Arab Today, arab today uae firm signs deal for saudi food retail jv
Last Updated : GMT 21:46:51
Arab Today, arab today
Arab Today, arab today

UAE firm signs deal for Saudi food retail JV

Arab Today, arab today

Arab Today, arab today UAE firm signs deal for Saudi food retail JV

Abu Dhabi - Arabstoday

UAE-based Cravia Holding, owners of the Middle East franchises for Cinnabon, Seattle\'s Best Coffee and Zaatar w Zeit (ZwZ), said on Monday it is expanding its operations into Saudi Arabia. The company said it has signed a joint venture agreement with Rawabet Elokhowa Company, part of Al Rajhi Group, one of the kingdom\'s biggest conglomerates. The agreement will result in a SR30m investment in the establishment of Wraps Arabia, which will be responsible for ZwZ\'s growth and expansion in Saudi Arabia. ZwZ sells fast food including Manakeesh, is a popular Levantine food consisting of dough topped with thyme, cheese, or ground meat. As part of the deal, the company will embark on an aggressive expansion plan with 58 outlets scheduled to be opened over the next few years. The partnership will begin with the opening in September in Riyadh of the largest ZwZ outlet in the world. Cravia Holding CEO, Walid Hajj, said: \"Building on the enormous success we have enjoyed in the UAE over the last decade, we are now ready to take our brands further afield. \"As the largest market in the region, our entry into Saudi Arabia represents immense growth potential, which we hope to achieve through our partnership with one of the most respected companies in the kingdom and indeed the whole region.\" Cravia said it will leverage its existing infrastructure to manage operations in the kingdom, adding that expansion into Saudi Arabia was a \"natural progression\".

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uae firm signs deal for saudi food retail jv Arab Today, arab today uae firm signs deal for saudi food retail jv

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uae firm signs deal for saudi food retail jv Arab Today, arab today uae firm signs deal for saudi food retail jv

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday