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Retail Industry

Al Ahram Beverages compliments 120+ years of operation in Egypt through new investment of €30M and new HQ

Al Ahram Beverages Company (ABC) is pleased to announce a new executive office after 18 years of managing its operations from Al-Obour HQ, with a relocation to its new HQ at MIVIDA business complex in New Cairo, effective September 1st, 2024

Annual core inflation slows to 26.6% in June, the lowest recording since 2022 | CBE

Annual headline inflation declined to 27.1% in June from 27.4% in May, the CBE explained, with core CPI registering 221.08 last month compared to 174.57 recorded in June 2023

Egypt to introduce eSIMS in 2 months, ICT sector grew by 16% in FY23/24 | MCITMin

Unlike traditional SIM cards that require physical swapping when changing networks or traveling abroad, eSIMs allow users to switch between mobile operators directly through their phone’s settings

Egypt leads North African smartphone market in Q1 2024, displaying strong growth | Canalys

According to the latest findings from Canalys, Africa has now positioned itself as the 3rd fastest-growing region for smartphones globally during this period

NielsenIQ releases Consumer Outlook for 2024, “a year of redefined consumer value”

This evolution in consumer preferences reflects a growing emphasis on financial prudence and the desire for products that meet essential needs without exceeding budgetary constraints