Carrefour inaugurated Hypermarket in Almaza this month with investments of EGP 210m
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According to the ITDA, the space of any hypermarket in Egypt ranges between 10,000 and 15,000m, while the supermarket area ranges between 1,600 and 4,000m.
Company inaugurates first integrated mall in Ismailia with investments of EGP 200m
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 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 …
On the occasion of Ramadan, the hypermarket is offering discounts on basic items
Mall is expected to be officially opened in 2016
The items in question include essential goods such as rice, oil, sugar and other commodities, Herve Majidier says
Carrefour’s Executive Regional Director says new Carrefour branch to open in Hurgada within coming weeks
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.
Chambers of Commerce say deal threatens retail market and hurts competition