Dubai’s MAF in talks on $300m Egypt retail deal

Dubai's Majid Al Futtaim (MAF) is in talks with Egypt's Mansour Group, owned by billionaire Mohammed Mansour, to buy its supermarket business in a deal valued at $200-$300m, three sources aware of the discussions said. Mansour Group, also the largest distributor of General Motors cars in Egypt, is aiming to sell supermarket chain Metro and... Continue Reading →

Top 10 Retail Brands – Retail Digital

It has been a tumultuous year for the retail sector. The economic environment is not exactly thrilling, thousands have been laid off or are unemployed, costs are escalating, and people are tightening the purse strings. While big names, like JJB Sports and Comet bit the dust quite spectacularly in 2012, there were others who managed... Continue Reading →

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