Tuesday 30 June 2015
 
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Americana posts 4.3pc Q1 net profit drop

Kuwait Food Co (Americana), whose biggest shareholder has been in talks with several parties to sell a stake in the firm in recent months, posted a 4.3 per cent fall in first-quarter net profit on Monday. The operator of restauran

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One killed in attack on KFC in Egypt town

One person was killed in an attack on a Kentucky Fried Chicken restaurant in a town north of Cairo early on Thursday, Egypt's state news agency Mena reported. A fire broke out at the restaurant in a town in the province of Men

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Kuwait’s Americana Q1 profit rises 10.4pc

Kuwait Food Co, which sells goods under the Americana brand name, reported a 10.4 percent increase in first-quarter net profit on Sunday. The company made 18.1 million dinars ($64.4 million) in the first three months of 2014, up f

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KFC includes Zinger sandwich to value meal

Kentucky Fried Chicken has announced the introduction of its new lunch treat meal, now including the Zinger sandwich, due to popular demand. It comes following a movement supported by 9,818 fans on an independent Facebook page, a

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KFC Arabia top brand for Mena youth

KFC Arabia has ranked high as the favoured brand among youths in the Mena region, with 12 per cent choosing it over other rivals such as McDonald’s (9 per cent), a report said. KFC topped the list of overall favourite brands

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Big fast-food chains 'lag rivals in taste'

McDonald's Corp, Burger King, KFC and Taco Bell are the biggest US fast-food chains, but they lag smaller rivals like In-N-Out Burger and Chick-fil-A when it comes to taste, according to a new survey by Consumer Reports. "Chains like McDon

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Kuveyt Turk's $100m bond sale in August

Kuveyt Turk Katilim Bankasi, the Islamic lender majority held by Kuwait Finance House, plans to launch a three-year, $100 million Islamic bond sale in the first half of August, sources said on Monday. Kuwait's Liquidity Management Hous

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KFC heads to China as US faces recession

With a possible US recession looming, Colonel Sanders is turning to China to fill the breach, offering a menu of fried dough and preserved egg porridge alongside the chicken that turned KFC into an American icon. Beset by falling sales at

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Future helps boost Americana productivity

Future Technology has deployed Avaya call centre solutions at Americana to boost its productivity. The Avaya Gold Partner’s has signed a deal with the region’s pioneer in food industry to handle home delivery orders for its Pizza Hut, Har

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