MONOPRIX PARTNERS WITH TMT FOOD AND BEVERAGES TO OPEN FIRST STORES IN EGYPT

Monoprix, the renowned French retail chain, has announced a strategic partnership with TMT Food and Beverages, Egypt's largest retail chain, to open its first stores in the country by 2025. The announcement was made during a press conference on 25 February, organized by CCIFE at the French Embassy, attended by French Ambassador to Egypt Eric Chevallier and President of the CCIFE Emad El Sonbaty. The new Monoprix stores in Egypt will offer a wide range of products, from fresh produce to fashion, beauty, and home goods, while also serving as social hubs for communities to connect.

The recent Egypt-France Business Forum, held in Paris on September 30 and October 1, was a significant step in strengthening economic ties between the two nations. Organized with the support of the French Chamber of Commerce and Industry in Egypt (CCIFE), the forum brought together key government officials and business leaders, including Egyptian and French ministers, to discuss trade and investment collaboration. Several Memorandums of Understanding (MoUs) were signed, underscoring the commitment to fostering mutual growth. CCIFE leaders actively participated, reaffirming their dedication to facilitating trade. The event’s success was made possible through the contributions of organizers and stakeholders, with a collective focus on advancing bilateral economic partnerships.

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