Monday 14 July 2014
 
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fast food

TPG-Abraaj in talks to buy Kudu stake

A joint bid by TPG Capital and Abraaj Group has emerged as the favourite to acquire a majority stake in Saudi fast-food chain Kudu after the selling shareholders entered exclusive talks with the pair, three sources aware of the matter said on Th

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Tighter laws on food 'can reverse obesity epidemic'

Governments could slow – and even reverse – the growing epidemic of obesity by taking measures to counter fast food consumption, according to a World Health Organisation study. The study, by a team of researchers based

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Just falafel plans IPO on Nasdaq Dubai

Just Falafel, a United Arab Emirates-based franchise restaurant offering the traditional Arabic food, has hired an advisor to help arrange an initial public offer of shares on the Nasdaq Dubai bourse as soon as O

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US fast food brand plans Bahrain outlet

US fast food chain CaliBurger is planning to open an outlet in the Seef district of Bahrain early next year. It comes as part of an expansion into the Gulf with branches also in the pipeline in Kuwait and Dubai, reported the Gulf

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KKR among bidders for Saudi fast food chain

A majority stake in Saudi fast food chain Kudu has been put up for sale and private equity firm KKR is among the bidders, four banking and industry sources said on Wednesday. Riyadh-based Kudu, which operates more than 200 restaur

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McDonald's posts higher quarterly profit

McDonald's Corporation reported higher quarterly profit yesterday, boosted by better-than-expected sales at established restaurants in the US and its top revenue market of Europe. McDonald's shares rose as investors breathed a sign

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Just Falafel shortlists scholarship finalists

Just Falafel, a leading fast food chain in the UAE, said it has shortlisted 15 finalists for its major scholarship programme under its  ‘Help Us Help You’ campaign. The drive was launched in January tying together social media, c

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Just Falafel shortlists scholarship finalists

Just Falafel, a leading fast food chain in the UAE, said it has shortlisted 15 finalists for its major scholarship programme under its  ‘Help Us Help You’ campaign. The drive was launched in January tying together social media, c

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UAE, Saudi fast-food sales to grow 5pc

The fast-food restaurant markets in the UAE and Saudi will sustain a 5 per cent compound annual growth rate (CAGR) in sales by 2014, said an expert on the sidelines of the ongoing Gulfood expo in Dubai. To take advantage of the robust grow

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UAE, Saudi fast-food sales to grow 5pc

The fast-food restaurant markets in the UAE and Saudi will sustain a 5 per cent compound annual growth rate (CAGR) in sales by 2014, said an expert on the sidelines of the ongoing Gulfood expo in Dubai. To take advantage of the robust grow

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