A milestone in the company’s commitment to new operating formats Shake Shack, New York’s beloved burger stand, launches its first international drive-thru on 7th July in Dubai, UAE. The Shack in located in Al Barsha and will be open from 11 a.m. to 1 a.m. daily. The Al Barsha Shack features a digital menu board, two-lane […]
CHIPOTLE MEXICAN GRILL accelerates international expansion through first-ever development agreement with alshaya group in middle east
In partnership, Chipotle will open restaurants in Kuwait and the United Arab Emirates in 2024 Chipotle Mexican Grill (NYSE: CMG) announced it has signed its first-ever development agreement to open restaurants in the Middle East and accelerate its international expansion efforts. In partnership with leading international franchise retail operator Alshaya Group, the Company will initially […]
Saudi-based Halal café chain “Barns Coffee” inks Expansion to ASEAN Countries with Malaysia as its hub.
Dubai: Saudi based world’s Largest Halal coffee chain, Barns Coffee plans to Expand franchises in the ASEAN countries, Barns Coffee , headquartered in Saudi, currently has over 600 locations and has announced plans to achieve 1000 outlets globally by 2030. Premier Fine Foods SDN BHD division of Harta Group , Malaysia signed an MOU with […]
Reflexion Lounge , UK’s Leading Shisha joint Eyes Global Expansion through Franchising
Plans to expand to 100 outlets by 2030 in 15 countries United Kingdom: Owned by a Manchester -based entrepreneur, Faiyaz Bux has announced global expansion of his hookah lounge, which will initially target the brand’s presence throughout the Gulf countries. The expansion plan will turn “RL” into the largest hookah chain brand in the world. […]
Subway to open 4,000 stores in China with new master franchise agreement
Hong Kong: As part of its new master franchise agreement with Shanghai Fu-Rui-Shi Corporate Development Co., Ltd. (FRS), sandwich restaurant Subway stated that it intends to open thousands of new locations in Mainland China within the next 20 years. Under the new organization, FRS will open almost 4,000 cafés in Central area China by 2043, […]
Franchise International Malaysia 2023 to help Homegrown businesses go Global
Deputy prime minister of Malaysia ,Ahmad Zahid Hamidi (centre) flanked by domestic trade and cost of living minister Salahuddin Ayub (left) and Malaysian Franchise Association chairman Dr.Radzali Hassan at the launch of Franchise International Malaysia 2023. KUALA LUMPUR: Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has called on local franchise industry players to […]
7‑Eleven, Inc. Launches New Electric Vehicle Charging Network, 7Charge
7Charge Will Bring New Level of Accessibility and Convenience to EV Drivers IRVING, Texas: 7‑Eleven, Inc. announced 7Charge, its new, proprietary EV charging network and app that delivers a convenient and reliable fast-charging experience at select 7‑Eleven® stores in the U.S., and coming soon to Canada. 7‑Eleven intends to build one of the largest and most compatible electric vehicle […]
Social Development Bank plans to support SMEs with $6bn financing over next 3 years
Funding Franchise Projects from SAR 150,000 to 4 million RIYADH: Saudi Arabia’s Social Development Bank aims to support small and medium-sized enterprises with SR24 billion ($6.3 billion) financing over the next three years, as the Kingdom steadily diversifies its economy in line with the goals outlined in Vision 2030, revealed a top official. In sidelines […]
Starbucks Store achieves first LEED Platinum certification in the GCC
The Starbucks store at KAFD, Riyadh. Image Courtesy: Alshaya Group Kuwait: Adding another important milestone to a long list of achievements under Alshaya’s partnership with Starbucks. The Starbucks store at KAFD, Riyadh has become one of the first few Food & Beverage stores in the GCC region to attain this prestigious accolade. Alshaya Group and […]
Yum! Partners with Lafayette Square Investment Firm to Lend $50M to Franchisees
The Funds target underrepresented operators, both new and existing. Miami, Florida – Lafayette Square has signed an agreement with Yum! Brands, Inc. to lend up to $50 million to new and existing underrepresented Yum! franchisees identified by Yum! Brands as part of a new financing program called Franchise Fast Start. Franchise Fast Start will help […]