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Home News

Centrepoint, Home Centre and Max shut down in Alexandria

by Ahmed Maher
September 8, 2016
Centrepoint, Home Centre and Max shut down in Alexandria

Orient International Trading Ltd is consolidating its business operations in Egypt, and will close its Centrepoint, Home Centre and Max outlets in Alexandria by January 2017, due to the complex business climate in the country.

Orient International Trading Ltd said in an official statement “All employees affected by the store closures will be given an opportunity to relocate to our outlets in Cairo, or across the Middle East. Those employees who do not wish to relocate will receive full end-of-service benefits, as per the Egyptian labour laws.”

They added “With close to 8 years of operations in the country, the Group has a strong understanding of the market and remains committed to the development of the retail sector in the country. We value our partnership with our industry partners and our customers, and our aim is to consolidate, strengthen and build upon our offering in the future.

We will continue to bring our customers great fashion and home décor choices at affordable prices, across our network of stores in Cairo.”

Have something to add to this story? Drop us a comment here or on facebook/twitter @adigitalboom

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Ahmed Maher

Ahmed Maher

Ahmed Maher is a marketing and growth leader with a proven track record across telecom, fintech, publishing, charity, government, e-commerce, and sports. He launched Vodafone Egypt’s digital and social media presence in 2008, setting new standards for brand engagement and performance marketing in the region. As the founder of Digital Boom, Ahmed has helped shape the voice of digital media in the Arab world. He brings a rare blend of creative vision and data-driven thinking, using digital tools and storytelling to drive measurable impact and scalable growth.

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