Back to the complete issue
Wednesday, 19 June 2019

Check out the very first mall in Egypt

Check out the very first mall in Egypt: Egypt’s first mall was once the place to see and be seen, this Masrawy video shows (watch, runtime: 02:36). Founded in 1923, the Simon Arzt mall in Port Said was the place to go for fashionable imported clothes, people-watching, occasional summertime sunbathing for women on the roof, and emergency stocking purchases (employees could be woken up at any time of the night if a steamship arrived from overseas, one woman recalls). Taking its name from a Turkish-Jewish tobacco merchant, Simon Arzt remained a great historical attraction even after closing in the early 90s. Now, developments are underway by a company that wants to restore it to its former glory.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2021 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of Commercial International Bank (tax ID: 204-891-949), the largest private-sector bank in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; and Act Financial (tax ID: 493-924-612), the leading activist investor in Egypt; and Abu Auf (tax ID: 584-628-846), the leading health foodmaker in Egypt and the region.