Carrefour exits from two key Middle East markets
The firm that played a pivotal role in introducing the French hypermarket to the Arab world is having to course-correct in response to geopolitical concerns in the region.

We rarely make our stories free to read. This one is, so make the most of it.
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
No payment details required
$99 for one year
More in Business
You may also like
Saudi Arabia is (further) open for business
From stocks to real estate, the largest GCC petrostate is now inviting the Gulf region to invest.
It’s not cheap to be rich in Dubai
The emirate is now the seventh costliest city for the wealthy and affluent, experts have been called in to help local family businesses, and other headlines from the week.
The Middle East is ground zero for the air-taxi phenomenon
As regulatory hurdles slow the growth of the nascent eVTOL business worldwide, the region is quietly becoming the proving ground for the futuristic mode of transport.