7Charge Will Bring New Level of Accessibility and Convenience to EV Drivers IRVING, Texas: 7‑Eleven, Inc. announced 7Charge, its new, proprietary EV charging network and app that delivers a convenient and reliable fast-charging experience at select 7‑Eleven® stores in the U.S., and coming soon to Canada. 7‑Eleven intends to build one of the largest and most compatible electric vehicle […]
Social Development Bank plans to support SMEs with $6bn financing over next 3 years
Funding Franchise Projects from SAR 150,000 to 4 million RIYADH: Saudi Arabia’s Social Development Bank aims to support small and medium-sized enterprises with SR24 billion ($6.3 billion) financing over the next three years, as the Kingdom steadily diversifies its economy in line with the goals outlined in Vision 2030, revealed a top official. In sidelines […]
Starbucks Store achieves first LEED Platinum certification in the GCC
The Starbucks store at KAFD, Riyadh. Image Courtesy: Alshaya Group Kuwait: Adding another important milestone to a long list of achievements under Alshaya’s partnership with Starbucks. The Starbucks store at KAFD, Riyadh has become one of the first few Food & Beverage stores in the GCC region to attain this prestigious accolade. Alshaya Group and […]
Yum! Partners with Lafayette Square Investment Firm to Lend $50M to Franchisees
The Funds target underrepresented operators, both new and existing. Miami, Florida – Lafayette Square has signed an agreement with Yum! Brands, Inc. to lend up to $50 million to new and existing underrepresented Yum! franchisees identified by Yum! Brands as part of a new financing program called Franchise Fast Start. Franchise Fast Start will help […]
Kitopi, UAE’s cloud kitchen operator, acquires AWJ Investments
Saman Darkan and Mohamad Ballout Dubai: One of the biggest names in the cloud kitchen space, Kitopi has bought out Dubai-based F&B business AWJ, and the name behind delivery and dine-in brands such as Operation Falafel, Catch 22, Awani, and Sushi Do. The latter opened its first outlet in Dubai in 2014 and since expanded […]
OrderUp: Canton startup invests in ‘digital franchising’ to bring online food-ordering across USA
Dubai: As OrderUp eyes expanding to cities across the U.S., it’s working on setting up digital franchises—online food-ordering websites maintained by people in mid-size cities. OrderUp, the Canton-based startup that facilitates ordering food from restaurants online, faces stiff competition from such bigger, national companies as GrubHub and Seamless. But in 2013, as OrderUp eyes expanding […]
Shaquille O’Neal’s “Big Chicken” is going places across USA
Shaquille O’Neal’-Former NBA Hall of Fame Dubai: Shaquille O’Neal’s Big Chicken is going places, well currently it’s focusing its expansion into Texas. However, it is going places. With plans to have 50 locations in Texas and more across America, Shaq is building something big here. O’Neal is not new to the entrepreneurial business. He is […]
Ministry of Economy launches ScaleUp Franchise program in partnership with ‘Emtiyz’ to enable UAE SMEs to benefit from franchising
H.E Abdullah Al Saleh, Under Secretary of the Foreign Trade and Industry at the UAE Ministry of Economy H.E Al Saleh: The Ministry of Economy will continue providing support to entrepreneurs in the UAE through The Entrepreneurial Nation, and the program provides new opportunities for the growth of SMEs In line with the UAE’s efforts […]