Luxor4u-Network

Dec 19, 2007 at 09:43 o\clock

Living in Luxor 3 - Supermarkets

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Living in Luxor 3 – Supermarkets

As much as people like to try local recipes, now and then they like to be reminded of home and want to cook their favourite European style dishes which leads to a hunt for the relevant ingredients. 

There are no supermarkets in Luxor that are comparable to those in Europe.  Supermarkets in Luxor are generally not much bigger than a village store in the UK with an even smaller range of goods.  There are huge supermarkets in Cairo but the chains have not yet reached as far south as Luxor.

The most well stocked supermarket is Omar’s Market in Medina Street.  It is popular with Egyptians and well as ex-pats and carries a wide range of European style foods.  Because many of the items are imported, they tend to be more expensive than local goods and they sell out very quickly, but it is still nice to be able to locate familiar brands.  The checkout uses a bar code reader for pricing so there is no reason to ever suspect that you are being ‘ripped off’ or that two-tiered prices are being applied.

Omar’s Market also carries a range of pet foods including Pedigree Chum and Whiskers cat food.  Dry dog biscuits and cat biscuits can also be obtained from ACE at a reasonable price.

There is another smaller but still quite well stocked supermarket in Salah el Din Street and another at the town end of Television Street on the corner of Medina Street.  Neither carries the range that Omar’s Market does but there are still some interesting food stuffs to be found there.

 

The A1 market in Television Street was well stocked but the shelves have been rather empty of late.  This might improve in the near future so it is still worth calling in there to see if they have what you need.

 

 

Dec 3, 2007 at 06:49 o\clock

Business Solutions 3

   

Business Solutions – Starting a Business 

   

3 – Choosing the size of business you want  

   

The laws in Egypt on how businesses can be set up and how they are taxed have been revised in recent years.  Whereas once it took a lot of capital to form a limited company it can now be done with as little as 1,000 le.   

   

However, although it is possible to have a company with a small capital the range of activities that the company can undertake is restricted.  Businesses that have large financial commitments to the public have to provide greater security and a larger capital investment is required.   

   

The law still requires that a limited company cannot be wholly owned by a foreigner so there is a requirement for the company to have at least one Egyptian shareholder/manager.  The minimum holding of this shareholder would be 1%.   

       

When the shareholders have decided on whom the founding shareholders are and the size of the proposed investment, they then need a lease on the premises from which the business will be run and a statement from the bank saying that the money covering the capital has been deposited.  The lease and the account have to be in the company name. 

   

Registration for companies in Upper Egypt is in Assuit.  This means that most of the papers have been to taken there for stamping and approval, few of the papers can be completed in Luxor.  

   

The actual cost of completion of the paperwork will vary from lawyer to lawyer and the fee should be agreed before work starts.