• MAF unveils ambitious growth plans for Carrefour banner in Egypt

    UAE-based Carrefour franchisee Majid Al Futtaim (MAF) is ramping up its presence in Egypt. In April, it unveiled ambitious plans to open 20 new stores by the end of this year, which would bring the total number of Carrefour stores in this market to 60. In the longer term, it is planning to increase the

    Categories: SagaRetail News - Egypt - Retail & Shopping Malls

  • MAF sees Kenyan Carrefour sales soar and eyes new markets

    UAE-based Carrefour franchisee Majid Al Futtaim (MAF) saw its Kenyan sales rise by 71% during 2018, to AED506 million (USD137.8 million). MAF currently operates seven stores (six hypermarkets and one supermarket) in Nairobi. Nairobi’s eighth Carrefour store (another hypermarket) is due to open later this year in the premises formerly occupied by Nakumatt along the

    Categories: Egypt - Retail & Shopping Malls - Kenya - Uganda - South Africa

  • High noon in Egyptian e-commerce

    Noon, an internet retailer that debuted in Saudi Arabia and the UAE in 2017, recently launched a beta version of its website in Egypt. Backed by USD1 billion in investment from Saudi Arabia’s Public Investment Fund and a number of private individuals in the Gulf region, it currently sells products in Egypt across five categories:

    Categories: SagaRetail News - Egypt - Retail & Shopping Malls

  • Emirati hypermarket chain goes long on Egypt

    UAE-based hypermarket chain LuLu is planning to open four new outlets in Egypt. Lulu currently has a single store in Egypt and 153 others across the Middle East and Asia. Selling everything from FMCG to home appliances, homewares and apparel, it was founded in 2000 by Indian national M.A. Yusuff Ali, who is its chairman

    Categories: SagaRetail News - Egypt - Retail & Shopping Malls

  • Miniso’s mighty plans

    Variety store chain Miniso, which sells inexpensive homewares and novelty items, is rapidly expanding its presence in African malls. It currently has stores in Egypt, Kenya, Madagascar, Morocco, Nigeria, South Africa and Tanzania and big expansion plans.

    Categories: SagaRetail News - Consumer - Egypt - Retail & Shopping Malls - Distributors - Kenya - Morocco - Nigeria - South Africa

  • e-commerce in Egypt

    This publication presents a detailed description of the e-commerce market in Egypt, including its most distinctive characteristics, current size and prospects for development. It supplies key insights into the landscape and players in the e-commerce sector, including rankings of largest players in the market and forecasts of growth till 2016 in each product and service

    Categories: Consumer - Egypt - Retail & Shopping Malls - Telecom

  • Egyptian e-commerce: A ~76 M USD market in 2012

    Sagaci Research has released a report on the Egyptian e-commerce sector, estimating its revenues at 76 million US dollars by the end of 2012 and with potential to grow 10 fold in the next years. The report aims at shedding new light into a sector where information is sparse. Our analysts have interviewed personally the main market

    Categories: Egypt