Monday, January 18, 2021

UAE House of Experience to launch Egypt’s digital mall in March

ArabFinance: The UAE House of Experience (HoE) plans to launch a digital mall in Egypt next March with initial investments of $3 million (EGP 46.97 million), CEO Ashraf Gaber told Ahram Online.

The mall is expected to host about 5,000 brands in Egypt over the next three years.

The Digital Mall is a digital version of traditional shopping malls that will provide, gradually, a variety of goods, brands, commodities, services that traditional malls offer, but through online shopping, Gaber noted

He added that Dubai will be the headquarter of the platform in the first phase.

Carrefour Egypt earlier expanded the teams of online shopping to meet the higher demand witnessed since the coronavirus outbreak.

Copyright © 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

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