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Wendy's to expand in the Middle East

Shuwaikh, Kuwait-based Alghanim Industries and The Wendy's Company announced the signing of a Master Franchise Agreement to expand the Wendy's brand in the Middle East.

February 16, 2015

Shuwaikh, Kuwait-based Alghanim Industries and The Wendy's Company announced the signing of a Master Franchise Agreement to expand the Wendy's brand in the Middle East.

Alghanim Industries acquired the rights to develop Wendy's restaurants across the Middle East North Africa region from Alamar Foods, a Saudi-based company owned jointly by Al Jammaz Group and the Carlyle Group, the announcement said. The value of the deal remains undisclosed. 

Alghanim Industries acquired operational outlets in the UAE and plans to open additional stores across MENA over the next 10 years.  Expansion plans also include opening stores in Alghanim Industries home market, Kuwait, which has among the highest consumption of fast food per capita in the MENA region, the company said.