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ECOMMERCE MARKET IN EGYPT
Mediators gather in Pakistan for talks on ending the month long Israel-Iran warTop diplomats from Saudi Arabia, Turkey, and Egypt are in Pakistan to discuss the Middle East conflict. The talks aim to foster dialogue be...- Retail giant Lulu plans to partner with local e-commerce players in Q1 2026, says CMD AliLulu Group International is significantly boosting its sourcing from India. The retail giant aims to raise India's share in its imports to ...
- Taking a leaf out of India, Amazon launches quick commerce services in the US, UAE, Egypt and MexicoAmazon’s 10-minute grocery delivery in India has shaped its global quick commerce strategy, with pilot projects in the US, UAE, Egypt, and ...
- Nestle India appoints ex-Amazon Manish Tiwary as ChairmanNestle India has announced Manish Tiwary as the new Chairman of the Board, effective August 1, 2025, succeeding Suresh Narayanan upon his r...
- Rural-urban divide in FMCG demand continues to widenMarico observed stable demand and volume pick-up in Q1 2025 due to rural market improvement and easing consumer wallet stress. Dabur expect...
- Dabur expects flat revenue growth in Q4; Marico estimates demand to be stableDabur anticipates flat consolidated revenue growth in Q4 2025, citing delayed winters and urban slowdown. The company expects a mid-single ...
- Dabur shares plummet over 7% as Q4 update indicates subdued volume growthDabur India share price dropped after announcing flat consolidated revenue and a decline in operating profit margin for Q4 FY25 due to infl...
- Dabur Q3 Update: Cons revenue to grow in low single digits amid pressure in general tradeDabur India projects low single-digit growth in consolidated revenue for the December 2024 quarter, citing continuing pressure in general t...
- Fashion brand Beyoung partners with ecommerce platform Noon; enters the Middle Eastern marketNoon will help the brand enter markets such as UAE, Saudi Arabia, and Egypt, part of its global expansion plan of opening 300 stores worldw...
- India Post, Canada Post join hands to facilitate e-commercePost office departments of India and Canada recently entered into an agreement to introduce International Tracked Packet Service (ITPS) bet...
- Dabur Q3 Results: Net profit falls 5% YoY to Rs 476 crore, revenue rises 3%The revenue has crossed the Rs 3,000-crore mark for the time in a quarter, the company says
- Global retail market has reached pre-Covid levels: Lulu GroupLuLu Group International has committed Rs 5000 crore to develop retail malls across Bangalore, Trivandrum and Lucknow. The firm had earlier...
- Amazon rival Noon to draw $2 billion from PIF, other backersThe investments from the Public Investment Fund and others will be used to upgrade infrastructure and help speed up deliveries, Noon founde...
- Indian businesses could access Europe, West Asian & African markets through EgyptEgypt is a politically stable country and has a liberal economy which has enabled Indian industry to invest more than $ 3.15 billion in Egy...
- Abu Dhabi's ADQ to invest $1 billion to help retailer Lulu expand in EgyptADQ and Lulu will work to develop up to 30 hypermarkets and 100 express mini-market stores, as well as logistics hubs, distribution and ful...
- China, Korea, Egypt report rise in virus cases as curbs easeThe Xinfadi market was closed after 50 people tested positive for the virus in the Chinese capital's first confirmed cases in 50 days.
- Lava welcomes tweaks in ecommerce FDI policyThe tweaks to the ecommerce policy included barring online marketplaces from signing exclusive deals for products on their platforms.
- PepsiCo to focus on marketing and e-commerce for next league of customersThe maker of Pepsi cola and Lay’s salty snacks is ‘seeking ways to move ahead of the existing growth numbers’, said Sheikh.
- Uber is said in talks to acquire Dubai ride hailing firm CareemA deal could value Careem at $2 billion to $2.5 billion, the people said, asking not to be identified because the talks are private.
- Transsion’s Infinix to open global R&D center in India; in talks with component makers to start India operationsInfinix’s India CEO Anish Kapoor said that the company is aiming to capture 8-10% online market share by 2018 calendar end.
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