BinDawood Holding —
BinDawood Holding Company announces signing franchise agreement with The Regional Group Company in Qatar to grant commercial franchise for “BinDawood” brand in Qatar
| Element List | Explanation |
|---|---|
| Announcement Detail | BinDawood Holding announces on 30 September 2024 Corresponding to 27 Rabi’ I 1446H the signing of franchise agreement with The Regional Group Company (“The Franchisee”) to grant commercial franchise to open eight (8) branches under “BinDawood” brand in Qatar.
The franchisee is committed to establish and operate eight (8) branches of a supermarket under the brand name “BinDawood”.
The Company is expecting positive impact on Company’s activities during the second half of the current year.
This step is consistent with the strategic vision of BinDawood Holding Company to expand its activities through Gulf region through the commercial franchise. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
Share this Article
More Articles
