BinDawood Holding —
BinDawood Holding Company announces signing a Non-binding Memorandum of Understanding with Regional Group Company in Qatar to grant commercial franchise rights for “BinDawood” brand in Qatar.
| Element List | Explanation |
|---|---|
| Introduction | BinDawood Holding Company announces signing a Non-binding Memorandum of Understanding with Regional Group Company in Qatar to grant commercial franchise rights to open 8 branches under “BinDawood” brand in Qatar. |
| Memorandum Signing Date | 2024-07-03 Corresponding to 1445-12-27 |
| Counterparty | Regional Group Company |
| Memorandum Subject | BinDawood Holding signing a Non-binding Memorandum of Understanding with Regional Group Company to grant commercial franchise rights to open 8 branches under “BinDawood” brand in Qatar. This step is consistent with the strategic vision of BinDawood Holding Company to expand its activities through Gulf region. |
| Memorandum Duration | 12 Months |
| Related Parties | Not Applicable |
| Financial Impact | Expecting Positive impact on Company’s activities after signing the final agreement. |
| Additional Information | The latest developments in this regard will be announced at the appropriate time. |
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