The company was acquired by MetaApply from Dubai, United Arab Emirates. An executive says the merger will allow it to offer more and better services to students who are doing exchange programs.
Browsing: expansion
Canada-headquartered company is now fully owned by Brazil’s Seb group. School network plans on being operational in 39 countries by 2025.
The coffee shop chain will open new points of sale in the first half of 2024 in Dubai, Saudi Arabia, and Egypt. The company aims to have 1,500 units abroad and 350 in Brazil by 2028, with a total revenue of USD 350 million.
Tanmiah, a Saudi halal poultry and food producer, wants to reach new markets. The company raised USD 107 million in an IPO last week.
The brand’s sole franchise holder in the Arab country announced an EGP 200 million investment towards expansion, despite slumping sales amid the pandemic.