Latest in Tag: IKEA Highlight

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Latest in Tag: IKEA

IKEA opens first store in West Cairo’s Mall of Arabia

MARAKEZ for real estate investment, the Egyptian arm of Saudi Arabian conglomerate Fawaz Alhokair Group, signed a memorandum of understanding with Al-Futtaim Misr for Retail to open the first IKEA store in west Cairo at the Mall of Arabia. According to the press statement issued, this will be the Swedish retailer’s second store in Egypt …

Daily News Egypt

EU launches investigation into IKEA tax deals

The European Commission is investigating IKEA’s tax benefits in the Netherlands, which have helped the flat-pack furniture retailer avoid paying taxes of close to €1 billion between 2009 and 2014.The European Commission said on Monday that it was looking into two tax rulings issued to Inter Ikea, which operates Ikea’s franchise business and collects a …

Deutsche Welle

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