[via The National]
Kuwait’s Alghanim Industries will add more Wendy’s hamburger outlets across the Middle East and North Africa after acquiring all the chain’s restaurants in the UAE from the master franchise operator Alamar Foods.
Alghanim will take over the 18 outlets in the Emirates from Saudi-based Alamar then build and expand across the region, including in its home market of Kuwait, over the next decade, its chief executive said.
Alamar held the master franchise for Wendy’s for the Mena region except Saudi Arabia. Together with its franchises of Domino’s Pizza it operated 185 restaurants, according to the website of the Carlyle Group, one of Alamar’s investors.
“Dining out has become a true social event for the people of the region. That’s something we want to focus on now,” Mr Alghanim said.
This article was published on Feb 17, 2015