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Majid Al Futtaim to establish 100 Carrefour retail stores
Majid Al Futtaim, the owner of the Carrefour supermarket chain in 38 markets, signed a cooperation protocol with the Ministry of Investment and International Cooperation and the National Service Projects Organisation to establish 100 Carrefour retail stores across several Egyptian governorates. In a press statement on Monday, the company said that the signing of this …
Visa and Carrefour aim to reward customers, expand card use in Egypt
Visa teamed up with Carrefour in Egypt to provide reward cardholders of participating banks with exclusive promotions and discounts. The move comes as part of the companies’ aim to expand electronic payment usage in Egypt, which currently accounts for less than 2% of all purchases, according to Visa statistics. The banks participating in the campaign …
Carrefour to open 5 new branches in June: Egypt director
On the occasion of Ramadan, the hypermarket is offering discounts on basic items
Majid Al Futtaim expected to complete Mall of Egypt construction in 2015
Mall is expected to be officially opened in 2016
Carrefour to fix basic food items’ prices until end of 2014: Executive Regional Director
The items in question include essential goods such as rice, oil, sugar and other commodities, Herve Majidier says
Carrefour’s Ramadan prices of basic items will be 8% lower than cheapest seller: Executive Regional Director
Carrefour’s Executive Regional Director says new Carrefour branch to open in Hurgada within coming weeks
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Dubai retailer Al Futtaim to invest $2.3bn in Egypt
The investment plan is positive for Egypt’s army-backed government, which is trying to attract foreign money back to the country and create jobs to ease social discontent as it manages a difficult transition to elections this year.
Carrefour’s acquisition of Metro smacks of monopoly
Chambers of Commerce say deal threatens retail market and hurts competition