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Delivery app Glovo shuts down operations in Egypt

Glovo, the Barcelona-headquartered delivery startup has closed down its operations in Egypt in the same week it reveals it has raised $168m in Series D funding. Glovo operated in Cairo and Alexandria, where it had 40 employees. Nationally, Glovo had …
Carrefour MAF

Carrefour launches major expansion plan in Egypt

Majid Al Futtaim, Carrefour’s Middle East and East African partner, has launched a major expansion plan in Egypt. It will invest EGP700m ($40.75m) to have opened 20 new stores in 2019. By end 2019 it will have a 60 store …

Sarai Market