egyptians smoke 100bn cigarettes annually
Aman said that demand for cigarettes increases each June as there is a widespread belief that there will be a tax increase in the new fiscal year.
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Government moves to solve Egypt’s cigarettes crisis
A reference was made to increasing the supply orders for raw materials, which contributes to increasing the volume of daily production.
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Egypt's largest tobacco producer to pump an extra 50 million cigarettes daily to face shortage
According to numbers released by Eastern Company, Egyptians spent EGP 17 billion on cigarettes during the 2021-2022 fiscal year.