Home » »

|| Marka acquires chain restaurant Reem Al Bawadi

Marka-Reemalbawadi.jpgThe first public joint stock company Marka PJSC (DFM: MARKA) has purchased the Award-Winning Middle Eastern restaurant chain Reem Al Bawadi. Marka Hospitality targets the fast-growing food and beverages sector in the UAE, has taken full ownership of the home-grown brand serving Middle Eastern cuisine for AED 315 million.

The 14-year-old Reem Al Bawadi owns and operates four outlets in Dubai and after this acquisition deal, Marka expects to open two company-owned outlets this year, one each in Dubai and Abu Dhabi, and three franchise outlets in Al Ain, Saudi Arabia and Bahrain.

Marka PJSC is listed in the Middle East Investors Directory.

More details follows:

May 19, 2015 |  Filed under

Previous Post: Abu Dhabi investment firm acquired stake at three Hong Kong hotels for $2.4 billion
Next Post: Qatar investment firm Jaidah acquired Venice's Hotel For $117 million

More from ...

  Qatar investors acquired stake in US cancer treatment firm for $40 million (October 2018)

  Saudi investors of PIF to invest $1 billion in US car maker Lucid (October 2018)

  Bahrain Investcorp acquired German business campus for nearly $100 million (September 2018)

  Dubai firm DP World acquires $50 million stake in Virgin Hyperloop (September 2018)

  Saudi investors announced investing in cryptocurrency firm Vertex ICO (September 2018)

  Dubai firm acquired Denmark logistics company for $762 million (August 2018)

  Saudi investor acquired 2.3% stake in Snapchat for $250 million (August 2018)

  Dubai investors of ICD acquired 25% of Italian firm CAI (July 2018)

  UAE investors of Crescent Enterprises invested $16 million in US MedTech firms (July 2018)

  Saudi VC firm Raed Ventures invested $1.4 million in Trukker (March 2018)

|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.

|| Subscribe

Copyright 2007-2019 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter