Saturday 1 November 2014

Majid Al Futtaim to open $683m Mall of Egypt

Majid Al Futtaim is set to invest 4.9 billion Egyptian pounds ($683.4 million) in the construction of the Mall of Egypt. Top government officials including Ibrahim Matlab, Egyptian Prime Minister along with Ashraf Salman, Ministry of Investment and Dr Mostafa Madbouli, Minister o


Tesco chief to quit over finance blow

The chairman of Britain's biggest grocery chain, Tesco, resigned after the company reported a bigger than expected hole in its finances and said accounting transgressions went back further than initially thought. Tesco, Britain's biggest private employer and once the jugg

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